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Before 1910 the United States had 18 foundations, only one of which had an endowment in excess of $10 million. By 1980 the number of U.S. foundations stood at 22,000, and by 2002 that number had more than doubled to over 50,000.
More than one-quarter of all foundation assets are concentrated in the 25 largest foundations. Source: Encarta
Top Foundations by Asset Size
| 1. |
Bill
& Melinda Gates Foundation (WA) |
$26,810,518,000 | 12/31/03 |
| 2. |
Lilly
Endowment Inc. (IN) |
10,849,402,388 | 12/31/03 |
| 3. |
The
Ford Foundation (NY) |
10,015,612,595 | 09/30/03 |
| 4. |
J.
Paul Getty Trust (CA) |
9,100,188,385 | 06/30/03 |
| 5. |
The
Robert Wood Johnson Foundation (NJ) |
7,940,595,036 | 12/31/03 |
| 6. |
W.
K. Kellogg Foundation (MI) |
6,801,844,315 | 08/31/04 |
| 7. |
The
William and Flora Hewlett Foundation (CA) |
6,020,386,605 | 12/31/03 |
| 8. |
The
David and Lucile Packard Foundation (CA) |
5,982,468,233 | 12/31/03 |
| 9. |
Gordon
and Betty Moore Foundation (CA) |
4,846,115,373 | 12/31/03 |
| 10. |
The Andrew W. Mellon Foundation (NY) |
4,719,646,000 | 12/31/03 |
| 11. |
John
D. and Catherine T. MacArthur Foundation (IL) |
4,530,410,640 | 12/31/03 |
| 12. |
The
Pew Charitable Trusts (PA) |
4,118,768,408 | 12/31/03 |
| 13. |
The
Starr Foundation (NY) |
3,577,378,889 | 12/31/03 |
| 14. |
The
California Endowment (CA) |
3,572,425,281 | 02/29/04 |
| 15. |
The
Annie E. Casey Foundation (MD) |
3,106,521,250 | 12/31/03 |
| 16. |
The
Rockefeller Foundation (NY) |
3,026,669,399 | 12/31/03 |
| 17. |
The
Annenberg Foundation (PA) |
2,695,762,043 | 06/30/04 |
| 18. |
The
Kresge Foundation (MI) |
2,504,554,217 | 12/31/03 |
| 19. |
Robert
W. Woodruff Foundation, Inc. (GA) |
2,464,362,750 | 12/31/03 |
| 20. |
Charles
Stewart Mott Foundation (MI) |
2,376,107,542 | 12/31/03 |
| 21. |
The
Duke Endowment (NC) |
2,307,706,953 | 12/31/03 |
| 22. |
The
Harry and Jeanette Weinberg Foundation, Inc. (MD) |
1,986,757,564 | 02/29/04 |
| 23. |
The
McKnight Foundation (MN) |
1,914,001,428 | 12/31/03 |
| 24. |
John
S. and James L. Knight Foundation (FL) |
1,845,869,048 | 12/31/03 |
| 25. |
Carnegie
Corporation of New York (NY) |
1,824,314,932 | 09/30/03 |
Source: The Foundation Center
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