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Only nonprofit foundations are included in this list. Organizations that are part of a larger company are excluded, such as holding companies. The entries are ordered by the size of the organization's financial endowment. [1]
The endowment totaled $78.8 million, as of June 30, NFA Foundation Executive Director Kathy McCarthy told corporators and trustees Thursday at Slater Auditorium.
The foundation was created in 1917 by Rotary International's sixth president, Arch C. Klumph, as an endowment fund for Rotary "to do good in the world." It has grown from an initial contribution of US $26.50 to more than US $1 billion. It has one of the largest and most prestigious international fellowship programs in the world.
Engraving of Harvard College by Paul Revere, 1767. Harvard University's endowment was valued at $53.2 billion as of 2021. [1]A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. [2]
It has an endowment of $6.3 billion and provides approximately $270 million annually in grants and impact investments. It is best known for the annual MacArthur Fellows Program, often dubbed "genius grants", which makes $625,000 no-strings-attached awards annually to about two dozen creative individuals in diverse fields. [45]
A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities.
Many non-profit organizations solicit funds for a financial endowment, which is a sum of money that is invested to generate an annual return. Although endowments may be created when a sizable gift is received from an individual or family , often as directed in a will upon the death of a family member, they are more typically the result of many ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 24 November 2024. American philanthropic organization Robert Wood Johnson Foundation Abbreviation RWJF Founded 1936 Founder Robert Wood Johnson II Purpose Improving the health and well-being of all in America Location Princeton, New Jersey, U.S. Area served National Method Grantmaking and social change ...
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