The FoundationMark 15 The FoundationMark 15 (“FM 15”) is a selection of 15 of the largest and best-known private foundations in the United States. Most private foundations, like those comprising the FM 15, rely on their investment returns as an important, and, often, their only, source of income to support their philanthropic goals. To view the performances and full … [Read more...] about FoundationMark 15 Asset Allocation
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
Every month, FoundationAdvocate ("FA") highlights a state by providing a brief overview of its foundations in terms of performance, fees, and asset allocation. Data on Pennsylvania foundations and other states can also be found at Top Ten. The opinions expressed are FA's. Pennsylvania Highlights Better Median Investment Performance Versus Overall Foundation … [Read more...] about Bird’s Eye View: Pennsylvania
Every month, Foundation Advocate chooses one aspect of foundation investment performance to highlight. This month we examine some concepts surrounding setting benchmarks. Setting A Course The title off this article, Who Controls The Money?, is intentionally provocative. On the one hand, the answer might be, of course, the trustees control the foundation's assets, but … [Read more...] about How Are Foundation’s Doing? June 2019 Topic: Who Controls The Money
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!