# Private Foundations and Charitable Trusts, 1991 > Briefs, arguments, decisions, and more. URL: https://www.frixlaw.com/law-library/documents/agency%3Airs%3A289686deecc4bfeb ## Record - **Collection:** Agency decision - **Document type:** Agency decision ## Text 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 --- Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Airs%3A289686deecc4bfeb. Public record. Not legal advice.