FoundationMark models indicate that U.S. foundations' assets fell $290 billion in the nine months ended September 30, 2022. Equity and fixed income prices have come under a great deal of pressure during the year due to concern about inflation and the possibility of a recession. The FoundationMark estimates point to asset levels down 22.3% in 2022, bringing them close to 2017 … [Read more...] about Foundation Retreat Nearly to 2017 Level
Foundation Assets Drop over $200 billion in First Half
*The data in the chart above combines historic information drawn from foundations' reported asset levels and disbursements obtained from their annual tax filings, along with projected values based on the FoundationMark Grantmaker Investment Value ("GIV") Index which estimates monthly returns for the foundation universe based on reported asset allocations and market returns. … [Read more...] about Foundation Assets Drop over $200 billion in First Half
Finance
Celebrities
Egregious Foundations
If 99% of foundations act in a truly charitable fashion, that would imply that about 500 foundations in our universe have made choices that might seem odd, or self serving.In this section we point out a few examples that seem incongruous with core philanthropic principles. CHRISTIAN OLSEN PRIVATE FOUNDATION … [Read more...] about Egregious Foundations