Newsletters
November Filings
Which Foundations Recently Reported? Foundations are required to submit a detailed account of their financial position once a year including the composition and value of their holdings, the recipients of their grants, and their operational expenses. FoundationMark receives this data on a rolling monthly basis and uses it to estimate investment performance for every foundation, … [Read more...] about November Filings
October Filings
here they are Which Foundations Recently Reported? Foundations are required to submit a detailed account of their financial position once a year including the composition and value of their holdings, the recipients of their grants, and their operational expenses. FoundationMark receives this data on a rolling monthly basis and uses it to estimate … [Read more...] about October Filings
Disbursements Forecast Update: September 2023
Disbursements Forecasted to be Up Slightly in 2023 Asset levels reached a record approaching $1.5 trillion at the end of 2021 but dropped by $200 billion through December 2022. Year-to-date 2023 has seen an uptick in financial markets leading to about a 5% gain in estimated asset levels through September.Based on the two important caveats (see box) regarding asset levels … [Read more...] about Disbursements Forecast Update: September 2023
Third Quarter Jitters
FoundationMark models indicate that U.S. foundations' assets rose by about $70 billion, or about 5%, in 2023 through September despite a pullback in the most recent quarter as financial markets wobbled. Foundation asset levels are a function of three variables: incoming contributions, outgoing grants and expenses, and investment performance. The Grantmaker Investment Value … [Read more...] about Third Quarter Jitters
Third Quarter Investment Performance
Third Quarter Gives Back Some of 2023 Gains The Grantmaker Investment Value Index ("GIV") fell 2.9% in the third quarter pulling down year-to-date performance to an estimated 8.2% after a strong start to the year. Foundation investment performance annualized at 6.0% per year for the ten years ended September, 2023, modestly ahead of the required 5% payout ratio, but still … [Read more...] about Third Quarter Investment Performance