Charitable Disbursements up 40% in the Past Five Years As the chart below shows, private foundations have increased their annual philanthropic support (green line) by nearly 40%, from $54 billion (FY2013) to $73 billion (Most Recent), an increase of $19 billion per year. Also growing at a rapid pace have been incoming contributions (blue line) with new contributions … [Read more...] about Giving Has Been Growing
The Trillion Dollar Milestone Over the past several years, US foundation assets have been steadily climbing. The combination of strong financial markets and substantial gifts over the past five years propelled total assets of US foundations to just over $1 trillion in fiscal 2017, breaking the trillion dollar mark for the first time ever. More importantly, grant … [Read more...] about US Foundations Assets Hit $1 Trillion for the First Time!
Five Years of Substantial Growth from Incoming Contributions Foundations have two primary sources of asset growth, 1) investment returns, and 2) new contributions. At FoundationAdvocate, we spend the lion's share of out time focusing on investment returns, but we thought it would be interesting to understand a little more about the incoming contributions. Private … [Read more...] about Incoming Contributions
Similar Yet Distinct Many people think of foundations and endowments as interchangeable entities, and for good reason, as they have a fair amount in common. But if you peel back even the first layer of the onion, you will see structural differences between the two that can have important implications on their investment strategies. To be clear, we are discussing … [Read more...] about Foundations and Endowments: Cousins, not Twins