Private Foundations and Charitable Trusts, 1991
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Private Foundations and Charitable Trusts, 1991
Data Release
or 1991, private foundations and charitable trusts
reported $24.9 billion in total revenues and $10.3
F billion in contributions, gifts, and grants paid out,
increases from 1990 of 26 percent and 14 percent, respectively. Private foundations are generally larger in terms of
asset size and more numerous than charitable trusts. The
41,348 private foundations accounted for 98 percent of the
combined total of $192.6 billion in assets (based on fair
market value) for foundations and charitable trusts, while
the 2,662 charitable trusts accounted for the remainder.
A private foundation is a nonprofit, tax-exempt organization that is narrowly supported and controlled, usually
by an individual, family, or corporation. A charitable trust
filing under Internal Revenue Code section 4947(a)(1) is
also nonprofit, but is not tax-exempt and is typically supported and controlled by an individual or family. Both
private foundations and charitable trusts are required to
file an annual information return, Form 990-PF, Return of
Private Foundation (or Section 4947(a)(1) Charitable
Trust Treated as a Private Foundation).
PdvaWoundadons
Total private foundation revenues increased by over 26
percent from $19.5 billion for 1990 to $24.6billion for 1991
[1]. The growth in revenues was largely due to net gains
(less losses) from sales of assets, which increased to $8.5
billion, more than double the amount reported for 1990.
Other major sources of revenues -- receipts from contributions, gifts, and grants; and dividends and interest from
securities -- each grew about 5 percent from 1990 levels to
$7. 1 billion and $6.7 billion, respectively. Charitable
contributions, gifts, and grants paid increased by over 14
percent to $10.1 billion (as reported on a cash basis in
Table 1).
Total assets (based on fair market value) grew by 15
percentto $189.6 billion for 1991 comparedto 1990. The
largest component of total assets, investments in securities, increased by more than 10 percent to $139.4 billion.
More than 65 percent of these investments were in corporate stock, which continued to dominate total investments
in securities just as they had in previous years. The
remaining 35 percent was in government obligations and
corporate bonds. Investments in government obligations
fell by more than 4 percent to $3 1. 1 billion, while corporate
bond investments grew to $17.4 billion, an increase of
nearly 21 percent. (Table I also presents book values for
these same asset accounts.)
This data release was written by Sarah E. Nutter, an economist
with the Foreign Returns Analysis Section, under the direction of
MichaelAlexander, Chief Foreign Special Projects Section.
SwVon4%7(a)(1)Chwftab1eTrusts
Charitable trusts, as defined under Internal Revenue Code
section 4947(a)(1), reported nearly $3.0 billion in total
assets for 199 1, an increase of nearly 8 percent from 1990.
Investments in securities, nearly 68 percent of total assets,
grew slightly from $1.9 billion to $2.0 billion. This increase
was due to a 17-percent growth in the fair market value of
corporate stock, which increased to $1.3 billion for 199 1.
The increase in corporate stock, which reflected both new
acquisitions (reduced by dispositions) and net increases in
the fair market value of previous acquisitions, was partially
offset by decreases in the value of corporate bonds and
government obligations, which fell slightly to $0.3 billion
and $0.4 billion, respectively. Charitable contributions,
gifts, and grants paid, grew by more than 4 percent to $0.2
billion for 1991 (as reported on a cash basis in Table 2).
Total revenues grew somewhat for 199 1, to $280.4
million, a 4-percent increase from 1990. Like private foundations, the largest amount of growth was due to net gains
(less losses) from sales of assets, which increased nearly
89 percent to $73.7 million. Unlike private foundations,
dividends and interest from securities were the primary
source of revenues, nearly $117.0 million for 199 1. Receipts from contributions, gifts, and grants made up a
relatively small portion of the revenues for charitable
trusts, about 14 percent, for 199 1.
DabSourm and Umftathms
Tables I and 3 provide information for Reporting Year 1991
for private foundations, while Tables 2 and 4 provide
similar data for charitable trusts. The statistics are based
on a sample of Reporting Year 1991 Forms 990-PF that were
filed with the Internal Revenue Service. The IRS required
organizations with accounting periods beginning in 1991
(and therefore ending between December 1991 and
November 1992) to file a 1991 Form 990-PF. Some part-year
returns were included in the sample for organizations that
changed their accounting periods, or filed initial or final
returns. Approximately 61 percent of the foundations and
55 percent of charitable trusts had full-year accounting
periods covering Calendar Year 1991 or part-year accounting periods that ended in December 199 1. Additionally, 60
percent of total foundation assets and 57 percent of total
trust assets were for the calendar-year accounting period.
Therefore, the majority of the financial activity reflected in
the statistics was associated with Calendar Year 199 1.
The 1991 sample was stratified based on both the size
of book value of total assets and the type of organization
(either a private foundation or a charitable trust). Foundation returns were selected at rates that ranged from approximately 5 percent (for the more numerous but very
141
"
Private Foundations and Charitable Trusts, 1991
small asset-size returns) to 100 p6rcent (for the relatively
few.returns with large amounts of assets). Charitable- trust
returns were selected at rates that ranged from 29 to 100
percent. The 5,574 returns in the 1991 sample (4,699
foundations and 875 trusts) were drawn -from the estimat~d
1 .
population totals shown in Tables I through 4.
The population from whicMhe 1991 sample was drawn
consisted of Form.990-PF records posted to the IRS
Business Master File during 1991 and .1992., Some of the
records&signated were for organizations that were.
deeme d inactive or terminated. Inactive and terminated
organizations are not reflected in the estimates.: For the
small number of active, large foundations whose returns
for the 1991 Reporting Year were not yet filed or were
otherwise unavailable'for the statistics; data were estimated using other returns having similar characteristics.
For the unavailable active trust returns, which were smaller
in size than those for foundations, pni~or-y;ear data were in
most instances'us6d as a substitute.
The data presented were obtained -from returns as
-originally filed. The-datA-wer6-subjected-to"comp~rehe-nsiV-e-testing -and correction- procedures in order to ensure statistical reliability and validity. In most case's, changes
made to the original return~as a result of.administrativ,e.processing, audit procedures,. or araxpayeranlendment
were not incorporated-intQ the-data-base.
Explanation ofSelected Terms
Charitable Trust.--This type of organization, also referred
to as a "nonexempt" charitable trust, was defined in
Internal Revenue Code section 4947(a)(1) as an organization (1) that is not considered tax-exempt under section
501 (a); (2) that has exclusively charitable interests; and (3)
for which donors are allowed to claim a tax deduction for
charitable contributions. Nonexempt charitable trusts that
are not publicly supported are subject to the excise tax
provisions for private foundations and are required to file a
Form 990-PF. ("Publicly supported" nonexempt charitable
trusts are required to file Form 990, Return of Organization
Exempt From Income Tax [2].) Nonexempt charitable trusts
must pay an annual tax on income (usually from investments) that is not distributed for charitable purposes, and
they must report such income and tax on Form 104 1, U.S.
Fiduciary Income Tax Return.
Distributable Amount.--This was the minimum payout
amount that was required to be distributed by the end of
the year following the year for which the return was filed in
order to avoid an excise tax for failure to distribute income
currently. The distributable amount was computed as 5
percent of "net investment assets," called the "minimum
investment return," minus taxes on both "net investment
142
income" and "unrelated business income," plus or minus
other adjustments, either allowed or required.
Excess Distributions Carryover.--The excess distributions carryover equaled the excess of "qualifying distributions" for 1991 over the "distributable amount." "Excess".
amounts from the current year could be carried forward to
be applied to the distributable amount for the following 5
years.
Minimum Investment Returh.---This was the aggregate
fair market val de, of assets not used for charitable purposes, less both the indebtedness incurred to acquire them
and cash held for charitable activities, multiplied by 5
percent. The minimum -investment return was used as the '
base for calculating the "distributable amount."
Nonoperating Foundibtions (and Section 4947(a)(1)
Charitable Trusts).--Nonoperating foundations and trusts
generally:catried on-their charitable activities in an indirect
manner by making grants to other organizations directly
engaged in charitable activities, in contrast to those
(operating) foundations and trusts engaged-in-charitableactivities, themselves. However, some nonoperating , , foundations and trusts were actively involved in-charitable,
programs of their own, in addition to making grants to
other organizations. Nonoperating foundations and trusts
were subject to an excise tax (and-possi-ble-a-dditionalpenaltieg) for fdilure to distribute an annual minimum
amount for charitable purposes within a required time
period.
Operating Foundations (and Section 4947(a)(1)
Charitable Trusts).--These organizations generally expended their income for direct, active involvement in a taxexempt activity, such as operating a library or museum, or
conducting scientific research. Operating foundations and
trusts were excepted from the income distribution requirement and related excise taxes that were applicable to their
nonoperating counterparts, To qualify as an operating
foundation or trust for a particular taxable year, the private
foundation or trust had to meet both an "income test" and
one of three other tests: an "assets test," an "endowment
test," or a "support test." (The tests are described below
with reference to private foundations but apply in the same
manner to the charitable trusts.)
To meet the income test, a private foundation had to
spend at least 85 percent of the lesser of its "adjusted net
income" or "minimum investment return" on the direct,
active conduct of tax-exempt, charitable activities (as
opposed to the payout of grants in support of such programs). The assets test was met if 65 percent or more of
the foundation's assets were directly used for the active
conduct of charitable activities. The endowment test was
met if the foundation normally made distributions for the
Private Foundations and Charitable Trusts, 1991
active conduct of charitable activities in an amount not
less than two-thirds of its "minimum investment return."
The support test was met if the foundation normally
received substantially all of its support (other than from
"gross investment income") from the public or from five or
more qualifying exempt organizations, and (a) no more
than 25 percent of its support (other than from "gross
investment income") was normally received from any one
such qualifying exempt organization; and (b) no more than
half of its support was normally received from gross
investment income.
Private Foundation.--This type of organization is
defined in Internal Revenue Code section 501 (c)(3) as a
nonprofit corporation, association, or trust with a narrow
source of funds that operated or supported social, educational, scientific, charitable, religious, or other programs
dedicated to improving the general welfare of society. A
private foundation is: (1) not a church, school, hospital, or
medical research organization; (2) not an organization with
broad public support in the form of contributions or
income from tax-exempt activities; (3) not an organization
that was operated by, or in connection with, any of the
above described organizations; and (4) not an organization
that conducted tests for public safety. The primary difference between a private foundation and a public charity
was the sources of each type of organization's funding. A
foundation usually receives its funds from an individual,
family, or corporation, while a public charity receives its
funds primarily from a large number of sources within the
general public.
Qualifying Distributions.--Qualifying distributions
included disbursements for charitable purposes; amounts
paid to acquire assets used directly to accomplish taxexempt functions; charitable program-related investments;
and amounts set aside for future charitable projects.
Qualifying distributions could be credited against the
foundation's or trust's obligation to pay out its "distributable amount."
Undistributed Income.--Undistributed income was the
portion of the required "distributable amount' ' still undistributed after applying against it the sum of current-year
qualifying distributions and any excess distributions
carryover from prior years.
NotesandRefemnees
M For more information on private foundations and
charitable trusts for 1990, see Meckstroth, Alicia,
"Private Foundations and Charitable Trusts, 1990,"
Statistics ofIncome Bulletin, Winter 1993-94, Volume
13,Number3.
M For more information on charities and other tax-exempt
organizations, see Hilgert, Cecelia, "Charities and
OtherTax-Exempt Organizations, 1990," Statistics of
Income Bulletin, Fall 1994, Volume 14, Number 2.
143
Private Foundations and Charitable Trusis, 1991
Table 1.-All Private Foundations: Number and Selected Financial Data, by Type of Foundation and Size
of Fair Market Value of Total Assets
JAJI figures are estimates based on samples--money amounts are in thousands of dollars)
Selected sources of revenue
Type of foundation, size of fair
market value of total assets
Number of
returns
Total revenue
Numberof
Contributions. gifts
and-gnsts received
Dividends and interest
from securities
Net gain less loss)
from sale ; of assets
returns
Amount
Numberof
returns
Amount
Number of
returns
Amount
Number of
returns
Anxwnt
(1)
(2)
(3)
(4)
(5)
(6)
V)
(8)
(9)
41,348
40,341
734
14.106
15,413
8,152
1,079
403
228
226
24,610,028
47,961
478,973
1,451.145
3.943.851
2.367.163,
1,759,553
1,994,811
12,566.572
18,999
374
8,028
6,531
3,290
437
160
98
82
7,141,936
25,927
228
5,346
11,201
7,306
1,012
387
222
224
6,692,371
15.060
13,303
190,032
970,117
616,216
547,478
625,285
3,714,880
16,107
*107
1,978
6,462
5,873
89D
372
207
218
8.5W,912
942
14,823
15.479
8,167
1,079
403
228
226
37,870
36,970
22,738,815
16,597
290
6,832
5,983
2,860
344
-134
85
68
6,446,135
19,718
398,233
974,228
1,684,894
9",586
-597,820705,712
1,120,945
24,657
228
5,066
6,237,615
15,060
12,688
185,695
917,952
6%,613
517,430
5W,716
3.441.461
15,281
*107
1,874
6.271
5,513
780
345
192
200
8,152,921
'7,038
13,221
81,276
512,160
401,551
334,983
428.604
6~374,088
2,401
'83
1,195
1,270
429
93
26
13
14
695,802
-3,306
26,622
63,945284,479
84,548
26,915
45,772
160,215
ALL FOUNDATIONS
Zero or unreported .......................................
$1 under $100,000....... ...............................
$100,000 under $1,000,000 .........................
$1,000,000 under $10.000,000....................
$10,000,000 under $25,000,000 .................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000 ................
$100,000,000 or more..................................
23,023
424,855
1,038,173
1,969.373
1,029,134
624,736
751,484
1,281,160
13,918
86.286
528,733
432,705
357,579
4,57,087
6,650,565
Nonoperating foundations
Total................................... ..................
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1.000,000.........................
$1,000,000 under $10,000.000....................
$10,000,000 under $25.000.000 ..................
$25,000,000 under $50,000,000 ..................
-$501000.()Wun~$100,660,000
.
.
....
$100.000.000 or more..................................
817
13,161
14,587
7,564
949
374
211
20B
630
44,617
12,506
445,702
14,537
1,365,098
7,556
3,487,643
949
2,124,491
-374- -1,641,119211
1,851,619
208
11,778,527
6,844
901
-361207
207
Operating foundations
Total .................. .................... .. .. ........
Zero or unreported..................... .................
$1 under $100,000.......................................
$100,000 under $1,0W.000.... . ..................
--$I-,(=-,0(5iYdn-cfe-i-$i-0,6bi~OW....................
$10,000,000 under $25,000,000..................
$25,ODO,000 under $50.000,000..................
$50,000.000 under $100,000,000................
$100,000,000 or more..................................
GRANTMAKAG FOUNDATIONS
Total .................................... ........... .......
Zero or unreported.......................................
$1 under $100,000 .......................................
$100,000 under $1.000,000 .........................
$1,000,OW under $10,OW,OW....................
$10.000,000 under $25,000,000..................
$25,000,000 under $50,ODO,000..................
$50,000,000 under $1MOW=................
$100,000,000 or more..................................
3,478
*125
1,663
892
604
130
29
17
is
3,371
*1 D4
1,600
34,461
526
10,757
13,882
7,497
986
383
215
215
34,242
505
10,559
13,882
7,497
986
383
215
215
23,178,129
46,201
406.151
1.296,102
3,559,468
2,153,811
1,666.971
1,747,217
12,302,209
15,059
228
5,752
5,524
2A85
368
141
88
73
6,326,989
21,284
366,755
921,624
1,752,277
935,251
604.167
567,324
1,158,308
24,026
207
4,491
10,748
6,848
937
369
211
~214
6,494,599
15,200
8,435,794
15,0%
10,996
187,390
924,106
583,333
526,374
589,449
3.657,900
*107
1.728
6216
5571
816
355
198
208
'7.038
12.694
76,214
513,113
414,265
344.904
446,319
6,621.248
6,187,060
15,052
10,531
183,413
903.791
558.111
514,930
572,804
3.428.428
14,788
*107
1,687
6,083
'5,418
762
343
190
199
8,133,217
'7,038
12,662
74,603
508.211
394,794
334,735
427,090
6,374,084
307,539
-
412
-
3,977
20,315
25,221
11,444
16,645
229,472
*1 34
153
54
12
a
9
302,578
*32
*1,611
4,902
19,471
10,168
19,229
247,164
597
130
29
17
18
1,871,213
33.270
- -86,047456.208
242,672
118,434
143,192
788,045
:281
3V
463
ill
.26
is
17
454,756
614
52,165
49.603
30,048
44.569
273.419
825
-.104-192
360
110
27
15
18
380.991
6975,010
16,573
31,154
22,597
28,483
276,477
Grantmaidng-nonoperating foundations
1441
Total.......................................... . .............
32,923
32,726
22,167,091
14,158
6,021,762
23,382
Zero or unreported.......................................
$1 under$100.000 .......................................
$100,000 under $1,000,000 .........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000................
$100,000,000 or more ..................................
Grantmaldng-operatlng foundations
464
9,991
13,500
7,258
928
371
206
206
443
9,814
13,500
7258
928
371
206
206
44,081
391,341
1,258,866
3,319.028
2,072,370
1.627,656
1.698,798
11,754,950
*166
5,270
5,387
2,719
335
132,
83
66
-19,198
353,621
895,605
1,560,140
914,192
597,453
564,374
1.117.179
207
4.335
10,523
6,666
883
3Zi9
203
205
Total.......................................... ..............
1.537
1516
1,011,038
901
305,228
w
745
382
239
58
12
9
9
*2,119
14,810
37,236
240.440
81,441
39.314
48.419
547,259
*62
482
137
166
33
9
5
7
*2,085
13,135
26,020
192,137
21,059
6,714
2,950
41,129
*156
225
1 82
-54
10
8
9,
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1,000,000 .........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000.000 ..................
$25.ODO,000 under $50,000,000 ..................
$50,000,000 under $100,000,000 ................
$100,000,000 or more.................................
Footnotes at end of table.
766
382
239
58
12
9
9
Private Foundations and Charitable Trusts, 1991
Table I.--All Private Foundations: Number and Selected Financial Data, by Type of Foundation and Size
of Fair Market Value of Total Assets--Continued
[All figures are estimates based on samples-money amounts are in thousands of dollars)
Excess of
Type of foundation, size of fair
Total expenses
market value of total assets
Disbursements
revenue (less loss)
Net investment income
overe penses,
Number of
for
exempt wposes
returns
Amount
Number of
returns
Amount
Number of
returns
Amount
Number of
returns
Amount
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
Total........................................................
40,267
13,172,916
40,447
796
14,071
15,312
8,152
1,078
403
228
226
104.756
491,158
1,144.312
2,662,698
1,402,599
1,069,430
I,D03,794
5.294,170
630
14,362
15,362
8,157
1,079
403
227
226
11,437,111
-56,795
-12,186
306,833
1,281,153
964,564
690,123
991,017
7,272,401
36,114
422
10,972
14,805
7,997
1,073
397
223
225
13,243,743
Zero or unreported.......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
$1.000,000 under $10,000,000....................
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000................
$100,000,000 or rnore..................................
38,104
609
12,721
14,804
8,043
1,074
403
225
225
11,714,917
99,766
458,573
1,080,468
2,361,338
1,261,674
959,984
867,957
4,625,157
Total.........................................................
Zero or unreported.......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000..................
$50,000,000 under $100,000,000................
$100,000,000 or more ..................................
Operating foundations
36,890
692
12,471
14.437
7,549
948
374
211
208
12,044,503
101,473
462.086
1.072,414
2,267,315
1,230,452
983,162
909,521
5,018,080
37,086
10,694,311
-56,856
-16,384
292,684
1,220,328
894.039
657,956
942,098
6,760,447
33,519
401
9,902
14,054
7,436
946
368
206
207
12,312,125
547
12,741
14,504
7,554
949
374
210
208
35,094
526
11.315
14,036
7,482
947
374
208
207
10,818,386
96,656
436,066
1,018,207
2,024,201
1,122,323
895.610
810,317
4,415,006
Total...................................... . .................
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1,000,000 ........................
$1,000,000 under $10,000,000 ....................
$10,000,OW under $25,000,000..................
$25,000,000 under $50,000.000..................
$50,000,DOO under $100,000,000................
$1 00,000,ODO or more ..................................
3,378
1,128,413
3,361
742,800
2,595
*104
1,600
876
604
130
29
17
18
*3,283
29,072
71,898
395,383
172,147
86,268
94,273
276,090
'83
1,621
859
604
130
29
17
18
*61
4,198
14,149
60,824
70,525
32,167
48,920
511,955
3,010
.83
1,070
751
562
127
29
17
18
931,618
'34
2,324
26,007
88,497
98,645
60,911
76,519
578,681
1,406
768
562
127
29
17
is
896,631
-3,110
22.507
62,261
337,136
139,351
64,374
57,641
210,151
Total .........................................................
Zero or unreported.......................................
$1 under $100,000.......................................
$100,000 under $1,000,000.........................
$1,000.000 under $10,000,000....................
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000................
$100,000,000 or more..................................
Grantmaking-nonoperating foundations
34,461
12,456,102
34,242
10,722,026
32,077
12,894,049
34,461
11,237,442
526
10,757
13,882
7,497
986
383
215
215
102,715
434,757
1,093,313
2,443,287
1,280,428
988,598
927,827
5,185,178
422
10,712
13.815
7,495
986
383
214
215
-56,514
.28,606
202,789
11, 116,181
873,383
678,373
819,389
7,117.031
339
8,8T7
13,633
7,440
984
378
211
215
23,452
37,9a5
423.735
1.769,152
1,202,952
1,020,444
1,136,808
7,279,521
526
10,757
13.882
7,497
986
383
215
215
98,358
429,172
1,048,291
2,214,296
1,166,000
9DO,245
838,770
4,542,309
Total.........................................................
32,923
464
9,991
13,500
7,258
928
371
206
206
11,852,157
100,647
421,989
1.050.429
2,206,572
1,216,564
964,487
894,848
4,996,620
32,725
380
9,946
13,433
7,256
928
371
205
206
10,314,933
-56,566
-30,648
208,437
1,112,456,
855,805
663,169
803,950
6,758,330
30,T79
318
8,281
13.271
7,208
927
366
202
206
12,248,679
32,923
10,729,095
23.418
37,028
405,365
1,729,572
1,159,795
991,481
1.101.991
6,800,031
464
9,991
13.500
7,258
928
371
206
206
96,458
416,521
1,008,981
1,995,647
1,112,943
883,430
809,487
4,405,627
1,537
.62
603,946
407,M
1,298
645,370
1,537
766
382
239
58
12
9
9
12,768
42,884
236,714
63,864
24,111
32,979
188,558
1,516
'42
766
382
239
58
12
9
9
596
362
232
57
12
9
9
'34
957
18,370
39,580
43,158
28.963
34,817
479,491
'62
766
382
239
58
12
9
9
508,347
-1,899
12,652
39,310
218,649
53,057
16,815
29.2B3
136,682
ALL FOUNDATIONS
23,490
43,102
447,200
1,840,371
1,274,040
1.055.128
1,181,074
7,379,338
Nonopersting foundations
23,456
40,T78
421.193
1,751,875
1,175,395
994,217
1,104.555
6,800,657
GRANTMAKING FOUNDATIONS
Zero or unreported.......................................
$1 under $100,000 .......................................
$100,000 under $1,000.000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000..................
$25,000,000 under $50,000,000..................
$50,000,000 under $100,000,000................
$100,GOO,000 or more ..................................
Grantmaking-operating foundations
Total.........................................................
Zero or unreported .......................................
$1 under $100.000.......................................
$100,000 under $1,000,000 .........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,ODO..................
$25,000,000 under $50,000,000..................
$50,ODO,000 under $100.000,000 ................
$100,000,000 or more .................................. .
Footnotes at end of table.
'52
2,042
-5,648
3,725
17,577
115,2134
15,440
358,701
1
145
Private Foundations and Charitable Trusts,1991
Table 1.-All Private Foundations: Nu mber and Selectedfinancial Data, by Type of Foundation and Size
of Fair Market Value of Total Assets-Co'ntinued'
'
[All figures are estimates based on samples-money amounts are in thousands of dollars]
Contritiullons,
Type of foundation, size of fair
market value of total assets
Excise tax on
gifts, and
grants paid
Number of
Total
net investment income
Domestic organization2
Foreign organizations
Total assets (book value)
Number of
returns
Amount
returns
Amount
Number of
returns
Amount
Number of
returns
Amount
(18)
(19)
(20)
-(21)
(22)
(23)
(24)
(25)
(26)
34,461
110,1146,2117
97,319
405.795
990.499
2,059,661
1 067,682
814,699
749,487
3,961,145
1170,623
241
669
6,985
26,907
.18,700
14,794
16,658
85,669
34,620
169,609
so
1,014
40,464
526
10,757
13,882
7,497
986
383
215
215
356
10.096
14,607
7,757
1.015
373
211
206
241
668
6,985
26,857
18.699
14.762
16A37
84,759
1
3
3
7
-.1
*50
1
31
22
910
*58
14,823
15,479
8,167
1,079
403
228
226
M,354,628
*6,747
474,027
5,074.631
20,909,232
13,342,736
11,087,128
12,616,839
81,873.289
32,923
464
9,991
13,500
7258
928
371
-206
206
9,941,981
95,497
396,918
977,339
1,917,028
i.055,288
809,279
020
3,946,611
166,384
241
632
6,513
25,991
17,825
14.540
15,849
84,793
3Z637
165,371
47
37,111
131,942,788
335
9247
13,979
7,374
941
362
199
200
241
632
6,613
25,942
17,824
-14.5bg15,827
83,883
*33
1
3
3
7
*50
1
-31
22
910
13,161
14,587
7,564,
949
-374-~
211
~08
-6,747
424,826
4,757.M
9,236,701
11 1,811,027
-10,279 22211,642,398
'
73,784,021
Total ............... ........................ ...............
1,537
204,306
.4,239
1,983
.1
3,353
13,441,840
*62
766
382
236
58
12
9
9
-1,822
8,876
13,159,
142,634
12,394
5,419
5,467
14,534
4!238
.1
*3
Zero or unreported .......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
-$1000 000'under$10000'000..$1~,000,000
'
und., $2;,;;~,GW
$25,000,000 under $50,000,000..................
$50,000,WO under $1 00,000,OW ................
$100,000,000 or more ...................................
36
472
915
875
253
809
877
849
-627383
74
11
12
6
*1
1,663
892
604
13D
29
17
18
-- 49-201
316,784
1,67ZS31
1 =,709
807,906
974,441
.8,089,269
34,461
526
10,757
13,8112
7,497
986
383
215
215
14146,287
167,487
31,210
166,510
138,112,515
241
578
6.543
26,084
18,026
14,598
16,116
85,300
294
8,388
.13,475
7,323
960
.365
202
203
241
578
6.543
26.034
18,025
14,567
16,106
84,415
977
-
33,972
97,319
405,795
990.499
2,059,661
1,067,682
814,699
749.487
3,961,145
*37
10,757
13,882
7,497
986
383
215
215
-6.696
390,611
4,577,791
19,132,936
12,227,634
10.530,564
11,781,654
79,464.629
32,923
464
9.991
13,500
7,258
928
371
206
206
9,941,981
95,497
396,918
977.339
1,917,028
1,055,288
809,279
744,020
3,946,611
165,2118
240
566
6,211
25,570
17,575
1.41485
15.792
84,768
30,251
273
7.938
13,213
7,147
923
360
196
200
164,231
32,497
129,788,256
91991
13,500
7,258
928
371
206
206
*6,696
366,441
4.416,738
18,512,610
11,550,533
10,198,?M
11,291,559
73,445,424
1,537
204,306
-1,822
8,876
13,159
142,634
12,394
5,419
5.467
14,534
2,279
.1
959
2.279
.1
12
332
514
450
113
324
533
450
262
175
37
5
6
3
12
332
514
.450
113
1,475
766
382
239
58
12
9
9
8,324,259
24,170
161,053
620,326
677,100
332.308
49D,095
6,019.205
ALL FOUNDATIONS
Total ....................................................
Zero or unreported
$100,000.......................................
.......................................
$1 under
$100.000 under $1,000,000 ........................
$1,000,0DO under $10,000,000....................
$10,000,000 under $25,000,000 .................
$25,000,000 under $50,000,000..................
$50,000,000 under $100,000,000................
$100,000,000 or more ..................................
Nonoperating foundations
Total .................................. ......... ...........
Zero or unreported .......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000............
......
$100,000,000 or more..................................
Operating foundations
36
-472-915
.875
253
809
877
GRANTMAKING FOUNDATIONS
Total...................................................
7-*
Zero or unreported.......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000..................
$25,000.000 under $50.000,000..................
$50,000,000 under $100,000,000................
$100,000,000 or more...................... ..... !
Grantmailking-nonoperating foundations
Total .................................
Zero or unreported.......................................
$1 under $100,000 .......................................
$100.000 under $1.000.000.........................
$1,000,000 under $10,000,000....................
$10,000,ODO under $25,000,000..................
$25,000,000 under $50,000,000..................
$50,000,000 under $100,000,000 ................
$100,000,000 or more ..................................
240
sw
6,211
25.521
17,iiM
14,454
15,782
83,883
45
-*33
1
3
2
6
1
31
10
885
977
-
1
31
10
885
Grantmaking-operating foundations
Total........................................................
Zero or unreported .......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,WO..................
$25,000,000 under $50,000,000..................
$50,000,000 under $1 00,0KOW...........
$100,000,000 or more
Footnotes afend of table.
146
766
382
239
58
12
.9
9
533
Private Foundations and Charitable Trusts, 1991
Table 1.--All Private Foundations: Number and Selected Financial Data, by Type of Foundation and Size
of Fair Market Value of Total Assets--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Selected asset types
Type of foundation, size of fair
market value of total assets
Investments in securities lbook value
Governme obligations
Corporate stock
Total
Amount
Number of
returns
Amount
Co MP)
Number of
returns
(30)
(31)
(32)
(33)
(34)
12,198
29,420,818
19,224
68,902,986
*17
1,312
4,582
4.777
827
318
175
190
-2,507
32,612
707,218
4.889,662
3,322,952
2,829,472
2,976.466
14,659,930
*21
3,215
8,205
6,085
909
364
212
213
114,998
1,340,449
6,570,149
4,337,210
4,002,972
4,993,114
37,544,077
10,323
813
4,188
3,948
713
310
165
186
16,729,586
19,142
544,719
2,400,040
1,742.697
1,663,184
1,699.109
8,660,695
97,145,334
-2,523
160,588
2,521,230
13,162,529
8,674,096
8,076,533
9,047,899
55,499,936
11,585
*17
1,225
4,495
4,482
730
298
164
173
26,517,918
-2,507
31,724
685,551
4,635,176
3,035,796
2,684.389
2,769,458
12,673,318
18,233
*21
3,045
7,892
5,724
817
342
197
195
54,991,353
91790
15,636,063
109,722
1.304,764
6,287,271
4,046,216
3,804.363
4,15W,040
34,758,960
813
4,047
3,682
632
291
154
171
19,142
530.915
2,240.082
1,592,085
1,587,782
1,598,400
8,067.658
7,908,057
6,164
71,155
697,322
728.763
419.095
620,791
5,364,766
613
'87
'87
294
97
20
11
17
2,9M,900
991
170
313
361
92
22
is
Is
3,911,633
5,276
35,685
282.878
290,994
198.609
313.074
2,785,117
533
-
1,093,523
-
266
81
19
11
15
-13,804
159,958
150,613
75,402
100,709
593,037
22,047
'37
3,797
9,830
6,651
943
371
208
210
101,621,582
11,452
28,488,269
9,803
16,252,411
1,121
4,392
4,501
765
305
169
182
-2,507
29,837
696,099
4,626,105
3,M,798
2,724,977
2,830,451
14,432.495
17,889
*21
2,817
7,726
5,73D
842
349
202
203
56,880,903
-2,523
155,451
2,491,521
13,166,535
8,901,481
8,225,216
9,187,412
59,491,443
107,627
1,273,160
6,245,124
4,115,316
3,892,476
4,716,170
36,531,014
726
4,051
3,736
656
295
158
180
17,987
522,263
2,295,305
1,640,367
1,607,764
1,640,791
8,527,934
21,441
'37
3,644
9,626
6,482
889
361
200
201
96,260,230
11,163
26,329,391
17,369
54,364,163
-2,523
149.894
2,433,421
12,925,654
8,504,812
8,028,674
8,898,081
55.317,171
*17
1,076
4,325
4,399
714
296
163
173
-2,507
29,2BO
675,702
4,566,916
2.984,376
2,647,721
2,749,572
12.673,318
*21
2,689
7,555
5,576
800
340
194
194
*17
102,627
1,243,573
6,133,863
3,955,219
3,796,790
4.555,879
34,576.196
9,556
726
3,963
3,636
617
290
152
171
16,566,676
17,987
514.146
2,224,875
1,565,217
1,584,163
1,592,631
8,067,658
606
5,361,352
5,557
58.100
240,881
396,669
196.542
288
*45
.67
2,158,678
-
621
*128
171
153
42
9
2,516,740
*5.000
29,587
111.261
160,097
95,686
1,95
16 :818
291
40
247
685,734
Number of
returns
Amount
Number of
returns
(27)
(28)
(29)
23,816
105,053,3W
'37
4,402
10,450
7,0115
1,014
389
218
220
-2,523
166,752
2,592,385
13,859,851
9,402,859
8,495.628
9,668,689
60,864,702
22,601
'37
4,167
10,067
6,653
908
364
203
202
1,215
bonds
Amount
ALL FOUNDATIONS
Total .........................................................
Zero or unreported.......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000 ..................
$25,000,OW under $50,ODO,000..................
$50,000,000 under $100,000,000................
$100,000,000 or more..................................
Nonoperating foundations
Total.........................................................
Zero or unreported.......................................
$1 under $1100,000 .......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000..................
$25,000,000 under $50,000,000..................
$50,000,000 under $100,000,000 ................
$100,000,000 or more..................................
Operating foundations
Total...................................... . .................
Zero or unreported .......................................
$1 under $100.000.......................................
$100,000 under $1,000,000 .........................
$11,000.000 under $10,000,ODO....................
$10.000,000 under $25,000,000 ..................
$25,000.000 under $50,DDO.000..................
$50,000,000 under $100,000,000 ................
$100,000,030 or more ..................................
236
383
432
106
25
is
18
'8W
'21,667
254,485
287,156
145,083
207,008
1,986,613
GRANTMAKJNG FOUNDATIONS
Total ........................... .......... . .................
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,ODO....................
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,GW under $1D0,000,D00................
$1 00,000,ODO or more..................................
Grantmaking-nonoperating foundations
Total........................................................
Zero or unreported.......................................
$1 under $100.000.......................................
$100,000 under $1,0D0,GW.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000..................
$50,000,000 under $100,000,000 ................
$100,000,000 or more ..................................
Grantmaking-operating foundations
Total .........................................................
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1,000,000.........................
$1,ODO,000 under $10.DDO,000....................
$10,000,OOD under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100
s, ,000,.0 or
r.
Footnotes at end of table.
152
204
168
54
10
4, 12874272
9:33'
51
9
-2D,396
'59,189
161,422
77,256
1,78590:7~
1
:
I
W
100
39
5
70,431
75,150
23,601
4.0
48:2'60
77
1
147
Private Foundations and Charitable Trusts,. 1991
Table 1.-All Private Foundations: Number and Selected Financial Data, by Type of Foundation and Size
of Fair Market Value of Total Assets--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Total assets
Type of foundation, size of fair
Selected asset types
(fair market valuej
market value of total assets
Investments in securities (fair market v lue)
Government obligations
Corp~
orate stock
Total
Number of
returns
(35)
40,406
14,823
15,479
8,167
1,079
403
228
226
Amount
Number of
returns
Amount
Number of
returns
(36)
(37)
(38)
(39)
189,571,401
451,747
5,651,617
25,051,539
16.677,101
. 13,859,754
15,651,882
112,227.760
23,696
4,348
10.436
7,071
1,014
389
218
220
139,387,608
143,390
3.070.106
17,461,021
12.340.359
10.817,555
12,309,970
83,245,208
37,053
173,257,850
13,161
402.040
14,587
5,314,531
7,564
22,952,555
949
14,796,269
374_
12,833,066
211
14,535,213
208
102,424,177
22,498
3,353
1,663
__892_
604
130
29
17
18
Amount
Number of
returns
(40)
(41)
12,148
1,295
4,565
4,Tf7
828
318
175
190
31,088,414
32.645
742.525
5,208,752
3,552,839
2,968,760
3,167,914
15,414979
130,519,709
11,535
28,109,758
4,113
10,070
6,639
908
_364203
202
137.120
2,987,226
16,543,476
11,435,715
10,322,791
11,610,650
77.482.732
16,313,550
49.707
--337,087
2.098,984
1,880,832
1,026.688
1,116,670
-9,803.583
1,198
-
8,867,899
613
*6.271
87
--82,880 --,-87
917,545
294
904.644
97
494,764
20
699.320
11
5,762,476
17
2,978,667
996
--22,518'
274,520
304,957,
152,571
213.309
2,009,787
974
-
33,935
10,757
13,882
7,497
986
383
215
215
180,809,787
-21,944
368,476
5,133,627
22.832,753
15,341,902
13,142Ml
14,752,337
109,238.362
3,742
9,833
6.637
943
371
208
210
135,36%056
132,523
2,969,874
16.587.181
11,7i 1,098
10,468.431
11,798,119
81,698,830
11,419
1,105
4,391
4,501
766
WS
169
182
30,090,1180
29,828
731,367
4,925,422
3,366,755
2,845,432
3,015,284
15.176,092
32,460
9,991
13,500
7,258
928
371
206
206
170,858,444
344.308
4,960,740
.22.066552
14,498,099
12,723,398
14.179.767
102,085,580
21,338
3,590
9,629
6,468
889
361
200
201
129,517,887
127,020
2,900,166
16.258,795
11,229,483
10,246,230
11,456,226
.77,299,968
11,130
1,475
766
382
239
58
12
9'
9
9,951,343
-
Corpora a bonds
Amount
Number of
returns
Amount
(42)
~(43)
(44)
19,120
3,161
8,192
6,071
908
363
212
213
90,866,798
93,351
1,769,417
9,705,175
6,936,329
6,068,111
7,370,699
58,923,716
10,297
813
4,188
3,924
712
309
165
186
17,432,396
17.394
558,163
2,547,095
1,851.192
1,780,6841,771,356
8,906,513
18,146
86,100,005
9,765
16,309,946
1,209
31.649
2,991
88,077
4;478
720,008
7.896
1,723,399
4,482
4,934,232
5,710
9,230,310
731
3,247,882
816
6,493,678
-298- -2;816-189 --341- -7-5,804,123
164
2,954,605
197
6,989,743
173
13,405.192 ,
195
55,770,677
813,
4,047
3,659
63 1
290
154
171
17,394
543,819
2,378.934
1,694,155
1,702.479
1,666,301
8,306,864
ALL FOUNDATIONS
Total ................. . ......................................
Zero or unreported........................ :..............
$1 under $100,000.......................................
$100,000 under $1,000,000 .........................
$1,000.000 under $10,000,000....................
$10,000,000 under $25,000,000.1 ................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000 ................
$1 MGM= or more ..................................
Nonoperating foundations
Total.........................................................
Zero or unreported .......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000.000 under $25,000,000..................
$25,OM,000 under $50,000,OW..................
_$50-,000,000 under $100,000,000................
$100,000,000 or more ..................................
Operating foundations
Total.........................................................
Zero or unreported.......................................
$1 under $100,000 .......................................
$100,000 under $1.000,000.........................
$10,000,000 ....................
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000.: ..............
$100,000,000 or more ..................................
-sTbooodouncler
4,766,793
-5,275
_4f~,_
01 9
474.865
442,651
263,988
380,956
3,153,039
533
-
1,122,450
-
*141
266
81
19
1
1
15
14,344
;68 160
157:037
78.205
105055
599:649
17,786
2,763
7,713
5,716
841
348
202
203
88,342,606
86,474
1,703,014
9.226.199
6,600,132
5.900.407
7,072,432
57,753,949
9,777
726
4,051
3,713
655
294
158
180
16,933,270
16,222
535,493
2,435,560
1,744,210
1,722.592
1,710,403
8,768.789
1,060
4,324
4,399
. 715
296
163
173
27,899,627
29,166
710,080
4,863,158
3,194,377
2.764,435
2,933,220
13,405,192
117~265
2,635
7.542
5,562
799
339
194
194
85,380,065
81.633
1,663,372
9,032,629
6,368.963
5,783,055
6,862,501
55,587,912
9,530
726
3,963
3,613
616
289
152
171
16,238,195
I
16,222
526,714
2,363,008
1,666,143
1,698,741
1,660,504
8,306,864
5,1348,169~
288
2,190,553
521
2,962,541
247
695,075
5 .503
6 7 8
32 3 6
5
.398.862
481.
222%01
9'.
893
4
610
45
-662
'21287
62:264
172,379
80,998
82,063
1,770,901
153
42
9
8
9
*4,841
*39,642
193,570
231,169
117,352
209.931
2,166,036
88
100
39
5
6
9
8,780
72,552
78,067
23,851
49,899461,925
GRANTMAKJNG FOUNDATIONS
Total ........ ; .................................................
Zero or unreported .......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000 .........................
$1,000,000 under $10,000,000 .......... :
$10,000,000 under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000.000 ................
$100,000,000 or more ..................................
Grantmaking-nonoperating foundations
Total...............................................
Zero or unreported.......................................
$1 under $100,W0 .......................................
$100,000 under $1,000,000.........................
$1.000,000 under $10,000,000 ....................
$10,000,GOO under $25,000,000 ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000................
$100,000,000 or more ..................................
Grantmaking-operating foundations
Total .........................................................
148
Zero or unreported .......................................
$1 under $100,000 .......................................
$100,000 under $1,000,000 .........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000..................
$25,000,000 under $50,000,000..................
$50,000,000 under $100,!!,000
.....
$100,000,000 or more .....
Footnotes at end of table.
24.168
72.887
~66,201
843.804
418,932,
572,570
..'.7,152.7821
152
204"
168
54
10
8
9
102
51
9
6
9
Private Foundations and Charitable Trusts, 1991
Table 1.-All Private Foundations: Number and Selected Financial Data, by Type of Foundation and Size
of Fair Market Value of Total Assets--Continued
[All figures are estimates based on samples-money amounts are in thousands of dollars]
Type of foundation. size of fair
Not worth
Minimum Investment return
Distributable amount
market value of total assets
Number of
returns
Amount
Number of
returns
Amount
Number of
returns
Amount
(45)
(46)
(47)
(48)
(49)
(50)
Total........... . ......................... . .................
Zero or unreported .......................................
$1 under $100,000 .......................................
$100,000 under $1,000,ODO.........................
$1.000,000 under $10,000,000....................
$10,000,000 under $25,000,ODO ..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000................
$100,000,000 or more ..................................
Nonoperating foundations
40,520
*1 21
14,823
15,479
8,160
1,079
403
228
226
139,220,100
*5.699
443,885
4.898,042
20,268.585
12,986,184
10,706,144
12,301,321
77,610,240
39,024
439
13,212
15,338
8,109
1076
402
224
223
7,727,768
35,868
419
11,747
14,466
7,506
946
373
207
205
7,145,188
17,327
22,501
252,925
1,098,366
721,858
611,080
680.022
4.323,688
Total.... ......................... .........................
Zero or unreported .......................................
$1 under $100,000 .......................................
$10D.000 under $1,000,ODO.........................
$1,000,000 under $10,000,000....................
$10,000,DOO under $25,000,ODO..................
$25,000,000 under $50.ODO,000..................
$50,000,000 under $100,000,000................
$100,000,000 or more ..................................
37,125
*79
13,161
14,587
7,557
949
374
211
208
126,845,440
-5,735
398,396
4,599,927
18,748,350
11,536,534
9.971,926
11,424,979
70,159,593
36,011
419
11,872
14,483
7,506
947
373
207
205
7,220,857
17.327
20,632
241,528
1,032,930
667,251
576,772
644,260
4,020,157
35,868
419
11,747
14,466
7.506
946
373
207
205
7,145,188
3,394
lZ374,660
..36
506,911
1,663
892
604
130
29
17
18
45,490
298,115
1,520,235
1.449,651
734,218
876,342
7,450,646
3,014
1,341
855
604
129
29
17
18
1,869
11,397
65,437
54,607
34,308
35,763
303,531
WA
N/A
N/A
N/A
N/A
WA
N/A
N/A
N/A
WA
N/A
N/A
NIA
N/A
N/A
NIA
N/A
N/A
33,965
37
10,757
13,882
7,490
986
383
215
215
133,192,194
5,694
366,527
4,478,093
18,855.391
11.959,814
10,259,652
11,559.663
75,707,360
33,646
356
10,144
13,865
7,489
984
382
213
213
7,497,495
17,180
19,656
238,716
I,038,8D4
685,996
586,463
660,611
4,250.068
32,153
335
9,399
13,466
7,250
925
370
204
204
7,095,080
16,940
19,168
252,724
1.000,187
644,505
563,891
627,586
3,970,078
3Z490
*37
9,991
13,500
7,251
928
371
206
206
125,185,717
-5,694
343,749
4,326,600
18,282,493
11.296,387
9,957,145
11,138,894
69,834,756
3Z213
335
9.440
13,483
7,250
926
370
204
204
7,171,705
17,180
18,628
231,469
1,013,281
656,425
573,095
642,183
4,019,444
32,153
335
9,399
13.466
7,250
925
370
2D4
204
7,095,080
16,940
19,168
252,724
1,000.187
644,505
563,891
627,586
3,970,078
1,475
8,006,476
1,433
325,789
1,027
7.247
25,523
29,571
13.369
18,428
230,624
N/A
WA
NIA
N/A
N/A
N/A
N/A
N/A
N/A
NIA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
ALL FOUNDATIONS
17,087
21,255
264,334
1,019,508
655,081
567,514
629.617
3,970,792
17,087
21,255
264,334
1,019.508
655,081
567,514
629,617
3,970,792
Operating foundations
Total..................................... ................
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1,000,000.........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000..................
$25.000,000 under $50,000,000..................
$50,000,000 under $100,000,000................
$100,ODO,000 or more ..................................
GRANTMAKJNG FOUNDATIONS
Total........... ....... ....................... ..........
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1,000.000 .........................
$1,000,000 under $10,000,000 ....................
$10,000,000 under $25,000,000..................
$25,000,000 under $50.000,000..................
$50,000,000 under $100,000.000 ................
$100,000,000 or more ..................................
Grantmaking-nonoperating foundations
Total ..... .................................................
Zero or unreported .......................................
$1 under $100,000.......................................
$100,000 under $1,000,ODO .........................
$1,000,000 under $10,000,000 ....................
$10,000.000 under $25,000,000..................
$25,000,000 under $50,000,ODO..................
$50,000,000 under $100,000,000 ................
$100,000.ODO or more ..................................
Grantmaking-operating foundations
Total ............................... . ........................
Zero or unreported.......................................
$1 under $100,000.......................................
$100,000 under $1,000,000 .........................
$1,000,000 under $10,000,000....................
$10,000,000 under $25,000,000..................
$25,000,000 under $50,000,000 ..................
$50,000,000 under $100,000,000 ................
$100,000,000 or more..................................
Footnotes at end of table.
766
239
58
12
9
9
22,778
-151,493
572,898
663,427
302,508
420,769
5,872,604
703
382
239
58
12
9
9
1
149
Private Foundations and Charitable Trusts; 1991'
Table 1.--All Private Foundations: Number and Selected'Financial Data, by Type of Foundation and Size
of Fair Market Value of Total Assets-Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Type of foundation, size of fair
market value of total assets
Qualityring distributions
Undistributed income for 1991
Number of
Excess distribution s carryover.to 1992
Number of
rettims
Amount,
returns
Amount
Number of
returns
Amount
(51)
(52)
(53)
(54)
(55)
(56)
38,227
12,095,043
8,674
1,92A,671
28,232
14,024,011
609
12,742
,14,887
8,064
1,074
403
224
223
99,766
4601,695
1,092,316
2.434,242
1,327,408
995,969.
896,396
4,788,250
2,260
3,401
2,339
319
148
91
2,632
43,743
208,869
137,679
144,996,
190,569
1,196,124
592
10,245
11,125
5,196
626
224
117
107
3iB.176
1,314,021
2,610.421
4,16B,868
2,G45,576
1,222,420
861.794
1.482J34
35,169
526
11,335
14,086
7.489
947
374
207
205
10,910,108
96,656
436.722
1,028,408
2,045,398'
1,161,589
410,005
A48~4,411,982
8,674
1,9214,671
2,260
3,401
2,339
319
148
91
99
2,632.
43,743
208,869
137,679
144,996
-190,569
1,196,124
28,232
592
10,245
11,125
5.196
626
224
--117
107
14,024,011
318.1 i6
1,314,021
2,610,421
4,168,868
2,045 .576
1,222,420
861,7941.482,734
3,058
1,164,935,
N/A
1.406
801
576
-127
29
17
18
*3,110
23.974
63,908
388,844
---165,819
85,963
77,049
376.268
~N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
WA,
N/A
N/A
N/A
N/A
N/A
N/A
N/A.
N/A
34,458
526
10,757
13,882
7.497
.986
383
214
213
11,488,148
98,358
430,607
1,053,909
2,238,874
1.208,251
925,532
650,335
4,682,281,
6,790
1,909,249
1,062
2,809
2,252
315
147
89
99
1,572
39,519
203,081
136,382
143.188
1 E119,325
1,196,124
32,920
1 464
9,991
13,500
7,258
928
371
205
204
10,808,122.
96,458
417.125
1,014,059
2,014.495
1,147,037
897,825
818.518
4,402,603
6,790
~17
1.062
2,809
2,252
315
147
89
99
1,909,249
1,53i
62
.766
382
239
58
12
9
9
680,025
1,899
.13,481
39,850
224,378
61,214
27,767
31,818
279,678
N/A
ALL FOUNDATIONS
Total ...............................................
Zero or unreported ........................................
$1 under$100,000 ........................................
$100,000 under $1,000,000..........................
$1,000,000 under $10,000,000.....................
$10,000,000 under $25,000,000...................
$25,000,000 under $50,000,000 ...................
$50,000,000 under $100,000,000
$100,000,000 or more ...................................
Nonoperating foundations
Zero or unreported ................................. :
$1 under $100,000 ........................................
$100,000 under $1,000,000 ..........................
$ 1.000,000 under $10,000,000......................
$10,000,000 under $25,000.000..............1
$25,000,000 under $50,000,000 ...................
$50.000,000 under $100,000,000 .................
$100,000-,000 -m
or ore ...................................
Operating foundations
Zero or unreported ................................. ......
$1 under$100,000 ........................................
$100,000 under $1,000,000 ...........................
$1,000,000 under $10,000.000 .....................
,---$10,000,000 under $25,000,000..-............... .
$25,000,000 under $50,000,000 ...................
$50,000,DOO under $100,000,000.................
$100,000,000 or more ...................................
N/A
N/A
N/A
N/A
~N/AN/A
N/A'
N/A
N/A
GRANTMAKING FOUNDATIONS
Zero or unreported........................................
$1 under $100,000 ........................................
$100,000 under $1,000,000 ...........................
$1,000,000 under $10,000,000 .....................
$10,000,000 under $25,000,000 ...................
$25,000,000 under $50,000.000 ...................
$50,000,000 under $100,000,000.................
$100,000,000 or more ................................
26,023
447
8,887
10,629
5,006
610
222
116
106
13,600,821
315,852
1,237,664
2,533.299
3,983;663
1.985,722
1,208,923
861,628
1,474,070
1,572
39.519
203,081
136,382
143,188
189,325
1.196,124
26,023
447
8,887
10,629
5,006
610
222
116
106
13,600,821
315,852
1,237,664
2,533,299
3,983,663
1,9115,722
1,208.923
861,628
1,474,070
WA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
WA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
WA
N/A
N/A
N/A
N/A
,N/A
NIA.
N/A
N/A
Grantmaking-rionoperating foundations
Zero or unreported .........
$1 under $100,000........................................
$100,000 under $1.000,000 ..........................
$1,000,000 under $10,000,000-..................
$10,000,000 under $25,000,000 ...................
$25,000,000 under $50,000,000 ...................
$50,000.000 under $100,000,000.................
$100,000,000 or more ...................................
Grantmaking-operating foundations
Total ............ ... ........................... ........
Zero or unreported
$1 under$100,000 ........................................
.............
..........
$100,000 under $1,000,000 ..........................
$1,000,000 under $10,000,000.....................
$10,000,000 under $25,000,000...................
$25,000,000 under $50,000,000...................
$50,OOD.000 under $100,000,000 ..................
$100,000,000 or more ...................................
150
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A - not applicable.
I
*Estimate should be used with caution because of the small number of sample returns on which it Is based.
The data shown in columns 18 and 19 are
based
on
the
amount
of
contributions,
gifts,
and
grants
that
foundations actually disbursed for charitable purposes for 1991 using the cash
.
receipts and disbursements method of accounting. These amounts differ somewhat from those reported as contributions, gifts, and grants paid in the income statement (Table 3)
because foundations may use either the cash receipts and disbursements or the accrual method of accounting.
NOTE: Detail may not add to totals because of rounding.
Private Foundations and Charitable Trusts, 1991
Table 2.--All 4947(a)(1) Charitable Trusts Treated as Foundations: Number and Selected Financial Data,
by Type of Charitable Trust and Size of Fair Market Value of Total Assets
[AD figures are estimates based an a sample-money amounts are in thousands of dollars)
Selected sources of revenue
Type of charitable trust
size of fair market
value of total assets
Total
revenue
Number of
returns
CcntrbAms,
gifts, and
grants received
Number of
Divictendsand
interest from
Net gain
(less loss) from
sales of assets
securities
Number of
Amount
Number of
returns
Amount
returns
Amount
Number of
returns
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Z661
'7
872
942
387
407
47
284385
*36
4,370
23,221
31,521
105.865
115,371
318
117
106
*40
45
10
39,330
1,364
4.8M
-4.787
15,541
12,768
Z232
116,M
'36
1, &W
10,W3
11,497
47,452
46.354
1,6T7
381
624
285
348
40
73,707
425
5,395
5,047
29,668
33,182
Z621
*7
868
932
364
404
46
Z62D
*7
868
932
363
404
46
268,697
*36
4,293
23.116
21,183
105,024
115,045
293
114
106
*20
44
10
36,085
1,299
4,870
-1,608
15,540
12,768
2,202
11%341
'36
1,660
9,936
11,151
47,365
46,2D2
1,665
381
617
281
347
39
73,664
425
5,386
5,026
29,654
33,173
41
41
11,688
*25
-3,245
-3
*20
1
-
*65
-3,179
1
-
*12
'7
*3
1
1
Q
*76
*106
-10,339
841
327
*30
*7
*20
2
1
*652
-3
Z72
100
102
Z079
*7
548
786
333
363
42
lIZ391
41
9
28,791
990
3,415
-1.6138
10,014
12.763
1,593
343
600
278
335
37
69,363
388
5,245
5.011
2B,937
29.783
20,790
990
3,415
-1.608
10,013
12,763
Z071
IlIZ1173
548
779
333
363
41
1,585
343
593
278
335
36
69,356
*36
1,554
9,464
11.050
45,654
44,414
*8
returns
Amount
(1)
(2)
2,662
-7
872
942
388
407
47
I
ALL CHARITABLE TRUSTS
Total. ......... ..........................................
Zero or unreported ........................................
$1 under $100,000........................................
$100,000 under $500,000.............................
$500,000 under $1,000,000..........................
$1,ODO,000 under $1 O,OOD,000.....................
$10,000,000 or more .....................................
620
820
356
384
45
NonoperatIng trusts
Total.................................................
Zero or unreported ........................................
$1 under $100,000........................................
$1 00,ODD under $500,000.............................
$500,ODO under $1,000,000..........................
$1.1)(30,000 under $10,000,000.....................
$10,000,000 or more .....................................
620
813
336
382
44
Operating trusts
Total................ .......... .........................
$1 under $1 00,OOD........................................
$100,000 under $500,000.............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more .....................................
*10
*24
3
1
*24
3
1
Z462
17
762
9D4
360
3115
44
2,462
'7
762
904
360
3a5
44
246,278
Z450
Z450
245,842
762
894
360
384
43
*7
762
894
360
384
43
3,812
2D.902
21,062
96.645
103,385
271
100
102
*20
40
9
*12
*436
.1
.1
1
1
*10
1
1
*106
3
327
1
-
1
-
Total. ...... ........................ ............... .....
171
170
$1 under $100,000 ........................................
$100,000 under $500.000 .............................
$500.000 under $1,000,000 ..........................
$1,000,000 under $10
1
$10,000,000 or
107
*w
107
*38
*3
22,854
481
-2,213
*22
*14
-3
*4
-7,295
*308
*1,454
*5,1 :
w
88
151
..1
14
9
GRANTMAKJNG CHARITABLE TRUSTS
Total................................................
Zero or unreported........................................
$1 under $100,000........................................
$100,WO under $500,000.............................
$500,000 under $1,000,000..........................
$1,000,000 under $I QOOO,000.....................
$10,000,000 or more .....................................
3,812
21,008
21,062
96,648
103,712
1,554
9,531
11,050
45,654
44,566
Grantmaldrig-nonoperating trusts
Total... . ................................... ...............
Zero or unreported........................................
$1 under $100,000 ........................................
$100,ODO under $500,000.............................
$500,000 under $1,000,000 ..........................
$1,ODO,000 under $10,000,000 .....................
$10,000,000 or more .....................................
388
5,245
5,011
28,937
29,T73
Grantmaking-operating trusts
Total. ...................................................
$100,ODO under $5W,OW .............................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more.....................................
*12
*10
1
*219
*67
151
.8
*8
'7
1
..l
9
*79
-4,309
38
*24
-3
*113
37
Nongrantmaking-nonoperating trusts
*4
13
1
3
1
1 ':
13
6Z
1
132
72
M
193
4,168
96
*472
*102
1 : ;B118
*15
;717
400
Footnotes at end of table.
151
Private Foundations and Charitable Trusts, 1991
Table 2.-All 4947(a)(1) Charitable Trusts Treated as Foundations: Number and Selected Financial Data,
by Type of Charitable Trust and Size of Fair Market Value of Total Assets-Continued
[AJI figures are estimates based on samples--money amounts are in thousands of dollars)
Type of charitable trust,
size of fair market
value of total assets
Total expenses
Number of
returns
Excess of revenue
(less loss over expenses
Net investment
income
Disbursements for
exempt purposes
Numberof
returns
Amount
returns
Amount
Number of
returns
Amount
(12)
(13)
(14)
(15)
(16)
(17)
197,040
*995
4,693
14,577
22,154
64,910
89.711
2,640
-7
858
935
387
406
47
83,345
2,677
221,156
-324
8,644
9,367
40,955
25,660
2,964
18,559
19,724
85,170
94,712
2,567
-7
834
918
367
395
46
169,987
-3
799
938
387
403
46
189,677
2r596
79,020
22D,124
*26
2962
18,462
19.241
84,721
94,712-
168,490
854
925
363
403
46
2,537
-3
796
928
363
401
46
2r547
~958
-398
8,699
4,035
41,068
26,575
830
908
363
393
-45
4.214
12,673
14,131
55,072
-81.M-
209,814
2,462
164,923
2,803
17,868
19,119
81,757
88,242
'7
762
904
360
385
44
!1,064
4,161
12,797
14,118.
64,961.
.77,823
163,978
*1,064
4.161
12.649
14,118
54,959
77,027
Amount
(10)
Number of
ALL CHARITABLE TRUSTS
2,658
Zero or unreported........................................
$100,000........................................
$1 under
$100,000 under $500,ODO.............................
$500,000 under $1,000,000 ..........................
$1,000,000 under $10,000,000.....................
$10,000,ODO or more .....................................
'7
868
942
387
407
47
4,215
12.82D
14,134
55.622
82,131
Nonoperating trusts
Zero or unreported ................... :....................
$1 under $100,000........................................
$100,000 under $500,000.............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more.....................................
6persting trusts-
2,617
-7
8%
932
363
04
46
Total.............................. ..........................
41
$1 under $100,000
...................................
$100,000 under $500,000 .............................
$500,000 under $1,000,000
: *
-$1,000,000 under $10,000,000.....................
$10,000,000 or more .....................................
-3
10
24
3
*995
4,692
14,417
17 147
63,956
'
88,470
41
-3
*10
*24
3
4,325
*75
'~!A
-5,332
-112
-915,-
-39
-3
*10
'24
2
-'6RANTMAIUNG CHARITABLE TRUSTS
2,462
184,789
762
9D4
360
385
44
2,444
-7
748
901
360
384
44
61,488
*995
4,571
14,416
17.102
63.150
84,555
-759
6,592
3.960
33,497
19,156
i,409
-3
717
904
360
382
43
2,450
*7
762
894
360
384
43
183,383
2,,91
62,459
2,399
209,716
*995
4.571
14,256
17,102
63,146
83.314
748
891
360
383
-43
.6,646
3,960
33,499
-20,071
717
894,
360
382
'43
2,803
17,770
19,119
81.757
88,242
2,450
'7
762
894
360
384
43
Total .....................................................
$100,000 under $500,000 .............................
$1,000,000 under $10.000,000 .....................
$10,000,000 or more ............................
Nongrantmaking-nonoperating trusts
*12
*10
1
1
-1,406
*160
5
1,241
*12
*10
1
1
*-970
..M
*iO
*10
-
*98
*12
*945
1
1
*148
1
796
Total............ ............................. ...............
167
6,293
97
4,512
121
*161
*46
810
5,156
16,561
361
10,408
103
167
107
'34
-3
20
3
138
$1 under $100,000........................................
$100,000 unde.r $500,000 .............................
$500,000 under $1,000,000..........................
$1,000,000 under $1 D,000,000~ ....................
$10,000,000 or more .....................................
Footnotes at end of table.
79
'34
*3
19
3
159
*692
*122
2,965
6,470
69
*14
53
Total........................ ................................
Zero or unreported ........................................
$1 under $100,000........................................
$100,000 under $500,000.............................
$500,000 under $1,000,000
; ....................
$1,000,OM under $1 O.OD0,000.....................
$10,000,000 or more .....................................
Grantmaking-nonoperating trusts
Total........................................................
Zero or unreported ........................................
$1 under $100,000........................................
$100,000 under $500,000....................... :
$500,000 under $1,000,000 : ....................
$1,000,000 under $10,000,000.....................
$10,000.000 or more.....................................
Grantmaking-operating trusts
152
-3
20
3
.1
-915
'75
7.569
6,503
.9
2
-14
*113
4,309
Private Foundations and Charitable Trusts, 1991
Table 2.-All 4947(a)(1) Charitable Trusts Treated as Foundations: Number and Selected Financial Data,
by Type of Charitable Trust and Size of Fair Market Value of Total Assets--Continued
[AJI figures are estimates based on samples-money amounts are in thousands of dollars]
Excise tax on
Type of charitable trust,
size of fair market
value of total assets
Total assets
(book value)
not investment income
Contributions, gifts,
and grants paid
Domestic
Organizations
Foreign
organizations
Number of
returns
Amount
Number of
returns
Amount
Number of
returns
Amount
(20)
(21)
(22)
(23)
(24)
(25)
(26)
158,210
-1,055
3,878
11,997
13,509
52.661
75,110
3,630
48
312
332
1.435
1,5D4
2 &W
782
918
383
399
45
3,624
48
312
332
428
I:
1504
*3
-
*6
.6
-
2,656
872
942
388
407
47
2,265,2D5
32,396
186,319
222.523
875,801
948,166
2,450
157,531
762
894
360
384
43
-1,055
3,878~
11,855
13,509
52,660
74,573
3,614
48
310
322
1,429
1,5D4
2,491
778
907
360
397
45
3,607
48
310
322
1,423
1,504
*3
*3
-
*6
*6
-
2,614
868
932
364
404
46
2,226,136
32,321
184,837
203,659
863.895
941,425
*12
*10
1
1
*680
*142
1
536
116
.1
*39
*10
*16
*1
-
*10
5
-
2
-
5
-
-
-
41
*3
*10
*24
3
1
39,069
'75
-1.482
'18,863
11.907
6,742
Total..... ....................................................
Zero or unreported ........................................
$1 under $100,000........................................
$100,000 under $500.000.............................
$5DO.000 under $1,000,000..........................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more .....................................
Grantmaking-nonoperating trusts
2,462
'7
762
9D4
360
385
44
158,210
*1,055
3.878
11,997
13,509
52,661
75.110
3,414
45
298
32D
1.372
1,379
2,370
706
884
356
378
43
3,408
45
298
32D
1,365
1,379
*3
-3
-
*6
-
2,465
762
904
360
385
44
2,108,201
29,603
175.616
201,491
82B,952
872,540
Total ......................................................
Zero or unreported ........................................
$1 under $100,000 ........................................
$100,000 under $500,OOD .............................
$500,000 under $1,000,000 ..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more.....................................
Grentmaking-operating trusts
2,450
-7
762
894
360
384
43
IS7,531
-1.056
3,878
11,855
13,509
52,660
74,573
3A13
45
296
320
1,372
1.379
2,360
706
873
356
378
43
3,406
45
296
32D
1,365
1,379
*3
*3
-
*6
-
2AC
762
894
360
384
43
2,095,584
29,6D3
174.134
201,491
824,558
865,798
Total......................................... .............
$100,000 under $500,000.............................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more .....................................
Nongrantmaking-nonoperating trusts
*12
*680
.1
*10
-12,618
*142
1
536
.1
-
-
*1
.1
-
*12
*10
1
1
-
-
1
1
4,394
6,742
Total ........ . ................... ............................
-
-
201
131
201
-
-
171
130,552
$1 under $100,000 ........................................
$100,000 under $500,000 .............................
$500,000 under $1,000,000 ..........................
$1 ,0D0,000 under $10,000,000.....................
$10,000,000 or more.. . ...............................
-
-
3
*14
*2
1 57
24
72
*34
-3
3
-
-
107
*38
2,718
Total
Number of
returns
(18)
Amount
(19)
2,462
'7
762
904
360
385
44
ALL CHARITABLE TRUSTS
Total .................... I................................
Zero or unreported........................................
$1 under $100,000 ........................................
$100,000
under $500.000 .............................
$500,000 under $1,000.000 ..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more.....................................
Nonopersting trusts
Total ... . ....................................................
Zero or unreported ........................................
$1 under $100.000........................................
$100,ODO under $500,000.............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more .....................................
Operating trusts
Total ......................................... . ........... ..
$1 under $100,000 ........................................
$100,000 under $500,000 .............................
$500,000 under $1,ODO,000 ..........................
$1.000,000 under $1 O.ODO,000.....................
$10,000.000 or more.....................................
GRANTMAIUNG CHARITABLE TRUSTS
1
1
1
-2
7
1 24
'
*6
-
1
-
1
20
3
1
-2,168
39,337
75,626
Footnotes at end of table.
153
Private Foundations and Charitable Trusts, 1991
Table 2.-All 4947(a)(1) Charitibletiusti Treated as Foundatio'ns: Pium, bir,and Selected Financial Data,'
by Type of Charitable Trust and Size* of Fair Market Value of Total.Ass6ts-'Cointlilued,
[All figures are estirnates based on samples-rrioney amounts are in thousands of dollars)
Selected asset types
Type of charitable trust,,
Investments in securities (book value)
size of fair market
value of total assets
Government
ob4gations
Total
Number of
returns
Amount
(27).
Corporate
stock
Corporate
bonds
Number of
returns
Amount
Number of
returns
Amount
Number of
Jeturns
Amount
(29)
(30)
(31)
(32)
(33)
(34)
374,911
1,391
267
486
260
762
130
254
164
185
29
289,129
3,412
21,829.
16818
41
798,849'
.8,645
51,987
77,216
318,569
342,432
11,381
267
483
257
334
40
7113.906
8.645
51,762
75,847
317,616
340,036-
752
288,201
130
250
160
183
-28-
7
3,412
~21.664
16,422
108,'105
138,606-
ALL CHARITABLE TRUSTS
Total............................................. . .......... .
Zero or unreported ........................................
$1 . under $100,000........................................
$1 00,000 under $500,000.............................
$500:000 under $1,000,000..........................
$1,000,000 under $10,000,000
..............
$~10.60b,000 or more.....................................
Nonoperating trusts
1,745
1,462o889
432
600
298
373
42
16.573
95.798
123,212
608.305
619.001
172~
.
275,
168
239
29
Total ......................... . ............ .................
Zero or unreported ........................................
$1 6nder$100,000 ........................................
$100,000 under $500,000..................... I
$500,000 under $1.000,000 ..........................
$1,000,000 under $10,000,000 .....................
$10,000,000or more ......................... : ...........
Operating trusts
1,735
- ,
4W
59~
295
371
41
11,454,7M
16,573.
95.399,
121.186
605.044
-616,533 -
878
P9
4,516
21,982
M,917.
1 79,324
-137,889
Total .............. .....................................
$1 under $100,000 ................. ......................
$100,000 under $500,000 ............... ........ . ...
$500,000 under
$1,000,000 .......... : ...............
1
$1.000.000 6nder $10,000,006.....................
$iO,000,000,or more ................................
GRANTMAKJNG CHARITABLE TRUSTS
*10
-3
-3
2
-8,11154
*400
-2,026
3.261
*5
-2,282
-4,943
-
-*260.
2,022
'225
*1,369
953
-2M6
Total......................... ................. .............
Zero or unreported ........................................
$1 under $100,000 .........................................
$100,000 under $500,000...............................
$500,000 under $1,000,000......................
$1,006,000 under $10,000,000 .....................
$10,000,000 or more ......................................
1,656
1,362,385
401
569
291
355
39
16,032
88,765,
120,095
581,896
555,596
1,651
401
566
291
355
38
1,359,517
Total.................................. . .............. . ......
*4
$100,000 under $W0,000..............................
$1,000,000 under $10,000,000 .....................
~10,000,000 or more .....................................
-3
1
84
95,216
31
*31
*3
-16
3
641
-7,033
.1,092
'23,148
63,404
172
275
165
4,516
il.982
29,178
181,346
137,889
372,629
I
138,680
346,452
1,316
739,509
73D
276,423
4,328
18,748
28,917'
.173,237'
121,22i
246
459
254
319
38
8,362
48,531
75,556'
304,056
303,004
120
247
157
1
27
3.342
21,486
15,62.1
04603
1
131:372
M,452
1,312
246
456
254
319
3~
736,81311
725
120
.243
157
179
26
276,1717.
3,342
2f311
15,621
104,603
131,300
-2,867
14
-4
2,468
1
-2,621
*225
2,396
'247
*175
7,
72
161
252
165
229
27
Grantmaking-nonoperating trusts
Total ............................................. ............
Zero or unreported ..........................................
$1 under $100,000 .........................................
$,100,000 under $500,000 ..............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000
:.............
$10,000 000 or more ...............*.........................
16,032
88.366,
120,095
581,866
553.128
1~61
252
165
229
27
4,328
18,748
28,917
173,237
121,221
8,362
48,306
75,556
304,056
306,608
G;antmaking-operating trusts
Nongrantmaking-nonoperating trusts
Total ..........................
$1 under $100,000 .........................................
$100,000 under $500,000 .............................
$500,000 under $1,000,000..........................
$i,600,000 under $10,000,000 ................
$10,000,000 or more ..........................
Footnotes at end of table.
154
26,176
57,017
*3.234
*283
-3,456
*290
*6,087
16.668
39,428
IZOi4l
*70
*343
-80i
-3,502
7.3D8--
Private Foundations and Charitable Trusts, 1991
Table 2.--All 4947(a)(1) Charitable Trusts Treated as Foundations: Number and Selected Financial Data,
by Type of Charitable Trust and Size of Fair Market Value of Total Assets--Continued
[AJI figures are estimates based on samples-money amounts are in thousands of dollars]
Selected asset types
Type of charitable trust.
size of fair market
Total assets
(fair market value)
Investments in securities (fair market value)
Government
Corporate
value of total assets
Total
oblig
ions
Numberof
returns
Amount
(38)
(39)
1,745
432
600
298
373
42
2,023,825
18,054
126,568
161.358
806,473
911.372
2,939,385
35,970
233,704
259.004
1,105,437
1,305.271
1,735
432
597
295
371
41
41
51,641
-3
*10
'24
3
1
'75
*1,516
-19,009
14,430
16.612
2,455
762
9D4
360
385
44
Number of
Amount
Numberof
returns
Amount
returns
(35)
(36)
(37)
2,656
872
942
388
407
47
2,991,026
36,044
235,219
278,013
1,119,867
1,321,882
Total...... . ........................ .........................
Zero or unreported........................................
$1 under $100.000 ........................................
$100.000 under $500,0130.............................
$500,000 under $1.000,000..........................
$1,000,000 under $10.000,000 .....................
$10,000,ODO or more.....................................
Operating trusts
2,614
868
932
364
404
46
Total ........................................ . ........ .......
$1 under $100,000 ........................................
$100,000 under $500,000.............................
$500,000 under $1,000.000 ..........................
$1,000,000 under $10,000.000.....................
$10,000,000 or more .....................................
Corporate
bonds
stock
Number of
Number of
returns
Amount
returns
Amount
(40)
(41)
(42)
(43)
(44)
884
172
275
168
239
29
415,058
4,747
27,168
30,748
201,469
150,925
1,391
267
486
260
336
41
1,267,003
9,663
75.062
111,352
486.500
604,425
762
130
254
164
185
29
321,765
3,644
24,338
19,257
118.5D4
156,022
2,012,362
18.054
126,199
159,187
803,040
905,883
878
172
275
165
237
29
412,694
4.747
27,168
30.476
199,378
150,925
1,381
267
483
257
334
40
1,278,852
9,663
74,858
109,886
485,465
598.980
752
130
250
160
183
28
320,816
3.644
24,173
18,824
118,197
155,978
*10
-3
-3
2
1
-11,464
-
.5
-2,363
*272
2,091
-
*10
-3
-3
2
1
-8,151
'21A
-1,466
1.035
5,445
*10
-3
*3
2
1
*949
-
-2,171
3,433
5,489
-3
2
-
21790,672
33,028
222.992
256,547
1.061,120
1,216.985
1,656
401
569
291
355
39
1,885,749
17,445
118,035
157,331
774.132
818,806
834
161
252
165
229
27
384,802
4,546
23,579
30,476
19Z853
133,347
1,316
246
459
254
319
38
1,194,182
9,328
70,602
108,946
466,972
538,335
730
120
247
157
179
27
306,765
3,571
23,854
17,909
114,307
147,124
2,443
762
894
360
384
43
2,768,151
33,028
221,476
256,547
1,056,726
1.200,373
1,651
401
566
291
355
38
1,679,890
-
384,802
4,546
23.579
30,476
192,853
133,347
1,312
246
456
254
319
37
1,188,532
9,328
70,397
108,946
466,972
532,890
725
-
17,445
117,666
157,331
774,132
813,317
834
161
252
165
229
27
306,556
3.571
23,689
17.909
114,307
147.080
Total ...... ...................................................
$100,000 under $500,000 .............................
$1,000,000 under $10,000,ODO.....................
$10,000.000 or more .....................................
Nongrantmaking-nonoperating trusts
*12
*10
1
1
-22,521
-1,516
4,394
16,612
-4
-5,859
-
-
-4
-5,649
-4
-
-
-3
1
'204
5,445
-3
1
*210
*165
44
Total....................... . ....... .........................
$1 under $100,000 ........................................
$100,000 under $500,000.............................
$600,000 under $1,000,000..........................
$1,000,000 under $10,000,0130 .....................
$10,000,000 or more
171
69
90,319
27
14,260
107
w
W
-4,461
-7
-3
ALL C11ARITABLE TRUSTS
Total ...................! ........... . ........................
Zero or unreported .......................................
$1 under $100,000........................................
$100,000 under $500,ODO .............................
$500,000 under $1.000,000..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more.....................................
Nonoperating trusts
*433
307
44
GRANTMAKING CHARITABLE TRUSTS
Total .........................................................
Zero or unreported........................................
$1 under $100,000........................................
$1 00,ODO under $500,000 .............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000.ODO .....................
$1 0,DOO,000 or more.....................................
Grantmaking-nonoperating trusts
Total...... . ..................................................
Zero or unreported ........................................
$1 under $100,000 ........................................
$100,000 under $500,0130 .............................
$500.000 under $1,000,000 ..........................
$1,000,000 under $10,000,ODO .....................
$10,000,000 or more .....................................
120
243
157
179
26
Grantmaking-operating trusts
-4
203
1
*3
1
5,489
171,234
84
13Z472
44
27,892
2,942
-12,228
-2.457
J..97
41.710
*31
*31
-3
*16
3
*6D9
-8.533
-1,855
28
0' 1
*92~ :66
*10
'24
-
*201
1
1
2
;6
7~:77
2'
-3
153
1
'74
.,w
*166~0
1 4:31
2
1
8,898
Footnotes at end of table.
155
Private Foundations and Charitable Trusts, 1991
Table 2.-All 4947(a)(1) Charitable Trusts Treated as Foundations: Number and Selected Financial Data,
by Type of Charitable Trust and Size of Fair Market Value of Total Assets-Continued
[All figures are estimates based on samples-money amounts are in thousands of dollars]
Type of charitable trust
size of fair market
value of total assets
Not worth
Knimum investment return
Number of
Distributable amount
Number of
returns
Amount
returns
Amount
I
Number of
returns
Amount
(45)
(46)
. (47)
(48)
1
(49)
(50)
Total........................................... .........
Zero or unreported
$100,000 ........................................
$1 under
$100,000 under $500,000 .............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more .....................................
Nonoperating trusts
2,656
2,254,318
2,658
137,271
2,611
123,534
872
942
388
407
47
32,367
185,812
218,727
873,275
944,136
'7
872
938
387
407
47
,*21
1,745
0,943
1
12,764
52.591
59,207
*7
865
928
363
404
44
*21
1,702
0,610
.11.877
1
50.589
48,735
Total..... .......... ..................................
Zero or unreported ............ :...........................
$1 under $100,000........................................
$100,000 under $500,000.............:...............
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000.....................
$10,000.000 or more.... -
2,614
2,=,767
2,611
; -7
868
928
36i
404
46
135,668
2,611
-7
865
928
363
404
44
123J534
41
*3
1,603
*2
3
*498
331.
--697-
129,017
*21
1,614
10,451
12,175
50,070
54,686
2,449
'7
762
894
360
384
42
12DA"
*21
1,578
10,131
11,858
48,384
48,472
2,449
894
360
384
43
128,243
*21
1,614
10,375
12,175
50,068
53,989
12DAM
*2i
1,578
10,13i
1 1'a58
48.384
-48,472
*775
WA
N/A
N/A
WA
WA
'76
2
697
7,426
163
3,090
129
-02
103
1~4
*479
*19
2,205
264
ALL CHARITABLE TRUSTS
868
932
364
404
46
32,293
184,330
203,575
861,3T7
939,193
41
-3
*10
*24
3
33,552
-1,482
-15,153
11,899
2,455
2,101,312
762
9D4
360
385
44
29,594
175,109
201.406
826,626
868,577
2,462
*7
762
904
360
385
44
2,443
2,090,493
2,450
'21
1,743
10,867
i2 266
52,261
'
58,510
*21
1,702
10,610
11.877
50,589
48,735
Operating trusts
$1 under $100,000 ........................................
$100,000 under $500,000 .............................
$500,000 under $1,000,000..........................
$1,000,000 under $10.000,000 .....................
$10,000,000 or-more ....... ==: ............
WA
N/A
N/A
N/A
N/A
N/A__
WA
WA
NIA
IVA
WA
GRANTMAKING CHARITABLE TRUSTS
Zero or unreported ........................................
$1 under $100.000........................................
$100,000 under $500,000 .............................
$500,000 under $1.000,000 ..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more.....................................
Grantmaldng-nonoperatlng trusts
Total .......................... . .............................
Zero or unreported ........................................
$1 under $100,000........................................
$100,000 under $500,000 .............................
$500,000 under $1,OW,000..........................
$1,000,000 under $10,000,000 .....................
$10,000.000 or more .....................................
762
894
360
384
-43
29,594
173.627
201.406
822~32
863,634-
*12
-1%819
-1.482
4,394
4.943
~~l 2
167
107
'34
.3
20
3
*7
762
894
360
384
42
Grantmalcing-operating trusts
$100,000 under $500,000.............................
$1,000,000 under $10,000,000.....................
$10,000,000 or more.....................................
NIA
WA
N/A
Nongrantmaking-nonoperating trusts
Total.......................... . ..............................
M
130,274
$1 under $1 00,W0........................................
$100,000 iender $500,000 .............................
$500,000 under $1,000,000 ..........................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more.....................................
107
2,699
-4
20
3
-2.168
69,145
75,559
Footnotes at end of table.
156
2,192
4,521
-3
20
2
Private Foundations and Charitable Trusts, 1991
Table 2.-All 4947(a)(1) Charitable Trusts Treated as Foundations: Number and Selected Financial Data,
by Type of Charitable Trust and Size of Fair Market Value of Total Assets-Continued
[All figures are estimates based on samples-money amounts are in thousands of dollars)
Type of charitable trust,
size of fair market
value of total assets
Qualifying distributions
Undistributed income for 1991
EKoess distributions carryover to 1992
Number of
returns
Amount
Number of
returns
Amount
Number of
returns
Amount
(51)
(52)
(53)
(54)
(55)
(56)
Total ..................................................
Zero or unreported........................................
$1 under $100,000 ........................................
$100,000 under $500,000 .............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more .....................................
Nonoperating trusts
2,571
171,808
*1,064
4,471
12,820
14,134
57,122
82,196
650
133
264
92
147
13
23,441
150
1,709
1,233
10,680
9,669
1,965
181,954
'7
735
664
271
256
32
10,563
12,078
24,163
46,741
79,827
Total ................. ..................................
2,551
-7
834
908
363
394
45
170,291
650
133
264
92
147
13
23,441
150
1,709
1,233
10,680
9,669
1,965
181,954
735
664
271
256
32
-8,582
10,563
12,078
24,163
46,741
79,827
Total... .......................................... ........
$1 under $100,000........................................
$100,000 under $500,000 .............................
$500,000 under $1,000.000 ..........................
$1,000,000 under $10,000,000 .....................
$10,ODO,000 or more .....................................
GRANTMAIGNG CHARITABLE TRUSTS
*20
*11,5117
*1
WA
2
1
*2
550
816
WA
N/A
WA
WA
WA
N/A
WA
N/A
N/A
WA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
NIA
Total ............... .........................................
Zero or unreported ........................................
$1 under $100,000........................................
$100,000 under $500,000.............................
$500,000 under $1,000,000..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more.....................................
Grantmaking-nonoperating trusts
2,462
*7
762
904
360
385
44
166,481
*1,064
4,408
12,797
14.118
56.252
77,843
576
103
237
92
133
12
21,579
112
1,524
1,233
9,067
9,642
1,872
164,040
*7
659
657
267
251
31
9,250
12.043
24.152
45,033
64,981
Total............................................. .........
Zero or unreported........................................
$1 under $100,000........................................
$100,000 under $500,000.............................
$500,000 under $1.000,000..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more .....................................
2,450
*7
762
894
360
384
43
165,516
576
103
237
92
133
12
21,579
112
1,524
1,233
9,067
9,642
1,872
'1,064
4,408
12,649
14,118
56,251
77,027
659
657
267
251
31
164,040
-8,582
9,250
12,043
24,152
45,033
64,981
Total................ . ............ . ............ .............
*12
'965
WA
N/A
N/A
WA
$100,000 under $500,000 .............................
$1,000,000 under $10,000,000 .....................
$10,000,000 or more .....................................
Nongrantmaking-nonoperating trusts
*10
1
1
*148
1
816
N/A
N/A
N/A
WA
N/A
WA
N/A
N/A
N/A
N/A
N/A
WA
Total ..........................................................
101
4,775
74
1,861
92
17,914
$1 under $100.000........................................
$100,000 under $500,000.............................
$500,000 under $1,000,000..........................
$1,000.000 under $10,000,000.....................
$10,000,000 or more.....................................
72
62
76
-7
-3
-5
1
1,313
*27
1
'38
*185
.1,613
26
ALL CHARITABLE TRUSTS
Zero or unreported ........................................
$1 under $100,000........................................
$100,000 under $500,000.............................
$500.000 under $1,000,000..........................
$1,000,000 under $10,000,000.....................
$10,000,000 or more .....................................
837
918
367
396
46
*1,064
4,469
12,673
14,131
56,573
81,381
Operating trusts
-3
*10
WA
N/A
N/A
WA
N/A
Grantmaking-operating trusts
*3
2
*14
2
4,3:4
*3
1
:7
1480.
N/A - riot applicable.
*Estimate should be used with caution because of the small number of sample returns on which it is based.
The data shown in columns 18 and 19 are based on the amount of contributions, gifts, and grants that foundations actually disbursed for charitable purposes for 1991 using the cash
receipts and disbursements method of accounting. These amounts differ somewhat from those reported as contributions, gifts, and grants paid in the income statement (Table 4)
because foundations may use either the cash receipts and disbursements or the accrual method of accounting.
NOTE: Detail may not add to totals because of rounding.
157
Private Foundations and Charitable Trusts'. 1991
Table 3.-All Private Foundations: Balance Sheets, and Income Statements, by Size 'of Fair Market
Value of Total Assets
[All figures are estimates based on a sample--money amounts are in thousands of dollars)
Size of fair market value of total assets
Total
(1)
(2)
(3)
(4)
(5)
(6)
Number of returns .... ............. ................. .. ....
41"
942
14,823
15,479
8,167
1,079
403
228
226
Total revenue............................. ...... ....... .......
Contributions, gifts, and grants received
Interest on savings and
temporary cash investments
..............
Dividends and interest from securities............
Gross rents .......................................................
Net gain (less loss) from sales of assets
Gross profit (less loss)
from business activities ...............................
Other income ....................................................
24,610,028
7,141.936
47,961
23,023
47%973
424,855
1,451,145
1,038,173
3,943,851
1,969,373
2,367,163
1,029,134
1,759,553
624,736
1,994,811
751,484
12,566,572
1,232,315
6,692,371
1
222,065
8,533,912
2.648
.15,060
-7,038
13,516
13,303
*636
13,918
95,840
190.032
14,847
'86,286
265,913
970,117
53,173
528,733
157,436
616,216
20,798
432,705
105,046
547,478
27,098
357,579
108,521
625,285 9,582
457.087
483,395
3,714,880
96,030
6,650,565
43,926
743,500
*191
581'
12,263
1,937
24,029
5,989
150,553
8,044
102,829
20,947
76,669
3,326
39,526,
3,102
-337,440
13,172,916
Contributions, gifts, and grants paid ................
10,363,963
Compensation of officers.................................
274,438
Other salaries and wages .................................
521,556
Pension plans and employee benefits ............
144,908
Legal fees ..........................................................
69,370
Accounting feesI ............................................... -63,814Other professio net fees ......................................
365,176
Interest .............................................................
64,969
Taxes................................................................
261,826
Depreciation and depletion ..............................
129,581
Occupancy ............................ ; ........................
153,015
Travel, conferences, and meetings.................
74.638
Printing and publications ....................... : ...........
~19,135 'Other expenses .......................... ......................
Excess of revenue (less loss)
overexpenses .................................. 7***"*** 11,437,111
Excess of revenue, total ..................................
12,901,702
Loss, total.........................................................
-1.464,591
Total assets (fair market value)..: . .................. 189,571,401
104,766
491,158
1,144,312
2,662,698
1,402,599
1,069,430
2,096,506
1,077,OD4
807,843
63.069
i8,297
30,785
104,840
68,852
54,528
16,080
14,556
13,077
17,468
8,862
5,440
--21-.047- --7,614- --406
62.512
'37,261
32,154
25,112
5,510
8,216
45,096
27,217
21,660
27.071
18,366
20,294
31,668
18,917
12,802
8,606
4,525
3,944
---4,991-2,834- 1-1719
138.632
72,783
52,077
1,003,794
760,993
24,558
37,224
11.850
5,821
4,832
34,132
1,888
21,9~7
10,760,.
10,855
5,166
2,237
71,502
5,294,170
409,881
990,365
9,065
16,752
16.366
22,378
1,324
1,635
*601
1,393
9,102
-1-1245- ---41046- -11,991-1,328
1,931
12,380
-3
1,274
7,476
145
3,090
10,735
.,.m
1,835
7,423
*242
3,733
11,200
.98
6:762
4,574
3823-1,977,
2,347
26,634
36,324
-56,795
-1,081
-57,876
1,281,153,
i.751.472
-470,319
964,564
690,123
-1,166,573
-202,009
832,045
-141,922
991,017
1,091,047
-100,029
7,272,401
7,46i,812
-19i.411
'1112,227,760
Item
Total expenses............................ : ........ .........
Cash, total ............................................
15,218,742
Non-interest bearing accounts....................
2,677,155
Savings and temporary cash investments..
12,541.586
Accounts receivable, net .................................
479,614
Pledges receivable, net. ..................................
69,768
Grants receivable .............................................
84,160
Receivables due from disqualified persons
28,655
Other notes and loans receivable....................
1,467,107
Inventories ........................................................
26,356
Prepaid expenses and deferred charges........
140.114
Investments, total............................................. 165,061,101
Securities, total ............................................ 139,387,608
Government obligations....................... 31,088,414
Corporate stock........................................ 90.866,798
Corporate bonds......................................
17,432,396
Land, buildings and equipment (less
i
,
accumulated depreciation) ......................
3,456,283
Mortgage loans ............................................
787,888
Other investments........................................
21,429.321
Charitable-purpose land,
buildings and equipment
(less accumulated depreciation) ..................
3,482,203
Other assets .....................................................
3,513,577
Note at end of table.
-158
$1
under
Assets
zero or
unreported
$100,000
$10D,000
under
$1,000,0130
$1,000,000
under
$10,000.1300
$10.600,000
under
$25,000.000
$25,000,000
unde
$50,000,000
(7)
97,845
'209
$50.000,000
$100.000,000
or
$100,000,000
more
(8)
(9)
1,281,160
4,123,526
.91,703
217,037
86.386
20,683
8,150
183,479
15,491
131,907
63,599
.'40,963
-21:49824
.12,186
306,833
62,934
-75,119
529,738
-222,905
.451,747
25,051,539
16,677"101
13,859,754
3,529,282
495,064
3,034,218
60,578
*50,923
*25,111
*22,628
267,985
5.463
8,103
19,588,120
17,461,021
5.2D8,752
9,705,175
2,547,095
1,626,364
160,027
1.466,337
79,669
-13,134
23,191
969,980
74,767
895,213.
26.241
.900
740
2.138
-1,961
268
173,177
143,390
32,645
93,351
17,394
5,651,617
1.471,453
264,056
1,207.398
22,596
-3.245
'33
*688
133,237
-3,133
6,216
3,644,000
3.070,106
742,525
1,769,417
558,163
117,860
3,184
14,618
13,830,534
12,340,359
3,552,839
6,936,329
1,851,192
99,021
1,455
is, 49
12,276,;08
10,817,555
2,968,760
6,068,111
1,780,684
15,651,882
1,1181~627
.69,057
1.112,570
51,690
853
12,278
3,730
85,171
2.005
53,408
13,779,585
12,309,970
3,167,914
7,370,699
1,771,356
-2,185
-4,669
22.933
89,266
69,406
415,223
510,175
170,296
1,446,629
265,314
94,577
1,130,285
402,418
83.074
973,161
242,790
63,661
1,163,165
1,944,136
302,206
16,277,926
111,2613
18.051
243,946
123,068
971,530
521,815
691,090
277,080
320,160
145,654
231,898
249,636
1,012,347
2,178,273
241,288
81,349
159,938
2,624
*667
6,198,747
1,532,834
4,665,913
236,216
46
18,705
749
761,696
9,156
42,351
101,769.476
83,245,208
15,414,979
58,923,716
8.906,513
Private Foundations and Charitable Trusts, 1991
Table 3.-All Private Foundations: Balance Sheets and Income Statements, by Size of Fair Market
Value of Total Assets-Continued
[All figures are estimates based on a sample-,money amounts are in thousands of dollars]
Size of fair market value of total assets
$10,000,000
$25,DW,000
under
$25,000,000
under
$50,000.000
(5)
(6)
(7)
(8)
(9)
5,074,631
20,909,232
13,342,736
11,087,128
12,616,839
81,873,289
1,470,945
261,031
1,209.914
22,848
-3,245
*2,033
.rm
1.623,344
160.672
1,462,672
73,925
'13,134
23,191
*374
117,415
3,184
14,630
10,659,668
9,402,859
3,322,952
4,337,210
1.742,697
969,520
72,486
897,034
26,283
6,263
3,108,758
2,592.3B5
707,218
1.340.449
544,719
3,524,097
494,729
3,029,368
60,609
'50,923
-25.448
-22,628
277,838
4,763
8,735
15.756,760
13,859,851
4,889,662
6,570,149
2,400,040
-4.740
-2,46
97,180
1,450
8,256
9,601,473
8,495,628
2,829,472
4,002,972
1.663,184
1,181.575
69,053
1,112,522
50,860
853
12,278
3,730
91217
2,005
53.443
10,757,668
9,668,689
2,976,466
4,993,114
1,699,109
6.182.518
1,532,861
.4,649,658
236,274
46
18,705
749
708,787
4,765
35,250
72,222,084
60,864,702
14,659,930
37,544,077
8,660,695
Assets
zero or
$1
under
$100,000
under
unreported
$10D.000
$1,000,000
$1,000,000
under
$10,000,000
(2)
(3)
(4)
Total assets (book value).............................. 145,384,628
-6,747
474.027
Cash, total ........................................................ 15,196,229
Non-interest bearing accounts ....................
2,672.455
12,523,774
Savings and temporary cash investments..
473,422
Accounts receivable, not .................................
Pledges receivable, net ...................................
69,768
86,496
Grants receivable.............................................
28,655
Receivables due from disqualified persons
1,427,577
Other notes and loans receivable....................
Inventories........................................................
21.705
Prepaid expenses and deferred charges
126,846
Investments, total............................................. 122.306,622
Securities, total ............................................ 105,053,390
Government obligations........................... 29,420,818
58,902,986
Corporate stock.......................................
Corporate bonds......................................
16,729,586
Land, buildings and equipment (less
2,569,433
accumulated depreciation) ......................
761,969
Mortgage loans............................................
13,921.830
Other investments ........................................
Charitable-purpose land,
buildings and equipment
2,845,565
(less accumulated depreciation) ..................
Other assets .....................................................
2,801,738
3,080
*317
241,149
81.307
159,842
2,624
*667
Item
Total
(1)
3.606
-2,523
-2,507
*17
*240
2,138
-2,433
268
196.605
166,752
32.612
114,998
19,142
133,003
$50,000.000
under
$100,000,000
$100,000,000
or more
-1,083
-1,837
-3,505
24,511
65,290
67,324
383,758
393,138
156,178
1,347,593
210,977
98,932
946,900
218,548
82,220
805,077
119,742
67,026
902,210
1,558,817
286,783
9,511,781
.'U
*17
11,678
16,124
219.629
104,109
756,080
421,351
642,8130
271,071
245,935
131,146
220,962
242.247
848,437
1,615,674
6,164,528
Total liabilities (book
Not worth (book value) ................................ 139,220,100
Total assets, beginning-of-year (book value). 128,291,608
Investments In securities,
beginning-of-year (book value) ................. 92,806,403
-1,048
-5,699
379,356
30,141
443,885
493,291
1176~688
4,898,042
4,748,181
640,647
20,268,585
356,551
12,986,184
380,984
10,706,144
19,452,674
12,241,400
110,260,041
315,518
12,301,321
11,479,890
4,263,050
77,610,240
69,236,771
365,133
164,703
2,269,690
12,479,951
8,576,066
52,923,329
*14,642
-187,339
-163,152
39,549
110,024
15,130
637,113
1,161,057
471,520
4,603,797
5,720,177
2,155,977
8,366,446
3,171,917
3,651,641
1,542,888
7,661,084
28,445.158
49,464,855
14,896,390
2,729,577
3,415,416
1,516,091
2,744,990
4,329,880
1,501,196
14,503,571
30,889,321
7,530.436
Government obligations...............................
Corporate stock ...........................................
Corporate bonds..........................................
*Estimate should be used with caution because of the small number of sample returns on which it is based.
NOTE: Detail may not add to totals because of rounding.
159
Private Foundations and Charitable Trusts, 1991
Table 4.--All 4947(a)(1) Charitable Trusts Treated as Foundations: Balance Sheets and Income
Statements, by Size of Fair Market Value of Total Assets
[All figures are estimates based on a sample--money amounts are in thousands of dollars]
Size of fair market value of total assets
unreported
$1
under
$100,000
(1)
(2)
(3)
(4)
(5)
(6)
Number of returns .. ................. ............................... ..
2,662
-7
872
942
388
407
47.
Total revenue ................................... . .. ............... .........
Contributions, gifts, and grants received.......................
Interest on savings and
temporary cash investments .....................................
Dividends and interest from securifies..........................
Gross rents ....................................................................
Net gain (less loss) from sales of assets......................
Gross profit (less loss) from business activities ............
Other income .................................................................
280,385
39,330
'36
4,370
1-164
23,221
4,870
-31,521
4,787
105'aw
15,541
115,371
12,768
362
1,650
1,839
10.003.
621
5,385
2230
11,497
'259
5,047
7,595
47,452
1,748
29,668
8,625
46,354
1,790
33,182
Total expenses. .............. ... ..........................................
197,040
Contributions, gifts, and grants paid..............................
Compensation of officers...............................................
Other salaries and wages...............................................
Pension plans and employee benefits ..........................
Legal fees ......................................................................
Accounting fees.............................................................
Otherprofessional fee
Interest...........................................................................
..............*****"**'** ...........; ...........
Taxes ..............................................................................
Depreciation and depletion...........................................
Occupancy.....................................................................
Travel, conferences, and meefings ...............................
Printing and publications...............................................
-Other expenses .............................................................
157,398
15.141
2,078
646
1,950
1,526
-3,830258
4,579
896
365
343
145
-7,885---
Item
Total
20,652
116,993
4,437
73,707
.1
425
.1
25,265
*995
-2
.9
-2
$1 OD,0130
under
$500,000
$500.000
under
$1,000,000
$1.000,000
under
$10.000,000
$10,000.000
or
(7)
548
503
7,701
3,860
12,653
14,577
22,154
64,910
89,711
11.513
1,884
.5
52,553
5,716
355
26
128
48-
79
242
-257
90
*10
-5
*5
12
322
13,515
3.095
-1,452
571
440
276
864
6
528
279
93
156
95
787
509
-1-.D47
139
1,639
420
181
39
'24
74,980
4.079
230
31
597
362
-1-,615114
1,997
140
77
142
4
8,644
10,169
.1,524
9,367
40,955
10.975
-1~608
235,219
278,013
46,603
-5,648
1,119,867
1,321,882
29,589
6,809
22,780
145
20,464
1,365
19,089
-3,816
82,354
7,355
74,999
236
97,278
6,086
91,192
236
*47
6,258
59
974,825
806,473
201,469
486,500
118,504
27,555
22,617
102
11,096,99~
911.372
150,925
604,425
156,022
18,398
285
166,937
29,019
48.083
10
206
83,345
-324
Excess of revenue, total ................................................
Loss, total .......................................................................
121,796
.38,451
Total assets (fair market value)......................................
2,991,026
1,264
-1,588
36,044
Cash, total ......................................................................
Non-interest bearing accounts ..................................
Savings and temporary cash investments................
Accounts receivable, net ...............................................
Pledges receivable, net .................................................
Grants receivable...........................................................
Receivables due from disqualified persons..................
Other notes and loans receivable .................................
Inventories .....................................................................
Prepaid expenses and deferred charges......................
Investments,-total.. ................. :.................... ...................
Securities, total
* ................
Government obligations........................................
*** ** ............ * ................ ***
Corporate stock.....................................................
Corporate bonds....................................................
Land, buildings and equipment (less
accumulated depreciation) ....................................
Mortgage loans ..........................................................
Other investments ......................................................
Charitable-purpose land, buildings and
equipment (less accumulated depreciation).............
Other assets ...................................................................
234,796
22,319
212,477
4.433
'38
5,121
704
4,417
'92
36,774
-2
*456
-4
.1
-2,458
26,523
18,054
4,747
9,663
3,644
177,786
126,568
27,168
75,062
24.338
225.825
161.368
30,748
111,352
19,257
-2,196
-1,0134
834
2,501,952
2,023,826
415,058
1,287.003
321.765
more
4,693
3.878
365
.W
Excess of revenue (less loss) .
overexpenses ....................... . ......... ...........................
Note at end of table.
160
Assets
zero or
.89
*9
41,465
18,526
418,135
8,460
48,176
60,372
19,866
14,296
134,190
51,181
137,833
3,937
24,453
-7,291
19,748
14,093
41.611
*8
25,660
52,785
-27,125
Private Foundations and Charitable Trusts, 1991
Table 4.--All 4947(a)(1) Charitable Trusts Treated as Foundations: Balance Sheets and Income
Statements, by Size of Fair Market Value of Total Assets-Continued
[All figures are estimates based on a sample-money amounts are in thousands of dollars)
Size of fair market value of total assets
Item
Total
(1)
unreported
$1
under
$100,000
(2)
(3)
Assets
zero or
$1,000,000
$1,000,000
under
$10,000,000
$10,000,000
under
$25,000,000
(4)
(5)
(6)
(7)
W166
97,252
6,086
91,166
236
$100,ODO
under
Total assets (book value) .................................
Cash, total......................................................................
Non-interest bearing accounts..................................
Savings and temporary cash investments ................
Accounts reoeivable, net ...............................................
Pledges receivable, net.................................................
Grants receivable ...........................................................
Receivables due from disqualified persons..................
Other notes and loans receivable .................................
Inventories........................................ ............................
Prepaid expenses and deferred charges......................
Investments. total ...........................................................
Securities, total ..........................................................
Government obligations........................................
Corporate stock .....................................................
Corporate bonds....................................................
Land, buildings and equipment (less
accumulated depreciation) ....................................
Mortgage loans..........................................................
Other investments ......................................................
Charitable-purpose land, buildings and
equipment (less accumulated depreciation) .............
Other assets...................................................................
2,2W,205
32,396
186,319
222,523
875,801
234,225
22,337
211,888
4,571
5,122
704
4,418
29.289
6,777
22,512
*1 45
20,433
1,365
19,068
*3.816
82,128
7,405
74,724
374
'38
Total liabilities (book value) ..............................
Total assets, beginning-of-year (book value)..........
Investments In securities,
beginning-of-year (book value).........................
Government obligations............................................
Corporate stock ........................................................
Corporate bonds ........................................................
*92
37,119
*13,066
836
1,857.389
1,462,889
374,911
798,849
289.129
456
-2,458
23,573
16,573
4,516
8,645
3,412
135,228
95,798
21,982
51,987
21,829
19,064
18,155
357,280
*9
6,991
*1,458
*846
37,126
30,388
87,482
3,237
10,886
2,254,318
2,181,933
1,345,2T7
389,678
683.276
272.323
*89
'47
*80
663
177,432
123,212
29,178
77.216
16,818
$50.000,000
61
743,699
608.305
181,346
318.569
108,390
27,555
12,983
102
777,456
619,DO1
137,889
342,432
138,680
49,751
10,642
13,925
110,827
5,585
284
152,586
*193
18,997
15,216
9,169
33,729
16,280
16,303
-1,068
*28
32,367
3Z810
507
185,812
174,966
-3,795
218,727
210,813
2,526
873,275
833,148
4,030
944,136
929,129
*107
15,675
87,644
118,471
564,885
558,495
*107
4,497
8.100
3,078
23,306
47,509
16,828
34.043
68,101
16,327
170,861
289,965
104,060
1K972
269,493
132,030
-1,379
6,603
$25,000.000
under
*Estimate should be used with caLrdon because of the small number of sample returns on which it is based.
NOTE: Detail may not add to totals because of rounding.
161
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