Foundation Trends

September 9, 1999 | Read Time: 3 minutes

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Foundation Yearbook Reports Big Gains in Giving, Assets

One-Year Changes
	1996	1997
All foundations
Foundations	41,588	44,146
Total grants	$13,836,000,000	$15,985,000,000
Total assets	$267,581,000,000	$329,910,000,000
Gifts received	$16,019,000,000	$15,833,000,000
	1996	1997
Independent foundations
Foundations	36,885	39,248
Total grants	$10,714,000,000	$12,375,000,000
Total assets	$226,574,000,000	$282,618,000,000
Gifts received	$11,374,000,000	$11,013,000,000
	1996	1997
Corporate foundations
Foundations	1,969	2,029
Total grants	$1,835,000,000	$2,066,000,000
Total assets	$9,459,000,000	$10,887,000,000
Gifts received	$2,150,000,000	$1,872,000,000
	1996	1997
Community foundations
Foundations	411	403
Total grants	$951,000,000	$1,192,000,000
Total assets	$15,858,000,000	$19,700,000,000
Gifts received	$1,829,000,000	$2,224,000,000

Effect of Inflation on Foundation Assets, 1982-97

Effect of Inflation on Foundation Assets, 1982-1997

Note: 1986 figures were not available.

Effect of Inflation on Foundation Grants, 1982-97

Effect of Inflation on Foundation Grants, 1982-1997

Note: 1986 figures were not available.

Number of Grant-Making Foundations, 1982-97

Number of Grant-Making Foundations, 1982-1997

Note: 1986 figures were not available.

	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
New England	4,235	9.6%	$14,766,472,000	4.5%	$830,030,000	5.2%	$1,028,296,000	5.1%	$827,735,000	5.2%
Connecticut	1,060	2.4%	$4,639,461,000	1.4%	$240,809,000	1.5%	$338,319,000	1.7%	$275,853,000	1.7%
Maine	286	0.6%	$377,443,000	0.1%	$36,714,000	0.2%	$28,337,000	0.1%	$22,128,000	0.1%
Massachusetts	2,256	5.1%	$7,438,569,000	2.3%	$400,460,000	2.5%	$502,456,000	2.5%	$404,147,000	2.5%
New Hampshire	219	0.5%	$708,696,000	0.2%	$43,936,000	0.3%	$47,480,000	0.2%	$33,404,000	0.2%
Rhode Island	254	0.6%	$1,328,923,000	0.4%	$56,241,000	0.4%	$94,093,000	0.5%	$80,798,000	0.5%
Vermont	160	0.4%	$273,381,000	0.1%	$51,870,000	0.3%	$17,611,000	0.1%	$11,405,000	0.1%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
Middle Atlantic	10,605	24.0%	$95,472,419,000	28.9%	$3,821,583,000	24.1%	$6,059,490,000	30.2%	$4,944,222,000	30.9%
New Jersey	1,367	3.1%	$12,028,130,000	3.6%	$380,877,000	2.4%	$750,902,000	3.7%	$578,287,000	3.6%
New York	6,454	14.6%	$60,868,617,000	18.5%	$2,683,045,000	16.9%	$3,977,255,000	19.8%	$3,237,288,000	20.3%
Pennsylvania	2,784	6.3%	$22,575,672,000	6.8%	$757,661,000	4.8%	$1,331,333,000	6.6%	$1,128,647,000	7.1%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
East North Central	8,321	18.8%	$64,544,287,000	19.6%	$2,640,671,000	16.7%	$3,635,461,000	18.1%	$2,966,649,000	18.6%
Illinois	2,696	6.1%	$17,434,914,000	5.3%	$620,988,000	3.9%	$1,156,426,000	5.8%	$872,438,000	5.5%
Indiana	928	2.1%	$14,642,502,000	4.4%	$253,288,000	1.6%	$487,238,000	2.4%	$420,346,000	2.6%
Michigan	1,375	3.1%	$19,082,602,000	5.8%	$634,201,000	4.0%	$1,070,150,000	5.3%	$892,517,000	5.6%
Ohio	2,196	5.0%	$10,178,280,000	3.1%	$921,232,000	5.8%	$660,159,000	3.3%	$562,180,000	3.5%
Wisconsin	1,126	2.6%	$3,205,988,000	1.0%	$210,962,000	1.3%	$261,489,000	1.3%	$219,167,000	1.4%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
West North Central	3,489	7.9%	$18,974,198,000	5.8%	$1,090,576,000	6.9%	$1,380,779,000	6.9%	$1,145,940,000	7.2%
Iowa	673	1.5%	$1,337,695,000	0.4%	$161,088,000	1.0%	$97,393,000	0.5%	$81,731,000	0.5%
Kansas	511	1.2%	$1,208,245,000	0.4%	$71,207,000	0.4%	$98,748,000	0.5%	$83,975,000	0.5%
Minnesota	860	1.9%	$7,998,198,000	2.4%	$346,532,000	2.2%	$540,981,000	2.7%	$466,211,000	2.9%
Missouri	955	2.2%	$6,849,022,000	2.1%	$333,846,000	2.1%	$486,748,000	2.4%	$376,757,000	2.4%
Nebraska	325	0.7%	$1,299,405,000	0.4%	$102,579,000	0.6%	$113,518,000	0.6%	$99,156,000	0.6%
North Dakota	79	0.2%	$80,199,000	0.0%	$28,826,000	0.2%	$28,744,000	0.1%	$26,968,000	0.2%
South Dakota	86	0.2%	$201,433,000	0.1%	$46,497,000	0.3%	$14,647,000	0.1%	$11,142,000	0.1%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
South Atlantic	6,106	13.8%	$42,615,792,000	12.9%	$2,183,897,000	13.8%	$2,583,751,000	12.9%	$2,040,885,000	12.8%
Delaware	202	0.5%	$2,046,374,000	0.6%	$48,058,000	0.3%	$101,666,000	0.5%	$87,576,000	0.5%
District of Columbia	314	0.7%	$3,802,028,000	1.2%	$109,866,000	0.7%	$296,610,000	1.5%	$192,673,000	1.2%
Florida	1,842	4.2%	$7,761,443,000	2.4%	$492,416,000	3.1%	$559,193,000	2.8%	$425,076,000	2.7%
Georgia	805	1.8%	$9,893,383,000	3.0%	$242,643,000	1.5%	$382,703,000	1.9%	$333,522,000	2.1%
Maryland	846	1.9%	$6,535,807,000	2.0%	$661,193,000	4.2%	$384,139,000	1.9%	$316,819,000	2.0%
North Carolina	793	1.8%	$6,962,238,000	2.1%	$307,772,000	1.9%	$387,081,000	1.9%	$318,184,000	2.0%
South Carolina	253	0.6%	$775,331,000	0.2%	$42,069,000	0.3%	$52,605,000	0.3%	$42,834,000	0.3%
Virginia	885	2.0%	$4,345,705,000	1.3%	$271,381,000	1.7%	$391,562,000	2.0%	$301,222,000	1.9%
West Virginia	166	0.4%	$493,484,000	0.1%	$8,501,000	0.1%	$28,193,000	0.1%	$22,980,000	0.1%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
East South Central	1,416	3.2%	$5,786,156,000	1.8%	$325,258,000	2.1%	$357,094,000	1.8%	$288,868,000	1.8%
Alabama	411	0.9%	$1,222,846,000	0.4%	$85,212,000	0.5%	$85,077,000	0.4%	$68,814,000	0.4%
Kentucky	393	0.9 %	$1,207,119,000	0.4%	$52,266,000	0.3%	$75,346,000	0.4%	$57,919,000	0.4%
Mississippi	149	0.3%	$336,616,000	0.1%	$40,017,000	0.3%	$32,569,000	0.2%	$23,007,000	0.1%
Tennessee	463	1.0%	$3,019,575,000	0.9%	$147,763,000	0.9%	$164,103,000	0.8%	$139,127,000	0.9%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
West South Central	3,052	6.9%	$24,242,696,000	7.3%	$832,468,000	5.3%	$1,480,023,000	7.4%	$1,159,112,000	7.3%
Arkansas	183	0.4%	$895,055,000	0.3%	$52,377,000	0.3%	$132,803,000	0.7%	$121,043,000	0.8%
Louisiana	278	0.6%	$967,761,000	0.3%	$64,072,000	0.4%	$55,444,000	0.3%	$40,733,000	0.3%
Oklahoma	410	0.9%	$5,133,422,000	1.6%	$145,523,000	0.9%	$228,577,000	1.1%	$162,808,000	1.0%
Texas	2,181	4.9%	$17,246,458,000	5.2%	$570,496,000	3.6%	$1,063,200,000	5.3%	$834,528,000	5.2%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
Mountain	1,903	4.3%	$9,971,905,000	3.0%	$1,110,667,000	7.0%	$613,063,000	3.1%	$490,423,000	3.1%
Arizona	341	0.8%	$1,201,463,000	0.4%	$79,313,000	0.5%	$84,329,000	0.4%	$61,200,000	0.4%
Colorado	610	1.4%	$3,136,586,000	1.0%	$204,122,000	1.3%	$214,797,000	1.1%	$169,472,000	1.1%
Idaho	138	0.3%	$1,249,722,000	0.4%	$654,174,000	4.1%	$20,942,000	0.1%	$17,683,000	0.1%
Montana	130	0.3%	$170,298,000	0.1%	$7,031,000	0.0%	$11,449,000	0.1%	$8,410,000	0.1%
Nevada	218	0.5%	$1,407,929,000	0.4%	$66,410,000	0.4%	$130,399,000	0.7%	$117,098,000	0.7%
New Mexico	119	0.3%	$771,995,000	0.2%	$12,066,000	0.1%	$49,677,000	0.2%	$31,613,000	0.2%
Utah	239	0.5%	$1,620,154,000	0.5%	$67,755,000	0.4%	$79,426,000	0.4%	$68,156,000	0.4%
Wyoming	108	0.2%	$413,758,000	0.1%	$19,797,000	0.1%	$22,044,000	0.1%	$16,791,000	0.1%
	Number of foundations		Assets		Gifts received		Expenditures		Total grants
	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent	Amount	Per cent
Pacific	5,012	11.4%	$53,502,575,000	16.2%	$2,996,077,000	18.9%	$2,907,755,000	14.5%	$2,119,109,000	13.3%
Alaska	43	0.1%	$44,591,000	0.0%	$7,632,000	0.0%	$6,885,000	0.0%	$4,337,000	0.0%
California	3,646	8.3%	$46,752,854,000	14.2%	$2,659,798,000	16.8%	$2,430,126,000	12.1%	$1,754,106,000	11.0%
Hawaii	191	0.4%	$1,214,827,000	0.4%	$22,064,000	0.1%	$71,245,000	0.4%	$41,283,000	0.3%
Oregon	373	0.8%	$1,985,731,000	0.6%	$142,919,000	0.9%	$127,059,000	0.6%	$101,979,000	0.6%
Washington	759	1.7%	$23,504,573,000	1.1%	$163,663,000	1.0%	$272,441,000	1.4%	$217,403,000	1.4%

	Foundation	1996 grants	1997 grants	Percentage change
1.	Ford Foundation (N.Y.)	$332,412,000	$390,559,000	+17.5%
2.	W.K. Kellogg Foundation (Mich.)	$255,260,000	$308,461,000	+20.8%
3.	Lilly Endowment (Ind.)	$168,323,000	$254,113,000	+51.0%
4.	Robert Wood Johnson Foundation (N.J.)	$229,275,000	$241,544,000	+5.4%
5.	Pew Charitable Trusts (Pa.)	$175,059,000	$211,880,000	+21.0%
6.	David and Lucile Packard Foundation (Cal.)	$102,779,000	$173,074,000	+68.4%
7.	John D. and Catherine T. MacArthur Foundation (Ill.)	$137,291,000	$156,977,000	+14.3%
8.	Andrew W. Mellon Foundation (N.Y.)	$113,698,000	$118,541,000	+4.3%
9.	Annenberg Foundation (Pa.)	$97,190,000	$105,218,000	+8.3%
10.	Rockefeller Foundation (N.Y.)	$85,050,000	$99,263,000	+16.7%
	Foundation	1996 grants	1997 grants	Percentage change
11.	Open Society Institute (N.Y.)	$94,535,000	$96,842,000	+2.4%
12.	New York Community Trust	$83,863,000	$87,804,000	+4.7%
13.	Annie E. Casey Foundation (Md.)	$71,314,000	$81,730,000	+14.6%
14.	Charles Stewart Mott Foundation (Mich.)	$66,930,000	$77,539,000	+15.9%
15.	McKnight Foundation (Minn.)	$68,339,000	$76,198,000	+11.5%
16.	Starr Foundation (N.Y.)	$51,630,000	$74,932,000	+45.1%
17.	Kresge Foundation (Mich.)	$77,145,000	$72,160,000	-6.5%
18.	California Endowment	$57,990,000	$68,550,000	+18.2%
19.	Carnegie Corporation of New York	$60,453,000	$68,316,000	+13.0%
20.	Greater Kansas City Community Foundation (Mo.)	$32,027,000	$66,789,000	+108.5%