March 23, 2014 | Read Time: 2 minutes
A skyrocketing stock market helped boost the assets of the Gates, Hewlett, and other big foundations last year to their highest levels since the Great Recession gutted endowments six years ago, according to a new Chronicle survey.
Yet grant makers still aren’t as rich as they were before the downturn, and that’s putting a damper on their giving. What it’s not doing though: crimping ambitious new grant-making efforts to deal with vexing problems.
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Foundation SurveyFoundation Assets Reach Highest Level Since Downturn
A Chronicle survey of the wealthiest grant makers finds that assets are still at least 16 percent lower than in 2007, but that hasn’t put a crimp on ambitious new programs to deal with issues like climate change, cybersecurity, and income inequality. -
News
Foundation Assets Reach Highest Level Since Downturn
Assets are at least 16 percent lower than in 2007, the year before the Great Recession gutted endowments, and grant making is down 6.5 percent. -
Foundation SurveySome Foundations Get Savvier About Aid to War Veterans
But navigating the thousands of groups is challenging, in part because of a lack of research on what works and because too many projects are ineffective. -
Foundation Survey
Foundations Support More Local Groups Working in Tandem
Some foundations are bucking the trend of working on a single issue and instead enlisting community coalitions to focus on pressing problems. -
Foundation SurveyBill Gates Takes Antipoverty Crusade to the Comedy Circuit
Wearing goofy disguises, the philanthropist appeared with Jimmy Fallon to call attention to his foundation’s annual message. -
Foundation Survey
‘Collective Impact’ to Solve Problems Gets New Attention
Foundation leaders at the annual conference of Grantmakers for Effective Organizations focused on ways government, schools, businesses, and nonprofits can work together on a shared vision. -
Foundation Survey
Push Ideas That Work: Advice for Grant Seekers
Foundations are looking for nonprofits that can make social services more cost-effective and efficient. -
Foundation Survey
How The Chronicle’s Foundation Study Was Conducted
The annual report on grant makers analyzed financial data from 195 of the wealthiest grant makers in America.