Here are some facts you might find interesting
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
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!