The List: Who’s Giving It Away
The new economy is creating a new philanthropy. The Ford Foundation, No. 1 for years, has yielded the top spot to the Gates Foundation (as in Microsoft), while the Packard Foundation (as in Hewlett-Packard) is close to becoming the second largest foundation.
|
Foundation/Location |
1999 Assets* |
Percent Change** |
|
Bill & Melinda Gates Foundation/Seattle |
$21.8 |
+1,010.6% |
|
Ford Foundation/ |
13.1 |
+20.2 |
|
Packard Foundation/Lost Altos, CA |
13.0 |
+35.4 |
|
Lily Endowment/Indianapolis |
11.2 |
-27.2 |
|
Robert Wood Johnson Foundation/Princeton, NJ |
8.3 |
+6.9 |
|
W.K. Kellogg Foundation/Battle Creek, MI |
5.7 |
-5.6 |
|
Pew Charitable Trusts/Philadelphia |
4.9 |
+3.5 |
|
MacArthur Foundation/Chicago |
4.5 |
+9.8 |
|
Andrew W. Mellon Foundation/ |
4.0 |
+22.4 |
|
Rockefeller Foundation/ |
3.8 |
+14.6 |
*in Billions ** from 1998
Data: The Chronicle of Philanthropy