The Nation’s 10 Wealthiest Private Foundations

August 26, 1999 | Read Time: 1 minute

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		Assets	Estimated 1999 giving	Year established
1	Bill & Melinda Gates Foundation (Seattle)	$17.1-billion ¹	$500-million	1994
2	David and Lucile Packard Foundation (Los Altos, Cal.)	$13.0-billion¹	$440-million	1964
3	Ford Foundation (New York)	$11.4-billion ¹	$550-million	1936
4	Lilly Endowment (Indianapolis)	$11.1-billion ¹	$500-million	1937
5	Robert Wood Johnson Foundation (Princeton, N.J.)	$8.1-billion ²	$440-million	1936
6	W.K. Kellogg Foundation (Battle Creek, Mich.)	$6.2-billion ²	$221-million	1930
7	Pew Charitable Trusts (Philadelphia)	$4.8-billion ²	$230-million	1948
8	John D. and Catherine T. MacArthur Foundation (Chicago)	$4.2-billion ¹	$168-million	1978
9	Andrew W. Mellon Foundation (New York)	$3.54-billion ³	$153-million	1969
10	Rockefeller Foundation (New York)	$3.50-billion ²	$175-million	1913
1. As of August 16, 1999. 2. As of July 31, 1999. 3. As of June 30, 1999.
Note: Figures for Lilly are based on 173 million shares of stock that the fund holds in Eli Lilly and Company; those shares make up about 96 per cent of the fund’s endowment.