Performance

FoundationMark models indicate that U.S. foundations' assets fell nearly $250 billion in 2022. After three consecutive down quarters, the fourth quarter saw a significant bounce of over 6% to reduce the drop from the yearly low in September. FoundationMark estimates point to asset levels down 18.9% in 2022, puttting them back to 2019 levelsFoundation asset levels are a function … [Read more...] about Foundation Assets Fall By Record In 2022

Giving Forecasted to be Down Slightly in 2022 Asset levels reached a record $1.3 trillion at the end of 2021 before falling to $1.05 trillion by December 2022.  This decrease caused the rolling three year asset level to drop to modestly to $1.17 trillion.  Based on the two important caveats regarding asset levels and payout ratios that we highlight, we expect foundation … [Read more...] about Giving Forecast Update: December 2022

GIV Index Up in Fourth Quarter, but Down for Year The Grantmaker Investment Value Index ("GIV") rose over 6% in the fourth quarter, but that was not enough to compensate for the first nine months performance, leaving the index down 15.5% for 2022. Over the longer term, foundation investment performance annualized at 6.1% per year for the ten years ended December 31, 2022, … [Read more...] about Fourth Quarter Investment Performance