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The Nation’s 10 Wealthiest Foundations

March 4, 2004 | Read Time: 1 minute

2003 assets Percentage change from 2002
Bill & Melinda Gates Foundation (Seattle) $26,810,508,062 + 11.33%
Lilly Endowment (Indianapolis)1 10,830,820,000 + 7.73
Ford Foundation (New York) 10,603,912,000 + 9.32
Robert Wood Johnson Foundation (Princeton, N.J.) 7,800,000,000 – 2.73
W.K. Kellogg Foundation (Battle Creek, Mich.) 6,259,000,000 + 10.66
David and Lucile Packard Foundation (Los Altos, Calif.) 5,983,443,000 + 24.81
William and Flora Hewlett Foundation (Menlo Park, Calif.) 5,975,044,000 + 16.15
Gordon E. and Betty I. Moore Foundation (San Francisco) 4,850,786,130 + 5,097.85
John D. and Catherine T. MacArthur Foundation (Chicago) 4,500,000,000 + 17.29
Pew Charitable Trusts (Philadelphia)2 4,100,000,000 + 7.46
Note: Assets are as of December 31, 2003, and changes are based on assets as of December 31, 2002.
1 The asset figure for 2003 is based on holdings of Eli Lilly and Company stock, as listed in the foundation’s federal Securities and Exchange Commission filing.
2 Organization has gained IRS approval to convert to charity status.


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