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.
-
Foundation SurveyA 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. -
NewsAssets 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 SurveyBut 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 SurveySome foundations are bucking the trend of working on a single issue and instead enlisting community coalitions to focus on pressing problems.
-
Foundation SurveyWearing goofy disguises, the philanthropist appeared with Jimmy Fallon to call attention to his foundation’s annual message.
-
Foundation SurveyFoundation 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 SurveyFoundations are looking for nonprofits that can make social services more cost-effective and efficient.
-
Foundation SurveyThe annual report on grant makers analyzed financial data from 195 of the wealthiest grant makers in America.
