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Fundraising

2002 Foundation Giving

April 4, 2002 | Read Time: 10 minutes

A DECADE OF CHANGE FOR BIG FOUNDATIONS
Assets 2001 Assets 1991 Percentage change
Bill & Melinda Gates Foundation (Seattle) 1 $23,300,000,000
Lilly Endowment (Indianapolis) 2 $12,600,000,000 $3,990,000,000 + 215.8%
Ford Foundation (New York) $11,300,000,000 $6,481,000,000 + 74.4%
Robert Wood Johnson Foundation (Princeton, N.J.) $8,850,000,000 $4,081,000,000 + 116.9%
David and Lucile Packard Foundation (Los Altos, Calif.) $6,200,000,000 $718,175,870 + 763.3%
William and Flora Hewlett Foundation (Menlo Park, Calif.) $5,900,000,000 $752,713,000 + 683.8%
W.K. Kellogg Foundation (Battle Creek, Mich.) $5,500,000,000 $6,339,000,000 – 13.2%
Pew Charitable Trusts (Philadelphia) $4,300,000,000 $3,388,000,000 + 26.9%
John D. and Catherine T. MacArthur Foundation (Chicago) $4,200,000,000 $3,278,000,000 + 28.1%
Andrew W. Mellon Foundation (New York) $4,000,000,000 $1,850,000,000 + 116.2%
Note: Assets are as of December 31. Figures for 1991 are from a Chronicle survey conducted in 1992.
1. Did not exist in 1991.
2. 2001 assets are from the foundation’s filing with the federal Securities and Exchange Commission and include only the value of stock held in Eli Lilly and Company.
HOW MUCH FOUNDATIONS PLAN TO GIVE IN 2002
2002 budget Percentage change from 2001
Helen Bader Foundation (Milwaukee) 1 $12,500,000 (P) + 5.4%
Lynde and Harry Bradley Foundation (Milwaukee) 30,000,000 (A) – 17.1
Otto Bremer Foundation (St. Paul) 21,000,000 (A) + 13.1
James Graham Brown Foundation (Louisville, Ky.) 21,000,000 (A) – 34.1
California Wellness Foundation (Woodland Hills) 42,000,000 (A) + 20.9
J. Bulow Campbell Foundation (Atlanta) 32,500,000 (A) – 22.1
Carnegie Corporation of New York 2 92,900,000 (A) + 9.8
Amon G. Carter Foundation (Fort Worth) 16,000,000 (A) + 23.7
Annie E. Casey Foundation (Baltimore) 186,575,316 (A) + 0.7
Nathan Cummings Foundation (New York) 16,000,000 (A) + 12.0
Geraldine R. Dodge Foundation (Morristown, N.J.) 21,000,000 (A) – 11.2
Doris Duke Charitable Foundation (New York) 39,328,000 (A) – 21.1
Jessie Ball duPont Fund (Jacksonville, Fla.) 3 12,500,000 (A) – 0.4
Educational Foundation of America (Westport, Conn.) 11,500,000 (P) – 4.5
Lettie Pate Evans Foundation (Atlanta) 5,700,000 (P) + 3.6
George Gund Foundation (Cleveland) 19,000,000 (A) – 2.8
Miriam and Peter Haas Fund (San Francisco) 10,800,000 (A) – 15.2
Walter and Elise Haas Fund (San Francisco) 12,000,000 (A) – 4.6
Hearst Foundation (New York) 14,100,000 (A) + 5.3
William Randolph Hearst Foundation (New York) 31,600,000 (A) + 13.9
Heinz Endowments (Pittsburgh) 80,000,000 (A) + 44.4
F.B. Heron Foundation (New York) 15,000,000 (A) – 8.5
Conrad N. Hilton Foundation (Reno, Nev.) 4 10,000,000 (A) – 28.2
Houston Endowment 65,000,000 (A) – 15.3
James Irvine Foundation (San Francisco) 66,000,000 (A) – 10.8
Kansas Health Foundation (Wichita) 17,000,000 (P) – 6.5
F.M. Kirby Foundation (Morristown, N.J.) 24,100,000 (P) + 10.2
Koch Foundation (Gainesville, Fla.) 5 10,000,000 (A) – 9.0
Kronkosky Charitable Foundation (San Antonio) 14,900,000 (A) – 8.8
Maclellan Foundation (Chattanooga, Tenn.) 26,000,000 (A) + 23.8
Robert R. McCormick Tribune Foundation (Chicago) 95,625,000 (A) – 11.8
McCune Foundation (Pittsburgh) 2 28,000,000 (P) + 0.5
McKnight Foundation (Minneapolis) 92,000,000 (P) + 1.4
Meadows Foundation (Dallas) 38,533,250 (A) + 11.1
Meyer Memorial Trust (Portland, Ore.) 5 26,000,000 (A) 0.0
Charles Stewart Mott Foundation (Flint, Mich.) 110,000,000 (A) – 15.2
Northwest Area Foundation (St. Paul) 5 11,050,000 (A) – 67.1
Noyce Foundation (Palo Alto, Calif.) 10,000,000 (A) + 35.9
John M. Olin Foundation (New York) 20,000,000 (A) – 2.4
Park Foundation (Ithaca, N.Y.) 20,000,000 (A) + 5.2
Ralph M. Parsons Foundation (Los Angeles) 10,000,000 (A) – 24.5
William Penn Foundation (Philadelphia) 60,800,000 (P) – 0.5
Plough Foundation (Memphis) 10,000,000 (A) – 30.6
Public Welfare Foundation (Washington) 3 19,500,000 (A) – 1.7
Nina Mason Pulliam Charitable Trust (Indianapolis) 15,200,000 (A) – 15.9
Kate B. Reynolds Charitable Trust (Winston-Salem, N.C.) 1 26,900,000 (P) + 4.1
Z. Smith Reynolds Foundation (Winston-Salem, N.C.) 14,000,000 (A) + 2.2
Sid W. Richardson Foundation (Fort Worth) 11,000,000 (P) – 68.4
Smith Richardson Foundation (Westport, Conn.) 14,000,000 (A) – 8.7
Rockefeller Foundation (New York) 145,400,000 (A) – 2.7
Charles and Helen Schwab Foundation (San Mateo, Calif.) 6 11,200,000 (P) + 9.8
Soros foundations (New York) 7 457,000,000 (P) + 5.5
Spencer Foundation (Chicago) 5 12,775,000 (A) – 8.8
Stuart Foundation (San Francisco) 17,000,000 (A) – 12.3
Surdna Foundation (New York) 6 37,000,000 (A) – 5.6
Teagle Foundation (New York) 8 12,574,000 (A) – 3.0
Victoria Foundation (Montclair, N.J.) 10,000,000 (A) – 33.7
Joseph B. Whitehead Foundation (Atlanta) 17,400,000 (P) – 1.3
Robert W. Woodruff Foundation (Atlanta) 107,800,000 (P) – 24.3
Note: Foundations listed in this table provided specific figures for their grants budgets; the other 93 surveyed by The Chronicle did not provide such figures. Unless otherwise noted, figures cover fiscal years ending December 31.
(A) Budget for grants to be approved.
(P) Budget for grants to be paid.
1. Fiscal year ends August 31.
2. Fiscal year ends September 30.
3. Fiscal year ends October 31.
4. Figures are for the fiscal year ending February 28, 2003. Percentage changes are based on the fiscal year ending February 28, 2002.
5. Figures are for the fiscal year ending March 31, 2003. Percentage changes are based on the fiscal year ending March 31, 2002.
6. Fiscal year ends June 30.
7. Figures are for the philanthropic institutions financed by George Soros in more than 40 countries and include operating programs and administrative expenses.
8. Fiscal year ends May 31.
LARGE GRANTS IN 2001: A SAMPLING
Grant recipient Amount
Ford Foundation (New York) International Fellowships Fund (New York) $275,526,718
Bill & Melinda Gates Foundation (Seattle) International AIDS Vaccine Initiative (New York) $100,000,000
F.W. Olin Foundation (Sarasota, Fla.) Franklin W. Olin College of Engineering (Needham, Mass.) $56,293,009
California Endowment (Woodland Hills) Tides Center (San Francisco) $45,000,000
Robert W. Woodruff Foundation (Atlanta) Robert W. Woodruff Health Sciences Center Fund (Atlanta) $33,778,071
Turner Foundation (Atlanta) U.S. Department of State (Washington) $31,028,518
David and Lucile Packard Foundation (Los Altos, Calif.) Lucile Packard Foundation for Children’s Health (Palo Alto, Calif.) $30,000,000
Donald W. Reynolds Foundation (Las Vegas) Smithsonian Institution (Washington) $30,000,000
Sid W. Richardson Foundation (Fort Worth) MPA Foundation (Fort Worth) $24,000,000
Robert Wood Johnson Foundation (Princeton, N.J.) University of Akron (Ohio) $13,651,613
Hall Family Foundation (Kansas City, Mo.) Children’s Mercy Hospital (Kansas City, Mo.) $12,375,000
The Paul G. Allen Charitable Foundations (Seattle) Lakeside School (Seattle) $10,000,000
Annenberg Foundation (St. Davids, Pa.) South Florida Annenberg Challenge (Fort Lauderdale) $10,000,000
W.M. Keck Foundation (Los Angeles) Keck Graduate Institute of Applied Sciences (Claremont, Calif.) $10,000,000
Jeffry M. & Barbara Picower Foundation (Palm Beach, Fla.) Massachusetts Institute of Technology (Cambridge) $10,000,000
Amon G. Carter Foundation (Fort Worth) Amon Carter Museum of Western Art (Fort Worth) $8,949,901
DeWitt Wallace-Reader’s Digest Fund (New York) Council of Chief State School Officers (Washington) $8,853,000
Duke Endowment (Charlotte, N.C.) Duke University (Durham, N.C.) $8,802,000
Heinz Endowments (Pittsburgh) University of Pittsburgh $6,000,000
James Irvine Foundation (San Francisco) Great Valley Center (Modesto, Calif.) $6,000,000
Joseph B. Whitehead Foundation (Atlanta) United Way of Metropolitan Atlanta $6,000,000
Andrew W. Mellon Foundation (New York) Massachusetts Institute of Technology (Cambridge) $5,500,000
Note: Grants listed represent the single largest payment made by each foundation in fiscal 2001.
SIZE OF MEDIAN GRANTS AT BIG FOUNDATIONS
2001 2000
Ahmanson Foundation (Beverly Hills, Calif.) 1 $66,186 $93,791
The Paul G. Allen Charitable Foundations (Seattle) $25,000 $20,000
Altman Foundation (New York) $67,794 $55,632
Annenberg Foundation (St. Davids, Pa.) 2 $5,000 $5,000
Helen Bader Foundation (Milwaukee) 3 $53,811 $39,653
Baptist Community Ministries (New Orleans) 4 $300,000 n/a
Barr Foundation (Boston) 5 $125,000 $100,000
Claude Worthington Benedum Foundation (Pittsburgh) $60,000 $50,000
Boettcher Foundation (Denver) $38,000 $42,000
Booth Ferris Foundation (New York) $100,000 $100,000
Lynde and Harry Bradley Foundation (Milwaukee) $40,000 $30,000
Otto Bremer Foundation (St. Paul) $23,318 $20,486
Burnett Foundation (Fort Worth) $30,580 $30,000
Burroughs Wellcome Fund (Research Triangle Park, N.C.) 3 $14,400 $19,275
Bush Foundation (St. Paul) 5 $173,000 $100,000
Morris and Gwendolyn Cafritz Foundation (Washington) 6 $25,000 $25,000
California Endowment (Woodland Hills) 7 $263,750 n/a
California Wellness Foundation (Woodland Hills) $50,000 $50,000
J. Bulow Campbell Foundation (Atlanta) $1,000,000 $800,000
Carnegie Corporation of New York 4 $250,000 $250,000
Amon G. Carter Foundation (Fort Worth) $45,000 $34,570
Roy J. Carver Charitable Trust (Muscatine, Iowa) 6 $40,000 $40,000
Champlin Foundations (Warwick, R.I.) $50,000 $50,000
Commonwealth Fund (New York) 8 $122,275 $25,000
Connelly Foundation (West Conshohocken, Pa.) $8,200 $7,775
Nathan Cummings Foundation (New York) $70,000 $60,000
Danforth Foundation (St. Louis) 9 $75,000 $175,000
Arthur Vining Davis Foundations (Jacksonville, Fla.) $175,000 $175,000
Geraldine R. Dodge Foundation (Morristown, N.J.) $46,000 $50,000
Doris Duke Charitable Foundation (New York) $545,000 $750,000
Jessie Ball duPont Fund (Jacksonville, Fla.) 1 $133,500 $140,000
Dyson Foundation (Millbrook, N.Y.) $25,000 $24,000
Educational Foundation of America (Westport, Conn.) $100,000 $80,000
Charles Engelhard Foundation (New York) $25,000 $25,000
Lettie Pate Evans Foundation (Atlanta) $250,000 $500,000
Ford Family Foundation (Roseburg, Ore.)10 $80,000 $62,071
Ford Foundation (New York) 4 $100,000 $120,000
France-Merrick Foundation (Baltimore) 9 $100,000 $100,000
Richard & Rhoda Goldman Fund (San Francisco) $25,000 $10,000
Grable Foundation (Pittsburgh) $20,000 $20,000
Evelyn and Walter Haas Jr. Fund (San Francisco) $35,000 $25,000
Miriam and Peter Haas Fund (San Francisco) $50,000 $48,383
Hall Family Foundation (Kansas City, Mo.) $60,000 n/a
John A. Hartford Foundation (New York) $1,398,373 $546,446
Hearst Foundation (New York) $75,000 $50,000
William Randolph Hearst Foundation (New York) $100,000 $100,000
Heinz Endowments (Pittsburgh) $110,000 $75,000
F.B. Heron Foundation (New York) $50,000 $50,000
William and Flora Hewlett Foundation (Menlo Park, Calif.) $200,000 $266,623
Conrad N. Hilton Foundation (Reno, Nev.) 7 $83,000 n/a
James Irvine Foundation (San Francisco) $150,000 $200,000
J. Seward Johnson Sr. Charitable Trust (Princeton, N.J.) $25,000 n/a
Robert Wood Johnson Foundation (Princeton, N.J.) $174,120 $198,246
Joyce Foundation (Chicago) $150,000 $150,000
Ewing Marion Kauffman Foundation (Kansas City, Mo.) 2 $50,000 $20,000
W.M. Keck Foundation (Los Angeles) $791,000 $784,000
W.K. Kellogg Foundation (Battle Creek, Mich.) 3 $51,126 n/a
William T. Kemper Foundation (Kansas City, Mo.) 1 $32,892 $54,990
John S. and James L. Knight Foundation (Miami) $100,000 $100,000
Koch Foundation (Gainesville, Fla.) 10 $14,000 $15,000
Koret Foundation (San Francisco) $70,740 n/a
Kresge Foundation (Troy, Mich.) $500,000 $500,000
Kronkosky Charitable Foundation (San Antonio) $100,000 $150,000
Libra Foundation (Portland, Me.) $10,000 $15,000
Longwood Foundation (Wilmington, Del.) 4 $316,783 $338,752
Henry Luce Foundation (New York) $204,000 $300,000
Lumina Foundation for Education (Indianapolis) $64,000 n/a
John D. and Catherine T. MacArthur Foundation (Chicago) $90,000 $75,000
Maclellan Foundation (Chattanooga, Tenn.) $200,000 n/a
Robert R. McCormick Tribune Foundation (Chicago) $50,000 $62,000
McCune Foundation (Pittsburgh) 4 $75,000 n/a
James S. McDonnell Foundation (St. Louis) $101,610 $149,908
McKnight Foundation (Minneapolis) $70,000 $70,000
Meadows Foundation (Dallas) $87,500 $81,000
Meyer Memorial Trust (Portland, Ore.)10 $100,000 $141,000
Charles Stewart Mott Foundation (Flint, Mich.) $100,000 $100,000
M.J. Murdock Charitable Trust (Vancouver, Wash.) $100,000 $100,000
Samuel Roberts Noble Foundation (Ardmore, Okla.) 1 $25,000 $20,000
Northwest Area Foundation (St. Paul)10 $72,000 $35,000
Noyce Foundation (Palo Alto, Calif.) $41,000 $42,750
John M. Olin Foundation (New York) $150,000 $100,000
David and Lucile Packard Foundation (Los Altos, Calif.) $100,000 $80,000
Park Foundation (Ithaca, N.Y.) $15,000 $15,000
Ralph M. Parsons Foundation (Los Angeles) $67,203 $86,000
William Penn Foundation (Philadelphia) $82,500 $82,500
Pew Charitable Trusts (Philadelphia) $300,000 $200,000
Jeffry M. & Barbara Picower Foundation (Palm Beach, Fla.) $50,000 n/a
Plough Foundation (Memphis) $100,000 $250,000
Polk Brothers Foundation (Chicago) 3 $50,000 $50,000
Public Welfare Foundation (Washington) 1 $35,000 $30,000
Publix Super Markets Charities (Lakeland, Fla.) $7,500 $7,500
Nina Mason Pulliam Charitable Trust (Indianapolis) $82,000 $112,000
Retirement Research Foundation (Chicago) $41,804 $40,411
Kate B. Reynolds Charitable Trust (Winston-Salem, N.C.) 3 $93,893 $64,390
Z. Smith Reynolds Foundation (Winston-Salem, N.C.) $51,522 $46,899
Sid W. Richardson Foundation (Fort Worth) $150,000 $150,000
Smith Richardson Foundation (Westport, Conn.) $100,000 $75,000
Rockefeller Foundation (New York) $138,180 $146,264
Skillman Foundation (Detroit) $100,000 $100,000
Spencer Foundation (Chicago)10 $300,000 n/a
Stuart Foundation (San Francisco) $79,000 $84,761
Surdna Foundation (New York) 2 $87,000 $82,000
Teagle Foundation (New York) 9 $86,000 $77,500
John Templeton Foundation (Radnor, Pa.) $100,000 $85,000
Timken Foundation of Canton (Ohio) 4 $100,000 $90,000
Turner Foundation (Atlanta) $45,000 $45,000
Robert A. Welch Foundation (Houston) 3 $50,000 $45,000
Joseph B. Whitehead Foundation (Atlanta) $150,000 $250,000
Robert W. Woodruff Foundation (Atlanta) $100,000 $300,000
Note: Foundations listed in this table provided specific figures for the median size of their grants; the other 43 surveyed by The Chronicle did not provide such figures. Unless otherwise noted, figures cover fiscal years ending December 31.
n/a: Not available.
1. Fiscal year ends October 31.
2. Fiscal year ends June 30.
3. Fiscal year ends August 31.
4. Fiscal year ends September 30.
5. Fiscal year ends November 30.
6. Fiscal year ends April 30.
7. Figures are for the fiscal years ending February 28, 2001, and February 28, 2002.
8. Fiscal year ends June 30. The figure for fiscal year 2001 excludes presidential discretionary grants, which amounted to 9 percent of all approved grants during the fiscal year and had a median value of $25,000.
9. Fiscal year ends May 31.
10. Figures are for the fiscal years ending March 31, 2001, and March 31, 2002.
THE NATION’S 10 WEALTHIEST FOUNDATIONS
2001 assets Percentage change from 2000
1. Bill & Melinda Gates Foundation $23,299,544,119 + 10.3%
2. Lilly Endowment * $12,626,153,000 – 17.2%
3. Ford Foundation $11,310,262,000 – 20.4%
4. Robert Wood Johnson Foundation $8,850,561,262 + 0.6%
5. David and Lucile Packard Foundation $6,200,000,000 – 36.7%
6. William and Flora Hewlett Foundation $5,943,495,000 + 51.2%
7. W.K. Kellogg Foundation $5,484,469,005 + 9.3%
8. Pew Charitable Trusts $4,338,580,605 – 9.6%
9. John D. and Catherine T. MacArthur Foundation $4,200,000,000 – 6.7%
10. Andrew W. Mellon Foundation $4,033,000,000 – 15.1%
Note: Unless otherwise noted, assets are as of December 31, 2001, and changes are based on assets as of December 31, 2000.
* 2000 and 2001 assets are from the foundation’s filing with the federal Securities and Exchange Commission and include only the value of stock held in Eli Lilly and Company. The fiscal 2000 informational tax return listed total assets of $15,591,737,808.
HOW MUCH FOUNDATIONS SPENT ON PROGRAM-RELATED INVESTMENTS
2001 2000
The Paul G. Allen Charitable Foundations (Seattle) $225,000 $545,000
Claude Worthington Benedum Foundation (Pittsburgh) $250,000 0
Otto Bremer Foundation (St. Paul) $4,341,000 $4,769,445
Danforth Foundation (St. Louis) 1 $2,000,000 0
Jessie Ball duPont Fund (Jacksonville, Fla.) 2 $202,400 $206,400
Dyson Foundation (Millbrook, N.Y.) $100,000 $100,000
El Pomar Foundation (Colorado Springs) $3,000,000 $3,557,661
Ford Foundation (New York) 3 $12,320,000 $14,275,000
Hall Family Foundation (Kansas City, Mo.) $250 0
F.B. Heron Foundation (New York) $2,087,500 $2,600,000
Conrad N. Hilton Foundation (Reno, Nev.) 4 $500,000 $2,000,000
John D. and Catherine T. MacArthur Foundation (Chicago) $10,000,000 $6,500,000
McCune Foundation (Pittsburgh) 3 $2,000,000 $350,000
Meadows Foundation (Dallas) $2,840,740 $3,782,660
Noyce Foundation (Palo Alto, Calif.) $60,000 $60,000
David and Lucile Packard Foundation (Los Altos, Calif.) $35,641,000 $27,390,000
Rockefeller Foundation (New York) $1,000,000 0
Note: Foundations listed above provided specific figures on their program-related investments in response to a Chronicle survey. Program-related investments come in many forms, including low-interest loans and guarantees. Unless otherwise noted, figures cover fiscal years ending December 31.
1. Fiscal year ends May 31.
2. Fiscal year ends October 31.
3. Fiscal year ends September 30.
4. Figures are for the fiscal years ending February 28, 2002, and February 28, 2001.

ALSO SEE:

2002 Foundation Giving Survey

Foundation Assets Sag

Cutbacks Take Toll on Programs to Improve Charity Operations

How The Chronicle‘s 2002 Foundation Survey Was Compiled