|Last Quarterly Update:||1/2/2017|
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Organizations in this industry manage endowments and award grants to a variety of recipients; some endow a single entity, such as a museum or university. Major organizations include the Ford Foundation, the Bill & Melinda Gates Foundation, the J Paul Getty Trust, the William and Flora Hewlett Foundation, and the Robert Wood Johnson Foundation, all based in the US, as well as the Children's Investment Fund Foundation (the UK), the Sulaiman Bin Abdul-Aziz Al Rajhi Endowments (Saudi Arabia), the Li Ka Shing foundation (Hong Kong), and the Carlos Slim Foundation (Mexico).
The world's largest foundations operate in multiple countries, but most organizations in the industry focus on their home regions. Over the past decade, foundations around the world have awarded more than 3.6 million grants totaling more than $250 billion, according to The Foundation Center.
The grantmaking foundations industry in the US includes more than 87,000 organizations that award about $55 billion a year and manage about $800 billion in combined assets, according to The Foundation Center.
Demand is driven by a wide range of local, regional, and national problems that impact public policy, civic life, social justice, and various economic, political, and cultural issues. The profitability of individual foundations depends on effective fundraising and strategic investments. Large foundations have advantages in broad donor support and geographic reach, as well as significant investment income. Small foundations can compete effectively by offering ...
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