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.
Hort Innovation develops venture fund to back startup solutions.Fund was created in partnership with impact investment firm, Artesian, and includes a A$60mn investment through Frontiers.The Hort...more
Fraserburgh entrepreneur celebrated with honorary degree from University of Stirling.Stanley Morrice became an influential figure in both the retail and wholesale sectors.He was recognised for his...more
Highland charities to be offered inspiration to boost income at major Inverness networking event hosted by Social Enterprise Scotland.The Eden Court Theatre meet-up is designed to give leaders of...more
The Creme de la Creme of the local business community gathered for the prestigious Cheshire Business Awards.This year's theme was Hollywood Glamour with special "star guests" including Laurel &...more
Entrepreneurs have appealed to the government to lift the ban on Facebook.They said Facebook is a crucial platform for their online operations.The ban, imposed in 2021, has crippled the livelihoods...more
Jeju United (hereinafter referred to as Jeju club) won the Minister of Employment and Labor Award to boost social enterprise growth.It co-promoted the hosting of the Korea Social Economy Expo in Jeju...more
Foundation: Changemakers
The three-day International Symposium invited over 60 experts, scholars, and business representatives from around the world to delve into how collaborative innovation can address complex social...more
ADB Approves $7.85 million Grant to Help Improve Fiscally Sustainable Growth in Samoa.ADB approves a $200 million loan to upgrade Sri Lanka's power sector infrastructure.Norway announced it will...more
The Adirondack Foundation will award $1000 for up to 30 community events this winter.The Kindling Awards are open to nominations from anybody for a community event that brings people together, and...more
AAACU donates $10K to Bay View Park courts project.The project would replace the old courts with a new tennis, pickleball, and basketball complex, complete with new LED lights.The total cost estimate...more
New News from...
Rockefeller Foundation
Central Valley Community Foundation
Rush County Community Foundation
Arlington Community Foundation
Community Foundation for Southeast Michigan
Santa Fe Community Foundation
Grand Rapids Community Foundation
Northern Chautauqua Community Foundation
Northern New York Community Foundation
Google.org
Social Entrepreneurship
Spotlight
Childcare Charitable Group Named Top Social Enterprise
Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”