Foundation Finances and Management

February 21, 2002 | Read Time: 2 minutes

Percentage of Grant Makers That Use Social-Investment Screens
All foundations
Under $5,000,000 in assets	24.0%
$5,000,000-$9,999,999	16.9%
$10,000,000-$24,999,999	17.0%
$25,000,000-$49,999,999	9.3%
$50,000,000-$99,999,999	15.6%
$100,000,000-$249,999,999	14.0%
$250,000,000-$499,999,999	4.7%
$500,000,000 or more	18.4%
All	16.0%

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Median Spending on Charitable Purposes
	Charitable administrative expenses as a percentage of assets	Charitable administrative expenses as a percentage of grants	Charitable administrative expenses as a percentage of payout	Payout for charitable activities as a percentage of assets
Family foundations
Under $5,000,000 in assets	0.3%	5.9%	5.1%	5.8%
$5,000,000-$9,999,999	0.4%	8.5%	7.6%	5.2%
$10,000,000-$24,999,999	0.5%	11.8%	8.9%	5.1%
$25,000,000-$49,999,999	0.5%	8.2%	7.1%	5.0%
$50,000,000-$99,999,999	0.5%	10.9%	8.6%	5.0%
$100,000,000-$249,999,999	0.4%	8.4%	7.4%	5.2%
$250,000,000-$499,999,999	0.4%	9.4%	7.4%	5.3%
$500,000,000 or more	0.4%	10.1%	8.4%	5.1%
All	0.4%	9.2%	7.5%	5.1%
	Charitable administrative expenses as a percentage of assets	Charitable administrative expenses as a percentage of grants	Charitable administrative expenses as a percentage of payout	Payout for charitable activities as a percentage of assets
Independent foundations
Under $5,000,000 in assets	1.6%	9.1%	7.6%	6.7%
$5,000,000-$9,999,999	1.6%	26.3%	19.7%	6.1%
$10,000,000-$24,999,999	0.5%	9.9%	8.0%	5.1%
$25,000,000-$49,999,999	0.6%	13.8%	11.1%	5.0%
$50,000,000-$99,999,999	0.5%	9.8%	8.3%	5.0%
$100,000,000-$249,999,999	0.6%	14.3%	11.1%	5.1%
$250,000-$499,999,999	0.6%	13.3%	10.4%	5.2%
$500,000,000 or more	0.5%	11.3%	9.4%	4.9%
All	0.5%	12.1%	10.1%	5.1%
	Charitable administrative expenses as a percentage of assets	Charitable administrative expenses as a percentage of grants	Charitable administrative expenses as a percentage of payout	Payout for charitable activities as a percentage of assets
All foundations
Under $5,000,000 in assets	0.6%	6.2%	5.5%	6.1%
$5,000,000-$9,999,999	0.4%	9.4%	8.5%	5.3%
$10,000,000-$24,999,999	0.5%	10.9%	8.5%	5.1%
$25,000,000-$49,999,999	0.5%	12.1%	10.3%	5.0%
$50,000,000-$99,999,999	0.5%	10.1%	8.5%	5.0%
$100,000,000-$249,999,999	0.5%	11.3%	9.5%	5.1%
$250,000-$499,999,999	0.5%	10.1%	8.7%	5.2%
$500,000,000 or more	0.5%	11.0%	9.0%	5.0%
All	0.5%	10.4%	8.6%	5.1%
SOURCE: Council on Foundations

About Assets and Investments
	Investment type (percentage of total portfolio)
	Stock			Fixed income		Equity-owned real estate	Cash	Program-related investments	Other
	Donor	Domestic	Foreign	Domestic	International
Community foundations
Under $5,000,000 in assets	0.4%	54.8%	4.4%	24.3%	0.3%	0.1%	7.5%	0.1%	8.3%
$5,000,000-$9,999,999	0.0%	50.3%	3.4%	36.3%	0.6%	0.2%	8.8%	0.0%	0.5%
$10,000,000-$24,999,999	2.3%	51.7%	7.9%	29.2%	1.0%	0.0%	6.0%	0.0%	2.0%
$25,000,000-$49,999,999	3.0%	53.2%	9.0%	28.2%	0.5%	0.8%	3.6%	0.0%	1.7%
$50,000,000-$99,999,999	0.0%	54.6%	9.6%	27.2%	1.1%	1.7%	3.6%	0.0%	2.3%
$100,000,000-$249,999,999	0.0%	56.4%	11.6%	27.6%	0.7%	0.1%	2.2%	0.0%	1.4%
$250,000,000-$499,999,999	0.0%	54.9%	9.9%	26.7%	2.5%	1.7%	4.0%	0.0%	0.5%
$500,000,000 or more	0.0%	53.8%	11.1%	26.1%	1.7%	0.0%	4.3%	0.1%	3.1%
All	1.0%	53.3%	7.4%	28.3%	0.9%	0.5%	5.7%	0.0%	3.0%
	Stock			Fixed income		Equity-owned real estate	Cash	Program-related investments	Other
	Donor	Domestic	Foreign	Domestic	International
Family foundations
Under $5,000,000 in assets	9.1%	57.1%	3.4%	12.1%	0.4%	0.2%	13.4%	0.0%	4.4%
$5,000,000-$9,999,999	25.6%	45.2%	3.2%	18.0%	0.1%	0.6%	6.1%	0.3%	0.9%
$10,000,000-$24,999,999	8.8%	56.0%	5.5%	16.1%	0.1%	1.0%	8.4%	0.5%	3.6%
$25,000,000-$49,999,999	4.9%	55.6%	8.0%	20.7%	0.3%	0.2%	3.5%	0.1%	6.8%
$50,000,000-$99,999,999	1.7%	63.1%	5.9%	21.8%	0.0%	0.1%	3.8%	0.1%	3.6%
$100,000,000-$249,999,999	3.3%	49.4%	10.2%	20.2%	1.8%	0.0%	7.0%	0.2%	7.9%
$250,000,000-$499,999,999	8.9%	45.3%	13.9%	16.3%	0.8%	6.1%	2.4%	0.0%	6.3%
$500,000,000 or more	14.8%	43.0%	11.1%	19.5%	0.6%	0.7%	2.3%	0.3%	7.7%
All	9.6%	53.2%	6.5%	17.4%	0.5%	0.7%	7.2%	0.2%	4.8%
	Stock			Fixed income		Equity-owned real estate	Cash	Program-related investments	Other
	Donor	Domestic	Foreign	Domestic	International
Independent foundations
Under $5,000,000 in assets	0.0%	38.3%	2.1%	23.7%	4.9%	0.0%	31.0%	0.0%	0.1%
$5,000,000-$9,999,999	0.0%	67.7%	4.2%	20.7%	2.0%	0.0%	5.5%	0.0%	0.0%
$10,000,000-$24,999,999	0.5%	62.1%	6.4%	21.9%	4.1%	1.2%	2.7%	0.1%	1.1%
$25,000,000-$49,999,999	0.0%	61.2%	4.9%	24.3%	0.4%	0.5%	3.5%	4.9%	0.2%
$50,000,000-$99,999,999	0.1%	57.7%	8.9%	27.7%	0.7%	0.6%	2.7%	0.1%	1.6%
$100,000,000-$249,999,999	1.1%	54.3%	10.7%	25.0%	0.7%	0.3%	2.2%	0.0%	5.8%
$250,000,000-$499,999,999	4.7%	51.2%	9.8%	20.9%	0.4%	2.6%	2.7%	0.2%	7.5%
$500,000,000 or more	11.5%	40.3%	15.7%	15.2%	1.5%	1.3%	1.9%	0.0%	12.7%
All	2.5%	53.7%	8.9%	22.7%	1.6%	0.8%	4.9%	0.6%	4.4%
	Stock			Fixed income		Equity-owned real estate	Cash	Program-related investments	Other
	Donor	Domestic	Foreign	Domestic	International
Public foundations
Under $5,000,000 in assets	0.0%	28.0%	9.7%	28.8%	0.8%	1.6%	26.8%	0.0%	4.5%
$5,000,000-$9,999,999	0.0%	53.5%	15.0%	27.8%	0.0%	0.0%	3.8%	0.0%	0.0%
$10,000,000-$24,999,999	0.0%	52.0%	5.1%	33.4%	0.0%	2.8%	4.4%	0.0%	2.2%
$25,000,000-$49,999,999	0.0%	44.8%	14.8%	36.8%	0.0%	0.6%	2.3%	0.1%	0.8%
$50,000,000-$99,999,999	0.0%	52.2%	13.6%	27.2%	1.6%	0.0%	2.5%	0.0%	3.0%
$100,000,000-$249,999,999	0.0%	48.1%	13.7%	25.5%	0.7%	0.6%	9.0%	0.1%	2.4%
$250,000,000 or more	0.0%	51.4%	10.7%	28.8%	3.1%	3.0%	0.8%	0.0%	2.2%
All	0.0%	45.0%	11.7%	30.1%	0.7%	1.2%	8.9%	0.0%	2.4%
	Stock			Fixed income		Equity-owned real estate	Cash	Program-related investments	Other
	Donor	Domestic	Foreign	Domestic	International
All foundations
Under $5,000,000 in assets	3.6%	51.1%	4.3%	20.0%	0.9%	0.3%	14.4%	0.0%	5.5%
$5,000,000-$9,999,999	10.7%	50.5%	3.8%	26.4%	0.5%	0.3%	7.1%	0.1%	0.5%
$10,000,000-$24,999,999	4.3%	55.0%	6.6%	23.4%	1.1%	0.7%	6.3%	0.2%	2.5%
$25,000,000-$49,999,999	2.5%	54.6%	8.6%	26.0%	0.3%	0.5%	3.3%	1.2%	3.0%
$50,000,000-$99,999,999	0.4%	57.3%	8.9%	26.1%	0.8%	0.8%	3.3%	0.0%	2.4%
$100,000,000-$249,999,999	1.4%	52.1%	11.1%	24.0%	1.0%	0.2%	4.7%	0.1%	5.3%
$250,000,000-$499,999,999	3.9%	50.9%	10.9%	22.2%	1.4%	3.2%	2.9%	0.1%	4.6%
$500,000,000 or more	9.9%	44.2%	13.2%	19.0%	1.3%	0.8%	2.6%	0.1%	8.9%
All	4.2%	52.6%	7.9%	23.4%	0.9%	0.7%	6.3%	0.2%	3.9%

Foundation Portfolio Composition
	Domestic stock (Percentage of total portfolio)			International stock (Percentage of total portfolio)				Other investments (Percentage of total portfolio)
	Small cap	Mid/large cap	Total	Small cap	Mid/large cap	Emerging markets	Total	Convertible securities	Hedge funds	REITs	Venture capital	Other	Total
Grant-maker type
Community	8.3%	46.9%	55.2%	1.1%	10.2%	1.5%	12.9%	1.5%	0.9%	0.8%	0.2%	16.4%	19.7%
Family	7.9%	49.8%	57.7%	0.5%	9.8%	1.3%	11.6%	0.4%	3.7%	1.1%	1.2%	7.2%	13.6%
Independent	8.3%	44.7%	53.0%	1.4%	10.1%	2.2%	13.6%	0.1%	4.7%	0.8%	3.4%	3.0%	12.0%
Public	6.8%	42.8%	49.6%	0.7%	13.6%	3.6%	17.8%	3.7%	0.8%	1.5%	0.1%	2.6%	8.7%
	Domestic stock (Percentage of total portfolio)			International stock (Percentage of total portfolio)				Other investments (Percentage of total portfolio)
	Small cap	Mid/large cap	Total	Small cap	Mid/large cap	Emerging markets	Total	Convertible securities	Hedge funds	REITs	Venture capital	Other	Total
Asset group
Under $5,000,000 in assets	8.1%	52.7%	60.8%	0.5%	7.6%	1.8%	10.0%	3.1%	2.3%	0.8%	0.9%	25.5%	32.5%
$5,000,000-$9,999,999	6.4%	50.1%	56.4%	0.6%	8.0%	3.0%	11.7%	0.5%	0.7%	1.6%	0.5%	2.3%	5.6%
$10,000,000-$24,999,999	7.9%	50.0%	57.9%	1.0%	11.0%	1.1%	13.1%	0.8%	1.7%	1.5%	0.2%	11.0%	15.3%
$25,000,000-$49,999,999	9.9%	46.3%	56.2%	1.6%	11.3%	1.2%	14.1%	0.7%	4.5%	1.1%	0.1%	6.1%	12.6%
$50,000,000-$99,999,999	7.4%	49.7%	57.1%	0.6%	10.9%	1.6%	13.1%	1.9%	0.5%	0.7%	1.5%	4.9%	9.5%
$100,000,000-$249,999,999	7.3%	45.7%	53.0%	0.9%	10.8%	1.8%	13.5%	0.0%	6.6%	1.2%	1.1%	3.5%	12.4%
$250,000,000-$499,999,999	10.2%	40.6%	50.8%	1.2%	9.2%	2.0%	12.4%	0.3%	2.6%	0.5%	1.8%	2.7%	7.9%
$500,000,000 or more	8.1%	34.5%	42.6%	0.9%	11.0%	2.9%	14.8%	0.2%	3.0%	0.8%	4.5%	4.4%	12.9%
All	8.1%	46.8%	54.9%	1.0%	10.4%	1.8%	13.1%	0.8%	3.3%	1.0%	1.6%	7.1%	13.7%
SOURCE: Council on Foundations