Foundation Grants
Community Vital Signs
About Us
For decades, the stock market has been a reliable source of income for the nation's philanthropic foundations.
But as the bull market comes to an end, many are asking the same question: "What happens to philanthropic foundations in a bear market?" Bloomberg reports that an estimated $235 billion, or 17%, of US foundations' assets fell in the first half of 2022 thanks to hiring money managers instead of investing in low-cost, stock market index funds, and socking away hundreds of millions of dollars into hedge funds whose managers charge substantially more in fees.
And many of their grantees,from prestigious university professors to small soup kitchens, will soon feel the squeeze.
The long bull market has allowed foundations to engage in more risky investments, too, socking away hundreds of millions of dollars into hedge funds whose managers charge substantially more in fees.
Those decisions may also end up in significant losses to the endowment interest that foundations use to pay their grantees.
The Chronicle of Philanthropy reports that many liberal foundations, including the Ford, Omidyar, and Hewlett-Packard Foundations, are already supporting projects to undo what they see as capitalism's harmful effects.
For example, the Ford Foundation has been investing in affordable housing, financial inclusion, quality jobs, and health tech, according to...
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
Tunnel to Towers Foundation was founded by a family who lost their brother, a firefighter, on September 11, 2001.The Foundation has a number of programs that serve Gold Star families, veterans, first...more
Ratan Tata died at a Mumbai hospital late on October 9, 2024.The chairman emeritus of the Tata Group was 86.PM Modi wrote that Tata's absence was deeply felt across every segment of the society.He...more
Modern Floors & Walls CEO crowned 'Mentor of the Youth' at Ghana Philanthropy Awards 2024.Basil David Anthony Foundation has made remarkable strides in empowering young Ghanaians and Africans.He...more
The Prince of Wales has defined his role as heir to the throne.He said he wants to carry out his duties with a "smaller r in the royal" The future king said what mattered to him was "impact...more
Financial technology company, SystemSpecs has highlighted the gains of transformational leadership and innovation at the 11th African Bible Leadership Initiative (ABLI) Conference, in Abuja,...more
The Youth Climate Innovation (YCI) Programme is a transformative initiative by the Climate Technology Centre & Network.It aims to empower young innovators from developing regions, including Africa,...more
Africa is witnessing a transformative wave of impact investing and entrepreneurship, driven by innovative founders and supportive investors who believe in the continent's potential.The narrative of...more
Celebrating Scotland's change makers: Social Enterprise Awards Scotland 2024 winners announced.The coveted Social Enterprise of the Year 2024 award was presented to Isle of Gigha Heritage Trust.The...more
The healthcare industry is experiencing a major transformation as digital advancements improve patient care, streamline processes, and make services more accessible than ever.EHRs create seamless...more
Giovanna Vitelli won the 2024 EY Entrepreneur of the Year Award.She is the Chair of the Azimut|Benetti Group.The award represents recognition for the results obtained by the entire Group, she...more
New News from...
Gates Foundation
San Francisco Foundation
Community Foundation of Northeast Iowa
Winneshiek County Community Foundation
Community Foundation of Greater Fort Wayne
Marshall County Community Foundation
Community Foundation for Southeast Michigan
South Dakota Community Foundation
Arkansas Community Foundation
Texarkana Area Community Foundation
Social Entrepreneurship
Spotlight
Social Enterprises in Vietnam Now Get Legal Rights and Privileges
Vietnam’s Enterprise Law has been amended last November and now provides a legal definition of social enterprise. The law also grants social enterprises a number of rights. British Council Vietnam has played a vital role in supporting this amendment.