# Domestic Private Foundations and Charitable Trusts,

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Domestic Private Foundations and Charitable Trusts,
1996-1997
Data Release

D

150

omestic private foundations contributed $16.4
billion to charitable activities for 1997, a 13percent increase over 1996. These organizations, which file the information return Form 990-PF,
Return of Private Foundation (or Section
4947(a)(1) Charitable Trust Treated as a Private
Foundation), represent roughly one-fifth of all taxexempt entities required to file information returns
annually with the Internal Revenue Service. Like
other organizations defined as tax-exempt under
Internal Revenue Code section 501(c)(3), private
foundations support activities in such areas as health,
education, human services, arts and humanities, and
environmental preservation. The majority of private
foundations are classified as “nonoperating,” meaning
that their charitable support is generally given in the
form of grants or other outlays to organizations that
execute charitable programs. “Operating” foundations, which represent a smaller portion of Form
990-PF filers, are more directly involved in the
operation of their charitable activities, but may also
be involved in grantmaking.
Foundations are distinguished from publiclysupported organizations that file Form 990 by their
narrow spheres of support and control [1]. A private
foundation is generally controlled by an individual,
family, or corporation and is therefore subject to
more stringent IRS regulation than other types of
501(c)(3) organizations. For example, most private
foundations are required to pay an excise tax on their
“net investment income,” and nonoperating foundations are subject to a “payout” requirement, which
mandates that they annually contribute a minimum
amount, based on a percentage of the value of their
noncharitable-use assets, for charitable purposes.
Section 4947(a)(1) nonexempt charitable trusts
accounted for approximately 5 percent of all Forms
990-PF filed for 1997. These organizations, while not
exempt from income tax, also make charitable distributions annually and are subject to the same tax rules
as private foundations. Despite a nearly 28-percent
increase in total revenue received, charitable trusts
reported an 11-percent reduction in contributions,
gifts, and grants distributed.

This data release was written by Melissa Whitten, an
economist with the Special Studies Special Projects
Section, under the direction of Michael Alexander, Chief.
150

Data for 1997 are based on the returns of domestic private foundations only and do not include
information reported by foreign foundations and
charitable trusts, also required to file Form 990-PF.
These organizations, which are organized abroad but
receive certain degrees of support from U.S.
sources, usually account for about 1 percent of
Forms 990-PF filed. While foreign private foundations and charitable trusts may make charitable
distributions within the U.S., they are generally not
required to do so. In previous publications, information reported by these organizations has been included in the aggregate statistics and accompanying
tables. Beginning with 1997, foreign organizations
will no longer be included in aggregate published
data. For comparison purposes, aggregate data for
1996, excluding foreign organizations, are also included in this data release. Figure A shows the data
previously published for 1996, including foreign foundations and charitable trusts, as well as a 2-year
comparison of selected data for domestic private
foundations and charitable trusts [2].

DataSourcesandLimitations
Tables 1, 2, 5, and 6 provide information for Reporting Years 1996 and 1997 for private foundations,
while tables 3, 4, 7, and 8 provide similar data for
charitable trusts.
The statistics in this article are based on a sample
of Reporting Year 1997 Forms 990-PF that were
filed with the IRS. Organizations having accounting
periods beginning in 1997 (and therefore ending
between December 1997 and November 1998) were
required by IRS to file a 1997 Form 990-PF. Some
part-year returns were included in the samples for
organizations that changed their accounting periods,
or filed initial or final returns. Some 65 percent of the
foundations in the sample had accounting periods
covering Calendar Year 1997 or, in some cases, partyear periods that ended in December 1997. For
charitable trusts, 59 percent filed calendar year
returns. The 1997 sample was stratified based on
both the size of fair market value of total assets and
the type of organization (either a foundation or a
4947(a)(1) charitable trust).
Foundation returns were selected at rates that
ranged from approximately 2.7 percent (for the more
numerous but very small asset-size returns) to 100
percent (for the relatively few returns with large

Domestic Private Foundations and Charitable Trusts, 1996-1997

Figure A
Private Foundations and Charitable Trusts: Selected Financial Items and Percentage Changes,
1996-1997
[Money amounts are in millions of dollars.]

Private foundations
Item

Charitable trusts

Published
1996 ¹

1996

1997

Percentage

Published

change,

1996 ¹

Percentage
1996

change,

1997

1996-1997
(1)

(2)

(3)

(4)

Number of organizations.............................................................................................................
50,811
50,774
55,113

1996-1997
(5)

(6)

(7)

(8)

8.5

2,891

2,890

2,971

2.8

Total assets (fair market value).............................................................................................................
312,815.3
288,588.0
342,688.5
18.7

4,565.7

4,564.0

4,749.8

4.1
-14.4

16.6

40.9

40.9

35.0

Investments (noncash), total.............................................................................................................
291,068.0
268,327.3
323,004.2
20.4

Cash.............................................................................................................
2,738.6
2,020.7

2,356.6

4,330.8

4,329.0

4,634.5

7.1

Investments in securities, total.............................................................................................................
243,684.8
225,086.6
272,412.4
21.0

3,372.0

3,370.6

3,735.3

10.8
13.3

Government obligations.............................................................................................................
33,045.7
32,680.0
38,512.3
17.8

462.5

462.5

523.9

Corporate stock.............................................................................................................
188,482.8
171,621.3
205,327.4

19.6

2,359.8

2,358.4

2,551.6

8.2

Corporate bonds.............................................................................................................
22,156.3
20,785.3
28,572.7

37.5

549.7

549.7

659.9

20.0

Total revenue.............................................................................................................
49,601.9
48,246.8
55,459.9

15.0

27.9

497.2

497.2

636.0

Contributions, gifts, and grants received.............................................................................................................
20,964.6
20,948.9
20,224.0
-3.5

78.7

78.7

111.4

41.6

Net gain (or loss) from sales of assets.............................................................................................................
16,923.2
16,444.5
23,538.2
43.1

212.9

212.9

348.9

63.9

Dividends and interest from securities.............................................................................................................
7,956.7
7,327.3
8,295.2
13.2
Total expenses.............................................................................................................
20,618.5
19,851.8
22,413.6

12.9

Contributions, gifts, and grants paid ².............................................................................................................
15,122.8
14,519.1
16,421.0
13.1

148.4

148.4

137.2

-7.5

269.7

269.6

240.1

-10.9

214.4

214.4

190.9

-11.0

¹ Data in columns (1) and (5) were previously published, and include data for foreign foundations and charitable trusts for 1996. Data in columns (2) and (6) are recalculated to
exclude foreign foundations and charitable trusts and are comparable with 1997 data in columns (3) and (7), which are for domestic organizations only.
² These data are based on the amount of contributions, gifts, and grants that foundations actually disbursed for charitable purposes for 1996 and 1997 using the cash
receipt and disbursement method of accounting.

amounts of assets). Charitable trust returns were
selected at rates that ranged from 14.0 percent to
100 percent. The 8,410 returns in the combined
sample (7,206 foundations and 1,204 trusts) were
drawn from an estimated population of 57,463 foundations and 3,070 trusts. The magnitude of sampling
error, measured by coefficients of variation for selected items, is shown in Figure B.
The samples were designed to provide reliable
estimates of total assets and total revenue. To accomplish this, 100 percent of foundation returns with

fair market asset value of $10 million or more and
100 percent of charitable trust returns with fair market asset value of $1 million or more were included in
the samples, since these were the returns that accounted for the majority of financial activity. Efforts
were made to verify that organizations that were
selected for the sample were properly classified as
foundations or trusts. The relatively small number of
foundations in the sample that were incorrectly selected as trusts were reclassified as foundations (for
the statistics) using identification codes from the IRS

Figure B
Coefficients of Variation for Selected Items, by Type of Organization, 1996 and 1997
1996
Items

Private
foundations

1997
Charitable
trusts

Private
foundations

Charitable
trusts

Coefficients of variation (percentages)
(1)

(2)

(3)

(4)

Total assets (fair market value)............................................................................................................................
0.89
3.24

0.10

0.52

Total revenue............................................................................................................................
1.29

4.27

0.64

0.83

Total expenses............................................................................................................................
1.52

7.56

1.34

1.07

151

Domestic Private Foundations and Charitable Trusts, 1996-1997

152

152

Business Master File. However, the weights used
for these organizations were based on the original
sample selection classification. These same methods
were used for the trusts that were incorrectly
sampled as foundations.
Approximately 6 percent of all foundations,
including those reclassified as foundations, reported
$10 million or more in fair market value of total
assets for 1997. While these foundations were
selected at a rate of 100 percent, the remaining
foundation population was randomly selected for the
sample at various rates of less than 100 percent
depending on asset size: 2.7 percent for returns with
assets zero, unreported, or less than $125,000; 3.9
percent for returns with assets of $125,000 to less
than $400,000; 7.0 percent for returns with assets of
$400,000 to less than $1 million; 9.2 percent for
returns with assets of $1 million to less than $2.5
million; and 19.4 percent for returns with assets of
$2.5 million to less than $10 million.
Approximately 63 percent of all section
4947(a)(1) charitable trusts in the sample reported $1
million or more in fair market value of total assets for
1997. While these trusts were selected at a rate of
100 percent, the remaining trust population was
randomly selected for the sample at various rates of
less than 100 percent depending on asset size: 13.8
percent for returns with assets zero, unreported, or
less than $100,000; and 22.4 percent for returns with
assets of $100,000 to less than $1 million.
The population from which the 1997 sample was
drawn consisted of Form 990-PF records posted to
the IRS Business Master File during 1997 and 1998.
Some of the records designated were for organizations that were deemed inactive or terminated. Inactive and terminated organizations are not reflected in
the estimates. For the small number of active, large
foundations whose returns 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,
prior-year data of those trusts were in most instances
used as a substitute.
The data presented were obtained from returns
as originally filed with IRS. The data were subject to
comprehensive testing and correction procedures in
order to increase statistical reliability and validity. In
most cases, changes made to the original return as a

result of administrative processing, audit procedures,
or a taxpayer amendment were not incorporated. A
general discussion of the reliability of estimates based
on samples, methods for evaluating both the magnitude of sampling and non-sampling error, and the
precision of sample estimates can be found in the
general Appendix to this issue of the SOI Bulletin.

ExplanationofTerms
Charitable Trust.— A charitable trust, also
referred to as a “nonexempt” charitable trust, is
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) that has amounts in
trust 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 that apply to
private foundations and are required to file Form
990-PF. (Most “publicly supported” nonexempt
charitable trusts are required to file Form 990, Return
of Organization Exempt From Income Tax, and
are, therefore, not included in these statistics.) Nonexempt charitable trusts that are treated as private
foundations 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 1041, U.S. Income Tax Return for Estates and Trusts. Data from this form
are not included in this article.
Distributable (Payout) Amount.— This is the
minimum payout amount that was required to be
distributed by nonoperating foundations by the end of
the year following the year for which the return was
filed. Failure to distribute income within this time
period resulted in a 15-percent excise tax on the
undistributed portion. The distributable amount was
computed as 5 percent of the average monthly value
of net investment assets, called the “minimum investment return,” minus the excise tax on net investment
income and the income tax under Subtitle A, plus or
minus other adjustments, either allowed or required.
Excess Distributions Carryover.— This is the
amount distributed, after fulfilling the charitable
payout requirement, that equaled the excess of qualifying distributions for 1997 over the distributable
amount. Excess amounts from the current year may
be carried forward to be applied to the distributable

Domestic Private Foundations and Charitable Trusts, 1996-1997

amount for the 5 following years. This item was
reported on Form 990-PF, Part XIII, line 9.
Minimum Investment Return.— This is 5 percent
of the average monthly fair market value of assets
not used for charitable purposes, less both the indebtedness incurred to acquire these assets and the cash
held for charitable activities. The minimum investment return was used as the base for calculating the
“distributable amount.” This item was reported on
Form 990-PF, Part X, line 6.
Nonoperating Foundations (and Charitable
Trusts).— These are organizations that generally
carried on their charitable activities in an indirect
manner by making grants to other organizations
directly engaged in charitable activities, in contrast to
operating foundations and trusts that engaged in
charitable activities themselves. However, some
nonoperating foundations and trusts were actively
involved in charitable programs of their own, in addition to making grants. Nonoperating foundations and
trusts were subject to an excise tax (and possible
additional penalties) for failure to distribute an annual
minimum amount for charitable purposes within a
required time period. An organization’s status as a
nonoperating foundation or trust was indicated on
Form 990-PF, Part VII, line 9.
Operating Foundations (and Charitable
Trusts).— These organizations generally expended
their income for direct, active involvement in a
tax-exempt 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 1997, the 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.”
To meet the income test, a foundation or trust
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). Simply put, to
meet the assets test, a foundation or trust had to
directly use 65 percent or more of its assets for the
active conduct of charitable activities. To meet the
endowment test, a foundation or trust had to regularly

make distributions for the active conduct of charitable
activities in an amount not less than two-thirds of its
“minimum investment return.” To meet the support
test, a foundation or trust had to regularly receive
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) from any one such qualifying exempt organization; and (b) no more than 50
percent of its support from gross investment income.
Distributions made by a private nonoperating
foundation or trust to an operating foundation or trust
qualified toward meeting the nonoperating
organization’s distribution requirement. (Distributions
made by one nonoperating foundation or trust to
another were subject to a number of conditions and
restrictions requiring a “pass-through” of the distribution, whereby the donor organization received credit
for a qualifying distribution but the donee organization
did not.) Additionally, contributions to operating
foundations or trusts, along with contributions to most
other charitable organizations, were deductible on the
donor’s individual income tax return up to 50 percent
of the “adjusted gross income” (as opposed to 30
percent for contributions to nonoperating foundations).
While most operating foundations paid the excise
tax on net investment income, 17 percent of operating
foundations were considered exempt from this tax for
1997 under section 4940(d)(2) of the Internal Revenue Code. In order to be exempt, an operating
foundation was required to meet the following requirements in any given year: (1) maintain public
support for a minimum of 10 taxable years; (2) maintain a governing body at all times that is broadly
representative of the general public and that is comprised of no more than 25 percent disqualified individuals (defined as substantial contributors, foundation managers, persons with more than 20 percent
ownership in an enterprise that is itself a substantial
contributor, or a family member of one of the above
types of disqualified persons); and (3) at no time
during the year include a disqualified individual as an
officer of the foundation. An organization’s status as
an operating foundation or trust was indicated on
Form 990-PF, Part VII, line 9.
Private Foundation.— A private foundation is
defined in Internal Revenue Code section 501(c)(3)

153

Domestic Private Foundations and Charitable Trusts, 1996-1997

154

as a nonprofit organization with a narrow source of
funds that operated or supported educational, scientific, charitable, religious, and other programs dedicated to improving the general welfare of society. A
private foundation qualified for tax-exempt status
under Code section 501(c)(3) but was not (1) a
church, school, hospital, or medical research organization; (2) an organization with broad public support
in the form of contributions or income from
tax-exempt activities; (3) an organization that was
operated by, or in connection with, any of the above
described organizations; or (4) an organization that
conducted tests for public safety. The primary difference between a private foundation and a public
charity was the sources of the organization’s funding.
A foundation was typically funded primarily by an
individual, a family, or a corporation, while a public
charity received its funds from a large number of
sources within the general public.
Qualifying Distributions.— Qualifying distributions include disbursements for charitable purposes
(grants, direct expenditures to accomplish charitable
purposes, and charitable-purpose operating and
administrative expenses); amounts paid to acquire
assets used directly to accomplish tax-exempt 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.” This item was reported on Form
990-PF, Part XII, line 4.
Undistributed Income.— This is the portion of
the required “distributable amount” still undistributed
after applying against it the sum of current-year
qualifying distributions and any excess distributions
carried over from prior years. Sanctions were imposed in the form of excise taxes on private foundations that did not pay out an amount equal to the
“distributable amount” by the end of the following tax
year. This item was reported on Form 990-PF, Part
XIII, line 6f, column (d).

Notes and References
[1] For information on charities and other taxexempt organizations, see Arnsberger, Paul,
“Charities and Other Tax-Exempt Organizations,
1997,” in this issue.
[2] For detailed information and data sources and
limitations statistics on private foundations and
charitable trusts, including foreign foundations
and charitable trusts, for 1996, see Whitten,
Melissa, “Private Foundations and Charitable
Trusts, 1996,” Statistics of Income Bulletin,
Fall 1999, Volume 19, Number 2.
SOURCE: IRS, Statistics of Income Bulletin, Fall
2000, Publication 1136 (Rev. 11-2000)

154

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 1.--All Domestic Private Foundations, 1996: Number and Selected Financial Data, by Type of
Foundation and Size of Fair Market Value of Total Assets
[All figures are estimates based on a sample--money amounts are in thousands dollars]
Selected sources of revenue
Type of foundation,

Number

size of fair market value

of

of total assets

returns

Total revenue
Number
of returns

(1)

(2)

Amount
(3)

Contributions, gifts,

Dividends and interest

Net gain (or loss)

and grants received
Number
Amount
of returns

from securities
Number
Amount
of returns

from sales of assets
Number
Amount
of returns

(4)

(5)

(6)

(7)

(8)

(9)

All foundations
Total...............................................................................
50,774
49,688
48,246,836
Zero or unreported.........................................................................
1,124
1,008
100,847
$1 under $100,000.........................................................................
15,409
14,496
560,356
$100,000 under $1,000,000.........................................................................
19,296
19,270
2,093,708
$1,000,000 under $10,000,000.........................................................................
11,838
11,808
7,194,907
$10,000,000 under $25,000,000.........................................................................
1,759
1,758
4,877,517
$25,000,000 under $50,000,000.........................................................................
649
649
3,750,718
$50,000,000 under $100,000,000.........................................................................
351
351
3,921,232
$100,000,000 or more.........................................................................
348
348
25,747,551

25,482
628
8,564
9,460
5,423
806
293
151
156

20,948,937
98,429
391,625
1,424,398
3,791,871
2,351,981
1,607,482
1,510,960
9,772,188

33,836
*117
5,318
14,837
10,597
1,663
623
338
344

7,327,282
*3,347
9,590
205,645
1,055,383
756,780
591,165
666,687
4,038,686

24,703
*191
2,722
9,880
9,102
1,560
590
332
328

16,444,511
*-3,911
133,670
236,133
1,619,757
1,374,396
1,153,788
1,519,624
10,411,052

Nonoperating foundations
Total...............................................................................
46,066
45,162
44,430,218
Zero or unreported.........................................................................
1,124
1,008
100,847
$1 under $100,000.........................................................................
13,432
12,702
509,988
$100,000 under $1,000,000.........................................................................
17,722
17,696
1,797,418
$1,000,000 under $10,000,000.........................................................................
10,931
10,901
6,618,169
$10,000,000 under $25,000,000.........................................................................
1,615
1,614
4,513,171
$25,000,000 under $50,000,000.........................................................................
604
604
3,552,347
$50,000,000 under $100,000,000.........................................................................
321
321
3,511,942
$100,000,000 or more.........................................................................
317
317
23,826,336

22,466
628
7,397
8,469
4,770
690
257
127
128

19,622,586
98,429
341,641
1,231,418
3,454,120
2,251,066
1,561,962
1,272,648
9,411,301

32,052
*117
4,982
14,171
10,030
1,543
579
314
315

6,884,854
*3,347
9,267
197,233
1,006,685
713,282
558,723
625,734
3,770,583

23,596
*191
2,612
9,519
8,673
1,449
548
305
301

15,345,347
*-3,911
136,621
224,358
1,554,058
1,310,698
1,097,850
1,425,123
9,600,549

Operating foundations
Total...............................................................................
4,708
4,526
Zero or unreported.........................................................................
--$1 under $100,000.........................................................................
1,977
1,795
$100,000 under $1,000,000.........................................................................
1,574
1,574
$1,000,000 under $10,000,000.........................................................................
907
907
$10,000,000 under $25,000,000.........................................................................
144
144
$25,000,000 under $50,000,000.........................................................................
45
45
$50,000,000 under $100,000,000.........................................................................
30
30
$100,000,000 or more.........................................................................
31
31

3,816,618
-50,368
296,290
576,738
364,347
198,371
409,290
1,921,214

3,015
-1,167
992
653
116
36
24
28

1,326,351
-49,984
192,981
337,751
100,916
45,520
238,312
360,887

1,784
-*336
665
566
120
44
24
29

442,428
-*323
8,412
48,698
43,498
32,442
40,953
268,102

1,107
-*110
362
429
111
42
27
27

1,099,164
-*-2,951
11,775
65,700
63,698
55,939
94,501
810,504

Grantmaking foundations
Total...............................................................................
40,863
40,606
43,608,718
Zero or unreported.........................................................................
613
570
95,287
$1 under $100,000.........................................................................
10,466
10,284
495,191
$100,000 under $1,000,000.........................................................................
16,165
16,139
1,485,007
$1,000,000 under $10,000,000.........................................................................
10,706
10,701
5,966,444
$10,000,000 under $25,000,000.........................................................................
1,638
1,638
4,396,901
$25,000,000 under $50,000,000.........................................................................
613
613
3,411,777
$50,000,000 under $100,000,000.........................................................................
333
333
3,571,625
$100,000,000 or more.........................................................................
329
329
24,186,486

19,289
372
5,731
7,344
4,587
717
263
135
140

17,760,556
93,812
334,091
989,581
2,998,847
2,084,804
1,376,001
1,260,488
8,622,934

30,723
*81
4,347
13,474
10,012
1,568
591
325
325

7,079,313
*3,049
7,846
195,077
1,006,901
724,487
568,248
649,784
3,923,920

22,909
*154
2,356
9,078
8,652
1,481
559
317
312

15,983,544
*-3,989
132,332
206,126
1,536,171
1,324,181
1,126,783
1,476,577
10,185,363

Grantmaking-nonoperating foundations
Total...............................................................................
38,659
38,403
41,315,088
Zero or unreported.........................................................................
613
570
95,287
$1 under $100,000.........................................................................
9,555
9,373
459,198
$100,000 under $1,000,000.........................................................................
15,377
15,351
1,360,416
$1,000,000 under $10,000,000.........................................................................
10,313
10,308
5,749,139
$10,000,000 under $25,000,000.........................................................................
1,577
1,577
4,251,830
$25,000,000 under $50,000,000.........................................................................
594
594
3,342,244
$50,000,000 under $100,000,000.........................................................................
318
318
3,351,940
$100,000,000 or more.........................................................................
313
313
22,705,035

18,075
372
5,302
6,889
4,346
668
249
124
125

16,996,705
93,812
298,846
878,755
2,860,518
2,028,030
1,358,151
1,128,527
8,350,066

29,843
*81
4,194
13,107
9,749
1,516
572
313
311

6,808,592
*3,049
7,688
189,593
986,826
707,622
555,932
625,258
3,732,624

22,312
*154
2,283
8,859
8,441
1,432
542
304
297

15,229,065
*-3,989
135,331
205,393
1,499,677
1,290,922
1,097,434
1,424,599
9,579,698

Grantmaking-operating foundations
Total...............................................................................
2,204
2,204
Zero or unreported.........................................................................
--$1 under $100,000.........................................................................
911
911
$100,000 under $1,000,000.........................................................................
788
788
$1,000,000 under $10,000,000.........................................................................
393
393
$10,000,000 under $25,000,000.........................................................................
61
61
$25,000,000 under $50,000,000.........................................................................
19
19
$50,000,000 under $100,000,000.........................................................................
15
15
$100,000,000 or more.........................................................................
16
16

1,214
-429
455
240
49
14
11
15

763,851
-35,244
110,825
138,329
56,774
17,849
131,961
272,868

879
-*153
366
263
52
19
12
14

270,721
-*158
5,485
20,075
16,865
12,316
24,526
191,296

598
-*73
220
211
49
17
13
15

754,480
-*-3,000
733
36,494
33,259
29,349
51,979
605,666

2,293,630
-35,993
124,591
217,305
145,071
69,533
219,686
1,481,451

Footnotes at end of table.

155

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 1.--All Domestic Private Foundations, 1996: 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 a sample--money amounts are in thousands dollars]
Excess of revenue
Type of foundation,

Total expenses
Number
of returns

(10)

156

Amount

(11)

over expenses
Number
Amount
of returns

(12)

(13)

Number
of returns

(14)

Amount

(15)

for exempt
purposes
Number
Amount
of returns

(16)

(17)

All foundations
Total............................................................................... 48,782
19,851,784
Zero or unreported.........................................................................
1,015
216,015
$1 under $100,000.........................................................................
14,329
549,822
$100,000 under $1,000,000.........................................................................
18,685
1,215,821
$1,000,000 under $10,000,000.........................................................................
11,656
3,615,991
$10,000,000 under $25,000,000.........................................................................
1,755
2,089,089
$25,000,000 under $50,000,000.........................................................................
645
1,774,475
$50,000,000 under $100,000,000.........................................................................
350
1,495,601
$100,000,000 or more.........................................................................
348
8,894,970

49,518
643
14,752
19,234
11,786
1,758
648
351
348

28,395,052
-115,169
10,535
877,888
3,578,916
2,788,428
1,976,243
2,425,631
16,852,580

43,548
526
10,510
17,977
11,453
1,744
643
348
348

26,188,510
9,728
160,546
611,638
3,433,785
2,436,677
2,076,501
2,469,547
14,990,088

45,876
796
12,665
17,960
11,389
1,729
642
349
347

16,881,138
203,850
497,467
1,048,556
3,012,753
1,830,936
1,523,986
1,234,129
7,529,461

Nonoperating foundations
Total............................................................................... 44,182
17,980,256
Zero or unreported.........................................................................
1,015
216,015
$1 under $100,000.........................................................................
12,425
494,350
$100,000 under $1,000,000.........................................................................
17,125
982,881
$1,000,000 under $10,000,000.........................................................................
10,769
3,267,004
$10,000,000 under $25,000,000.........................................................................
1,611
1,852,888
$25,000,000 under $50,000,000.........................................................................
600
1,650,477
$50,000,000 under $100,000,000.........................................................................
320
1,368,138
$100,000,000 or more.........................................................................
317
8,148,503

44,954
643
12,884
17,679
10,894
1,614
603
321
317

26,449,962
-115,169
15,639
814,538
3,351,164
2,660,282
1,901,870
2,143,803
15,677,834

40,029
526
9,313
16,673
10,676
1,606
599
319
317

24,420,803
9,728
156,031
581,290
3,261,740
2,317,870
1,984,763
2,319,463
13,789,919

41,686
796
10,950
16,575
10,541
1,591
598
319
316

15,455,577
203,850
457,732
897,084
2,732,359
1,666,136
1,438,865
1,140,007
6,919,543

Operating foundations
Total............................................................................... 4,600
1,871,528
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
1,904
55,472
$100,000 under $1,000,000.........................................................................
1,559
232,940
$1,000,000 under $10,000,000.........................................................................
886
348,986
$10,000,000 under $25,000,000.........................................................................
144
236,201
$25,000,000 under $50,000,000.........................................................................
45
123,998
$50,000,000 under $100,000,000.........................................................................
30
127,462
$100,000,000 or more.........................................................................
31
746,468

4,564
-1,868
1,555
892
144
45
30
31

1,945,090
--5,104
63,350
227,752
128,146
74,373
281,828
1,174,747

3,519
-1,196
1,304
776
138
44
29
31

1,767,707
-4,515
30,348
172,045
118,807
91,739
150,084
1,200,169

4,191
-1,715
1,385
848
138
44
30
31

1,425,561
-39,735
151,472
280,394
164,800
85,120
94,121
609,918

Grantmaking foundations
Total............................................................................... 40,862
18,467,071
Zero or unreported.........................................................................
613
203,887
$1 under $100,000.........................................................................
10,466
505,108
$100,000 under $1,000,000.........................................................................
16,165
970,499
$1,000,000 under $10,000,000.........................................................................
10,705
3,061,601
$10,000,000 under $25,000,000.........................................................................
1,638
1,920,881
$25,000,000 under $50,000,000.........................................................................
613
1,686,733
$50,000,000 under $100,000,000.........................................................................
333
1,400,782
$100,000,000 or more.........................................................................
329
8,717,579

40,570
423
10,393
16,136
10,704
1,638
613
333
329

25,141,647
-108,600
-9,917
514,508
2,904,843
2,476,019
1,725,044
2,170,843
15,468,906

37,975
344
8,443
15,724
10,566
1,628
610
332
329

25,251,932
9,092
155,912
544,596
3,179,404
2,327,006
1,998,375
2,402,120
14,635,427

40,863
613
10,466
16,165
10,706
1,638
613
333
329

16,122,966
202,867
476,114
913,773
2,771,658
1,713,712
1,471,236
1,184,240
7,389,365

Grantmaking-nonoperating foundations
Total............................................................................... 38,658
17,457,783
Zero or unreported.........................................................................
613
203,887
$1 under $100,000.........................................................................
9,555
462,590
$100,000 under $1,000,000.........................................................................
15,377
880,914
$1,000,000 under $10,000,000.........................................................................
10,312
2,952,194
$10,000,000 under $25,000,000.........................................................................
1,577
1,837,574
$25,000,000 under $50,000,000.........................................................................
594
1,649,416
$50,000,000 under $100,000,000.........................................................................
318
1,330,077
$100,000,000 or more.........................................................................
313
8,141,130

38,366
423
9,482
15,348
10,311
1,577
594
318
313

23,857,306
-108,600
-3,392
479,502
2,796,944
2,414,255
1,692,828
2,021,863
14,563,905

36,185
344
7,795
15,044
10,209
1,571
592
317
313

24,094,102
9,092
152,447
534,535
3,121,046
2,272,993
1,955,383
2,316,451
13,732,154

38,659
613
9,555
15,377
10,313
1,577
594
318
313

15,307,333
202,867
448,098
831,814
2,677,200
1,660,289
1,438,755
1,133,365
6,914,945

Grantmaking-operating foundations
Total............................................................................... 2,204
1,009,288
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
911
42,518
$100,000 under $1,000,000.........................................................................
788
89,585
$1,000,000 under $10,000,000.........................................................................
393
109,407
$10,000,000 under $25,000,000.........................................................................
61
83,307
$25,000,000 under $50,000,000.........................................................................
19
37,317
$50,000,000 under $100,000,000.........................................................................
15
70,705
$100,000,000 or more.........................................................................
16
576,449

2,204
-911
788
393
61
19
15
16

1,284,342
--6,525
35,006
107,899
61,764
32,216
148,980
905,001

1,791
-648
680
357
57
18
15
16

1,157,830
-3,466
10,060
58,357
54,013
42,992
85,669
903,273

2,204
-911
788
393
61
19
15
16

815,632
-28,016
81,958
94,458
53,423
32,482
50,876
474,421

Footnotes at end of table.

156

Disbursements
Net investment income

1

size of fair market value
of total assets

(less loss)

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 1.--All Domestic Private Foundations, 1996: 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 a sample--money amounts are in thousands dollars]
Total

Contributions,
Type of foundation,

gifts, and
grants paid ²

size of fair market value
of total assets

Number
of returns
(18)

Amount
(19)

Excise tax on
net investment income
Number
Amount
of returns
(20)

(21)

Total assets (book value)

investment assets
(book value)

Number
of returns
(22)

Amount
(23)

Number
of returns
(24)

Amount
(25)

All foundations
Total............................................................................... 40,863
14,519,057
Zero or unreported.........................................................................
613
202,250
$1 under $100,000.........................................................................
10,466
460,315
$100,000 under $1,000,000.........................................................................
16,165
834,184
$1,000,000 under $10,000,000.........................................................................
10,706
2,592,988
$10,000,000 under $25,000,000.........................................................................
1,638
1,586,649
$25,000,000 under $50,000,000.........................................................................
613
1,358,606
$50,000,000 under $100,000,000.........................................................................
333
1,058,090
$100,000,000 or more.........................................................................
329
6,425,973

41,039
337
9,071
17,464
11,188
1,694
617
337
332

369,481
105
3,071
9,849
53,446
37,664
30,908
36,593
197,844

49,755
*111
15,409
19,296
11,833
1,759
649
351
348

232,564,949
*26,246
423,614
6,581,724
29,627,626
21,294,858
17,289,693
19,011,402
138,309,786

42,937
*38
9,991
18,198
11,615
1,749
648
351
348

214,354,816
*25,141
309,056
5,630,052
26,703,270
19,742,456
16,064,909
17,991,128
127,888,803

Nonoperating foundations
Total............................................................................... 38,659
14,182,865
Zero or unreported.........................................................................
613
202,250
$1 under $100,000.........................................................................
9,555
435,966
$100,000 under $1,000,000.........................................................................
15,377
790,375
$1,000,000 under $10,000,000.........................................................................
10,313
2,560,124
$10,000,000 under $25,000,000.........................................................................
1,577
1,571,705
$25,000,000 under $50,000,000.........................................................................
594
1,348,941
$50,000,000 under $100,000,000.........................................................................
318
1,046,467
$100,000,000 or more.........................................................................
313
6,227,036

38,345
337
8,167
16,387
10,623
1,600
596
318
317

357,068
105
2,989
9,354
51,436
36,481
30,226
34,835
191,641

45,047
*111
13,432
17,722
10,926
1,615
604
321
317

210,438,763
*26,246
370,289
5,995,143
27,248,618
19,347,007
15,879,859
17,265,284
124,306,318

39,590
*38
8,985
16,901
10,817
1,610
603
321
317

198,521,467
*25,141
281,225
5,340,213
25,286,714
18,433,300
15,059,846
16,595,805
117,499,223

Operating foundations
Total............................................................................... 2,204
336,192
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
911
24,349
$100,000 under $1,000,000.........................................................................
788
43,809
$1,000,000 under $10,000,000.........................................................................
393
32,864
$10,000,000 under $25,000,000.........................................................................
61
14,945
$25,000,000 under $50,000,000.........................................................................
19
9,665
$50,000,000 under $100,000,000.........................................................................
15
11,623
$100,000,000 or more.........................................................................
16
198,937

2,694
-904
1,077
564
94
21
19
15

12,413
-82
495
2,010
1,183
682
1,758
6,202

4,708
-1,977
1,574
907
144
45
30
31

22,126,186
-53,326
586,581
2,379,008
1,947,852
1,409,834
1,746,118
14,003,468

3,348
-1,007
1,297
798
139
45
30
31

15,833,349
-27,831
289,840
1,416,556
1,309,156
1,005,063
1,395,323
10,389,580

Grantmaking foundations
Total............................................................................... 40,863
14,519,057
Zero or unreported.........................................................................
613
202,250
$1 under $100,000.........................................................................
10,466
460,315
$100,000 under $1,000,000.........................................................................
16,165
834,184
$1,000,000 under $10,000,000.........................................................................
10,706
2,592,988
$10,000,000 under $25,000,000.........................................................................
1,638
1,586,649
$25,000,000 under $50,000,000.........................................................................
613
1,358,606
$50,000,000 under $100,000,000.........................................................................
333
1,058,090
$100,000,000 or more.........................................................................
329
6,425,973

36,604
*264
7,494
15,504
10,481
1,614
599
327
323

358,883
*93
2,986
8,594
49,494
36,325
30,024
35,683
195,683

40,288
*38
10,466
16,165
10,706
1,638
613
333
329

220,315,686
*13,305
323,163
5,507,593
26,778,874
19,732,111
16,170,783
18,070,841
133,719,016

36,747
*1
7,633
15,602
10,602
1,634
613
333
329

205,182,822
*12,679
246,060
4,979,340
24,976,030
18,628,214
15,241,537
17,244,779
123,854,183

Grantmaking-nonoperating foundations
Total............................................................................... 38,659
14,182,865
Zero or unreported.........................................................................
613
202,250
$1 under $100,000.........................................................................
9,555
435,966
$100,000 under $1,000,000.........................................................................
15,377
790,375
$1,000,000 under $10,000,000.........................................................................
10,313
2,560,124
$10,000,000 under $25,000,000.........................................................................
1,577
1,571,705
$25,000,000 under $50,000,000.........................................................................
594
1,348,941
$50,000,000 under $100,000,000.........................................................................
318
1,046,467
$100,000,000 or more.........................................................................
313
6,227,036

35,100
*264
6,955
14,923
10,172
1,568
589
317
313

350,906
*93
2,922
8,448
48,721
35,675
29,647
34,785
190,614

38,084
*38
9,555
15,377
10,313
1,577
594
318
313

205,889,570
*13,305
296,560
5,245,339
25,823,698
18,883,377
15,606,147
17,071,583
122,949,561

35,040
*1
7,101
14,894
10,245
1,574
594
318
313

194,896,473
*12,679
232,286
4,810,412
24,300,229
18,047,012
14,818,125
16,448,782
116,226,947

Grantmaking-operating foundations
Total............................................................................... 2,204
336,192
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
911
24,349
$100,000 under $1,000,000.........................................................................
788
43,809
$1,000,000 under $10,000,000.........................................................................
393
32,864
$10,000,000 under $25,000,000.........................................................................
61
14,945
$25,000,000 under $50,000,000.........................................................................
19
9,665
$50,000,000 under $100,000,000.........................................................................
15
11,623
$100,000,000 or more.........................................................................
16
198,937

1,504
-539
581
309
46
10
10
10

7,977
-64
146
773
650
377
899
5,069

2,204
-911
788
393
61
19
15
16

14,426,116
-26,603
262,254
955,176
848,734
564,636
999,258
10,769,455

1,707
-532
708
357
60
19
15
16

10,286,350
-13,774
168,928
675,801
581,202
423,412
795,997
7,627,235

Footnotes at end of table.

157

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 1.--All Domestic Private Foundations, 1996: 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 a sample--money amounts are in thousands dollars]
Type of foundation,
size of fair market value
of total assets

Number
of returns
(26)

158

Amount
(27)

obligations
Number
Amount
of returns
(28)

(29)

Corporate
bonds

stock
Number
of returns
(30)

Amount
(31)

Number
of returns
(32)

Amount
(33)

All foundations
Total............................................................................... 31,467
174,578,908
Zero or unreported.........................................................................
*1
*12,606
$1 under $100,000.........................................................................
4,188
120,442
$100,000 under $1,000,000.........................................................................
13,971
3,696,126
$1,000,000 under $10,000,000.........................................................................
10,357
19,726,313
$10,000,000 under $25,000,000.........................................................................
1,648
15,077,032
$25,000,000 under $50,000,000.........................................................................
615
12,320,491
$50,000,000 under $100,000,000.........................................................................
347
15,026,989
$100,000,000 or more.........................................................................
341
108,598,909

14,310
*1
1,203
5,114
5,874
1,133
444
268
273

31,491,180
*3,438
26,142
815,401
4,872,785
3,445,168
2,832,611
3,505,770
15,989,865

27,135
*1
2,904
11,877
9,529
1,572
579
338
335

122,647,735
*4,528
66,160
2,325,621
11,888,941
9,307,496
7,653,746
9,573,821
81,827,422

12,536
*1
1,094
4,334
5,190
1,014
405
238
260

20,439,993
*4,639
28,140
555,104
2,964,587
2,324,369
1,834,135
1,947,398
10,781,621

Nonoperating foundations
Total............................................................................... 29,854
161,684,968
Zero or unreported.........................................................................
*1
*12,606
$1 under $100,000.........................................................................
3,888
113,538
$100,000 under $1,000,000.........................................................................
13,461
3,593,858
$1,000,000 under $10,000,000.........................................................................
9,765
18,829,775
$10,000,000 under $25,000,000.........................................................................
1,539
14,169,948
$25,000,000 under $50,000,000.........................................................................
571
11,621,815
$50,000,000 under $100,000,000.........................................................................
317
13,966,930
$100,000,000 or more.........................................................................
312
99,376,499

13,546
*1
1,057
4,968
5,571
1,043
411
247
248

29,084,148
*3,438
22,769
800,520
4,693,375
3,236,346
2,670,902
3,221,971
14,434,826

25,913
*1
2,788
11,471
9,024
1,470
543
310
307

113,517,699
*4,528
64,020
2,266,366
11,318,520
8,760,763
7,236,416
8,992,844
74,874,242

11,812
*1
1,057
4,073
4,909
935
378
218
241

19,083,121
*4,639
26,748
526,972
2,817,880
2,172,839
1,714,496
1,752,115
10,067,431

Operating foundations
Total............................................................................... 1,613
12,893,941
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
*299
*6,904
$100,000 under $1,000,000.........................................................................
510
102,269
$1,000,000 under $10,000,000.........................................................................
593
896,538
$10,000,000 under $25,000,000.........................................................................
109
907,084
$25,000,000 under $50,000,000.........................................................................
44
698,676
$50,000,000 under $100,000,000.........................................................................
30
1,060,059
$100,000,000 or more.........................................................................
29
9,222,410

764
-*146
*146
303
90
33
21
25

2,407,033
-*3,373
*14,881
179,410
208,822
161,708
283,799
1,555,040

1,221
-*116
406
504
102
36
28
28

9,130,036
-*2,140
59,255
570,422
546,733
417,329
580,977
6,953,180

723
-*37
261
281
79
27
20
19

1,356,872
-*1,392
28,132
146,707
151,530
119,639
195,283
714,190

Grantmaking foundations
Total............................................................................... 28,272
167,765,031
Zero or unreported.........................................................................
*1
*12,606
$1 under $100,000.........................................................................
3,370
101,856
$100,000 under $1,000,000.........................................................................
12,405
3,329,343
$1,000,000 under $10,000,000.........................................................................
9,705
18,753,616
$10,000,000 under $25,000,000.........................................................................
1,559
14,304,522
$25,000,000 under $50,000,000.........................................................................
582
11,673,065
$50,000,000 under $100,000,000.........................................................................
329
14,506,035
$100,000,000 or more.........................................................................
322
105,083,988

13,133
*1
984
4,619
5,533
1,061
422
257
256

30,163,136
*3,438
22,184
760,402
4,656,877
3,278,566
2,682,609
3,361,483
15,397,576

24,659
*1
2,452
10,563
8,965
1,486
553
323
317

118,515,257
*4,528
55,639
2,046,877
11,238,260
8,852,797
7,292,481
9,344,019
79,680,655

11,544
*1
838
3,946
4,951
948
384
228
248

19,086,638
*4,639
24,033
522,064
2,858,478
2,173,159
1,697,975
1,800,533
10,005,757

Grantmaking-nonoperating foundations
Total............................................................................... 27,499
159,096,271
Zero or unreported.........................................................................
*1
*12,606
$1 under $100,000.........................................................................
3,254
98,732
$100,000 under $1,000,000.........................................................................
12,107
3,264,686
$1,000,000 under $10,000,000.........................................................................
9,442
18,346,613
$10,000,000 under $25,000,000.........................................................................
1,511
13,911,194
$25,000,000 under $50,000,000.........................................................................
563
11,399,474
$50,000,000 under $100,000,000.........................................................................
314
13,821,819
$100,000,000 or more.........................................................................
308
98,241,148

12,813
*1
911
4,575
5,407
1,023
406
246
244

28,539,497
*3,438
19,635
756,037
4,595,206
3,181,600
2,586,502
3,220,767
14,176,312

24,044
*1
2,409
10,310
8,733
1,443
538
308
303

112,202,433
*4,528
55,064
2,009,775
10,972,526
8,607,579
7,146,227
8,922,635
74,484,098

11,166
*1
838
3,758
4,820
919
375
216
238

18,354,342
*4,639
24,033
498,875
2,778,881
2,122,014
1,666,745
1,678,417
9,580,737

Grantmaking-operating foundations
Total...............................................................................
773
8,668,759
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
*116
*3,125
$100,000 under $1,000,000.........................................................................
298
64,657
$1,000,000 under $10,000,000.........................................................................
263
407,003
$10,000,000 under $25,000,000.........................................................................
48
393,329
$25,000,000 under $50,000,000.........................................................................
19
273,591
$50,000,000 under $100,000,000.........................................................................
15
684,216
$100,000,000 or more.........................................................................
14
6,842,840

320
-*73
*44
126
38
16
11
12

1,623,639
-*2,550
*4,365
61,671
96,966
96,107
140,716
1,221,264

615
-*43
253
232
43
15
15
14

6,312,824
-*575
37,102
265,734
245,218
146,254
421,384
5,196,557

379
--188
131
29
9
12
10

732,296
--23,189
79,597
51,145
31,229
122,116
425,019

Footnotes at end of table.

158

Investments in securities (book value)
Government
Corporate

Total

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 1.--All Domestic Private Foundations, 1996: 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 a sample--money amounts are in thousands dollars]
Total

Total

Type of foundation,

assets

investment assets

size of fair market value

(fair market value)
Number
Amount
of returns

of total assets

(34)

(35)

(fair market value)
Number
of returns

(36)

Amount

(37)

Investments in securities (fair market value)
Government
Total
obligations
Number
Number
Amount
Amount
of returns
of returns

(38)

(39)

(40)

(41)

All foundations
Total............................................................................... 49,650
288,587,974
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
15,409
440,769
$100,000 under $1,000,000.........................................................................
19,296
7,628,984
$1,000,000 under $10,000,000.........................................................................
11,838
37,034,115
$10,000,000 under $25,000,000.........................................................................
1,759
27,396,002
$25,000,000 under $50,000,000.........................................................................
649
22,467,192
$50,000,000 under $100,000,000.........................................................................
351
24,520,885
$100,000,000 or more.........................................................................
348
169,100,026

42,983
-10,065
18,198
11,625
1,749
648
351
348

268,327,285
-325,187
6,681,258
33,854,883
25,665,289
21,042,358
23,411,386
157,346,925

31,398
-4,188
13,891
10,367
1,648
616
346
342

225,086,584
-142,120
4,675,363
26,306,344
20,651,356
16,839,892
19,994,690
136,476,818

14,304
-1,203
5,100
5,883
1,133
444
267
274

32,679,980
-27,122
845,196
4,969,254
3,519,861
2,876,273
3,595,141
16,847,133

Nonoperating foundations
Total............................................................................... 44,941
262,738,706
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
13,432
386,479
$100,000 under $1,000,000.........................................................................
17,722
7,008,996
$1,000,000 under $10,000,000.........................................................................
10,931
34,213,921
$10,000,000 under $25,000,000.........................................................................
1,615
25,179,330
$25,000,000 under $50,000,000.........................................................................
604
20,828,540
$50,000,000 under $100,000,000.........................................................................
321
22,344,594
$100,000,000 or more.........................................................................
317
152,776,845

39,594
-9,021
16,901
10,822
1,610
603
321
317

250,169,879
-296,959
6,351,804
32,129,937
24,172,128
19,893,411
21,627,301
145,698,339

29,778
-3,888
13,382
9,770
1,539
572
316
312

210,520,351
-134,969
4,545,542
25,147,856
19,588,976
16,038,874
18,640,900
126,423,232

13,539
-1,057
4,953
5,580
1,043
411
246
248

30,254,070
-23,644
830,391
4,786,394
3,308,323
2,707,753
3,311,029
15,286,536

Operating foundations
Total............................................................................... 4,708
25,849,268
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
1,977
54,290
$100,000 under $1,000,000.........................................................................
1,574
619,988
$1,000,000 under $10,000,000.........................................................................
907
2,820,194
$10,000,000 under $25,000,000.........................................................................
144
2,216,671
$25,000,000 under $50,000,000.........................................................................
45
1,638,652
$50,000,000 under $100,000,000.........................................................................
30
2,176,291
$100,000,000 or more.........................................................................
31
16,323,181

3,389
-1,043
1,297
803
139
45
30
31

18,157,406
-28,228
329,454
1,724,946
1,493,162
1,148,947
1,784,084
11,648,586

1,619
-*299
510
598
109
44
30
30

14,566,233
-*7,151
129,821
1,158,488
1,062,380
801,018
1,353,790
10,053,586

765
-*146
*146
303
90
33
21
26

2,425,909
-*3,478
*14,805
182,859
211,539
168,520
284,112
1,560,597

Grantmaking foundations
Total............................................................................... 40,250
272,815,078
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
10,466
348,878
$100,000 under $1,000,000.........................................................................
16,165
6,473,924
$1,000,000 under $10,000,000.........................................................................
10,706
33,538,928
$10,000,000 under $25,000,000.........................................................................
1,638
25,587,584
$25,000,000 under $50,000,000.........................................................................
613
21,185,645
$50,000,000 under $100,000,000.........................................................................
333
23,263,181
$100,000,000 or more.........................................................................
329
162,416,938

36,819
-7,706
15,602
10,602
1,634
613
333
329

256,837,769
-271,160
5,941,122
31,669,281
24,373,089
20,110,801
22,369,687
152,102,629

28,228
-3,407
12,325
9,705
1,558
583
328
323

216,729,215
-122,916
4,236,674
24,970,626
19,709,055
16,133,626
19,241,704
132,314,613

13,127
-984
4,605
5,542
1,061
422
256
257

31,347,933
-23,110
789,694
4,750,467
3,350,241
2,726,054
3,451,173
16,257,194

Grantmaking-nonoperating foundations
Total............................................................................... 38,046
257,221,839
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
9,555
322,217
$100,000 under $1,000,000.........................................................................
15,377
6,184,381
$1,000,000 under $10,000,000.........................................................................
10,313
32,434,877
$10,000,000 under $25,000,000.........................................................................
1,577
24,607,068
$25,000,000 under $50,000,000.........................................................................
594
20,486,654
$50,000,000 under $100,000,000.........................................................................
318
22,151,942
$100,000,000 or more.........................................................................
313
151,034,701

35,107
-7,174
14,894
10,240
1,574
594
318
313

246,043,604
-257,381
5,751,279
30,843,927
23,700,643
19,605,577
21,481,327
144,403,469

27,449
-3,290
12,027
9,437
1,510
564
313
308

207,500,056
-119,753
4,151,153
24,428,259
19,247,913
15,790,818
18,496,837
125,265,323

12,806
-911
4,560
5,417
1,023
406
245
244

29,712,698
-20,591
785,418
4,687,694
3,252,809
2,623,258
3,309,824
15,033,105

Grantmaking-operating foundations
Total............................................................................... 2,204
15,593,239
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
911
26,660
$100,000 under $1,000,000.........................................................................
788
289,543
$1,000,000 under $10,000,000.........................................................................
393
1,104,051
$10,000,000 under $25,000,000.........................................................................
61
980,517
$25,000,000 under $50,000,000.........................................................................
19
698,991
$50,000,000 under $100,000,000.........................................................................
15
1,111,239
$100,000,000 or more.........................................................................
16
11,382,237

1,712
-532
708
362
60
19
15
16

10,794,165
-13,779
189,842
825,354
672,445
505,224
888,360
7,699,160

779
-*116
298
268
48
19
15
15

9,229,159
-*3,163
85,521
542,368
461,142
342,808
744,867
7,049,290

321
-*73
*44
126
38
16
11
13

1,635,235
-*2,519
*4,276
62,774
97,432
102,796
141,348
1,224,090

Footnotes at end of table.

159

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 1.--All Domestic Private Foundations, 1996: 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 a sample--money amounts are in thousands dollars]
Type of foundation,

Investments in securities (fair market value)--continued
Corporate
Corporate

size of fair market value
of total assets

stock
Number
of returns

(42)

160

Noncharitable-use assets

Amount

(43)

Number
of returns

(44)

Amount

(45)

Number
of returns

(46)

Amount

(47)

Number
of returns

(48)

Amount

(49)

All foundations
Total............................................................................... 27,055
171,621,311
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
2,904
87,059
$100,000 under $1,000,000.........................................................................
11,797
3,256,070
$1,000,000 under $10,000,000.........................................................................
9,528
18,270,150
$10,000,000 under $25,000,000.........................................................................
1,572
14,777,679
$25,000,000 under $50,000,000.........................................................................
579
12,074,942
$50,000,000 under $100,000,000.........................................................................
338
14,426,755
$100,000,000 or more.........................................................................
336
108,728,655

12,551
-1,094
4,370
5,174
1,011
405
237
260

20,785,294
-27,939
574,096
3,066,941
2,353,816
1,888,677
1,972,795
10,901,030

49,593
*147
15,227
19,296
11,818
1,759
648
351
348

224,496,995
*-57,532
351,186
6,371,362
28,602,903
20,697,953
16,708,823
18,624,973
133,197,327

49,851
497
15,154
19,267
11,828
1,759
649
351
348

245,286,965
89,679
467,610
6,535,537
31,616,234
23,486,347
19,399,576
21,383,516
142,308,467

Nonoperating foundations
Total............................................................................... 25,827
160,852,672
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
2,788
84,851
$100,000 under $1,000,000.........................................................................
11,391
3,170,169
$1,000,000 under $10,000,000.........................................................................
9,019
17,442,363
$10,000,000 under $25,000,000.........................................................................
1,470
14,082,100
$25,000,000 under $50,000,000.........................................................................
543
11,562,663
$50,000,000 under $100,000,000.........................................................................
310
13,555,577
$100,000,000 or more.........................................................................
307
100,954,949

11,826
-1,057
4,109
4,893
932
378
217
240

19,413,608
-26,474
544,981
2,919,099
2,198,553
1,768,458
1,774,294
10,181,747

44,957
*147
13,323
17,722
10,910
1,615
603
321
317

203,774,271
*-57,532
302,063
5,877,579
26,442,396
18,896,559
15,533,566
16,936,524
119,843,114

45,245
497
13,249
17,722
10,920
1,615
604
321
317

229,451,741
89,679
429,178
6,152,122
29,917,432
22,172,679
18,444,317
20,039,066
132,207,270

Operating foundations
Total............................................................................... 1,227
10,768,638
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
*116
*2,209
$100,000 under $1,000,000.........................................................................
406
85,901
$1,000,000 under $10,000,000.........................................................................
509
827,787
$10,000,000 under $25,000,000.........................................................................
102
695,579
$25,000,000 under $50,000,000.........................................................................
36
512,279
$50,000,000 under $100,000,000.........................................................................
28
871,177
$100,000,000 or more.........................................................................
29
7,773,706

724
-*37
261
281
79
27
20
20

1,371,686
-*1,465
29,114
147,841
155,262
120,219
198,501
719,283

4,635
-1,904
1,574
907
144
45
30
31

20,722,725
-49,122
493,783
2,160,507
1,801,394
1,175,257
1,688,449
13,354,213

4,607
-1,904
1,545
907
144
45
30
31

15,835,224
-38,432
383,415
1,698,802
1,313,668
955,259
1,344,450
10,101,197

Grantmaking foundations
Total............................................................................... 24,605
165,962,695
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
2,489
76,245
$100,000 under $1,000,000.........................................................................
10,483
2,906,444
$1,000,000 under $10,000,000.........................................................................
8,954
17,261,568
$10,000,000 under $25,000,000.........................................................................
1,485
14,159,415
$25,000,000 under $50,000,000.........................................................................
553
11,655,233
$50,000,000 under $100,000,000.........................................................................
323
13,964,888
$100,000,000 or more.........................................................................
318
105,938,903

11,523
-838
3,946
4,935
945
384
227
248

19,418,587
-23,562
540,536
2,958,591
2,199,399
1,752,339
1,825,644
10,118,516

40,209
*74
10,357
16,165
10,701
1,638
612
333
329

213,587,813
*-70,474
257,450
5,433,540
26,324,723
19,299,230
15,788,440
17,781,132
128,773,771

40,601
387
10,430
16,165
10,706
1,638
613
333
329

235,592,375
80,995
395,184
5,891,657
29,634,547
22,356,950
18,574,420
20,761,746
137,896,875

Grantmaking-nonoperating foundations
Total............................................................................... 23,983
159,110,087
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
2,445
75,600
$100,000 under $1,000,000.........................................................................
10,230
2,849,138
$1,000,000 under $10,000,000.........................................................................
8,717
16,861,395
$10,000,000 under $25,000,000.........................................................................
1,442
13,847,939
$25,000,000 under $50,000,000.........................................................................
538
11,446,800
$50,000,000 under $100,000,000.........................................................................
308
13,486,409
$100,000,000 or more.........................................................................
303
100,542,805

11,143
-838
3,758
4,804
916
375
215
237

18,677,270
-23,562
516,597
2,879,170
2,147,165
1,720,760
1,700,603
9,689,413

38,005
*74
9,446
15,377
10,308
1,577
593
318
313

199,804,272
*-70,474
233,378
5,192,261
25,398,030
18,488,414
15,260,206
16,814,210
118,488,247

38,397
387
9,519
15,377
10,313
1,577
594
318
313

225,953,707
80,995
375,646
5,672,842
28,872,107
21,827,066
18,195,741
19,962,619
130,966,691

Grantmaking-operating foundations
Total...............................................................................
622
6,852,608
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
*43
*644
$100,000 under $1,000,000.........................................................................
253
57,306
$1,000,000 under $10,000,000.........................................................................
237
400,173
$10,000,000 under $25,000,000.........................................................................
43
311,476
$25,000,000 under $50,000,000.........................................................................
15
208,432
$50,000,000 under $100,000,000.........................................................................
15
478,479
$100,000,000 or more.........................................................................
15
5,396,097

380
--188
131
29
9
12
11

741,317
--23,939
79,421
52,234
31,579
125,040
429,103

2,204
-911
788
393
61
19
15
16

13,783,541
-24,072
241,279
926,692
810,816
528,235
966,922
10,285,525

2,204
-911
788
393
61
19
15
16

9,638,668
-19,538
218,816
762,440
529,884
378,679
799,127
6,930,184

Footnotes at end of table.

160

Net worth (book value)

bonds

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 1.--All Domestic Private Foundations, 1996: 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 a sample--money amounts are in thousands dollars]
Type of foundation,
size of fair market value
of total assets

Minimum investment
return
Number
of returns

(50)

Distributable amount
Number

Amount

of returns

(51)

Number
Amount

of returns

Undistributed income for
1996
Number

Amount

of returns

Excess distributions
carryover to 1997
Number

Amount

of returns

Amount

(53)

(54)

(55)

(56)

(57)

(58)

(59)

All foundations
Total...............................................................................
49,533 12,196,510
44,634
Zero or unreported.........................................................................
497
4,484
497
$1 under $100,000.........................................................................
14,862
21,257
12,811
$100,000 under $1,000,000.........................................................................
19,241
320,836
17,591
$1,000,000 under $10,000,000.........................................................................
11,828
1,565,732
10,884
$10,000,000 under $25,000,000.........................................................................
1,759
1,166,614
1,612
$25,000,000 under $50,000,000.........................................................................
649
965,218
602
$50,000,000 under $100,000,000.........................................................................
351
1,067,693
321
$100,000,000 or more.........................................................................
348
7,084,676
317

11,175,284
4,386
17,902
294,911
1,446,215
1,076,322
919,309
970,489
6,445,750

46,084
796
12,738
18,051
11,426
1,735
643
349
347

17,850,017
203,850
508,366
1,067,716
3,107,185
1,901,689
1,556,448
1,319,595
8,185,168

14,724
-2,845
6,041
4,551
731
247
152
158

3,030,490
-2,790
68,264
386,584
308,490
246,129
318,153
1,700,079

30,509
832
10,185
11,601
6,329
878
356
169
159

19,481,851
934,538
1,440,832
2,366,863
5,649,364
2,744,016
2,256,135
1,343,879
2,746,224

Nonoperating foundations
Total...............................................................................
45,026 11,404,975
44,634
Zero or unreported.........................................................................
497
4,484
497
$1 under $100,000.........................................................................
13,030
19,343
12,811
$100,000 under $1,000,000.........................................................................
17,722
301,673
17,591
$1,000,000 under $10,000,000.........................................................................
10,920
1,480,837
10,884
$10,000,000 under $25,000,000.........................................................................
1,615
1,100,991
1,612
$25,000,000 under $50,000,000.........................................................................
604
917,455
602
$50,000,000 under $100,000,000.........................................................................
321
1,000,575
321
$100,000,000 or more.........................................................................
317
6,579,616
317

11,175,284
4,386
17,902
294,911
1,446,215
1,076,322
919,309
970,489
6,445,750

41,819
796
11,023
16,615
10,557
1,596
598
319
316

15,831,911
203,850
466,766
907,570
2,764,739
1,690,508
1,450,270
1,165,869
7,182,338

14,724
-2,845
6,041
4,551
731
247
152
158

3,030,490
-2,790
68,264
386,584
308,490
246,129
318,153
1,700,079

30,509
832
10,185
11,601
6,329
878
356
169
159

19,481,851
934,538
1,440,832
2,366,863
5,649,364
2,744,016
2,256,135
1,343,879
2,746,224

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

4,265
-1,715
1,436
869
139
45
30
31

2,018,106
-41,600
160,146
342,446
211,181
106,177
153,726
1,002,830

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

Grantmaking foundations
Total...............................................................................
40,491 11,763,107
38,157
Zero or unreported.........................................................................
387
4,050
387
$1 under $100,000.........................................................................
10,320
17,750
9,373
$100,000 under $1,000,000.........................................................................
16,165
292,675
15,300
$1,000,000 under $10,000,000.........................................................................
10,706
1,479,469
10,298
$10,000,000 under $25,000,000.........................................................................
1,638
1,112,440
1,577
$25,000,000 under $50,000,000.........................................................................
613
926,350
592
$50,000,000 under $100,000,000.........................................................................
333
1,036,605
318
$100,000,000 or more.........................................................................
329
6,893,770
313

11,049,006
3,958
15,401
275,174
1,406,449
1,062,036
904,849
966,717
6,414,421

40,863
613
10,466
16,165
10,706
1,638
613
333
329

16,886,730
202,867
476,987
919,937
2,818,918
1,738,691
1,483,908
1,223,317
8,022,105

11,367
-1,210
4,744
4,154
712
240
151
156

2,965,138
-1,429
58,512
368,156
301,789
239,921
317,505
1,677,827

27,221
613
8,309
10,618
6,145
860
353
167
157

18,254,782
606,644
1,321,207
2,142,117
5,252,792
2,709,770
2,249,826
1,228,097
2,744,330

Grantmaking-nonoperating foundations
Total...............................................................................
38,324 11,281,286
38,157
Zero or unreported.........................................................................
387
4,050
387
$1 under $100,000.........................................................................
9,446
16,780
9,373
$100,000 under $1,000,000.........................................................................
15,377
281,735
15,300
$1,000,000 under $10,000,000.........................................................................
10,313
1,441,346
10,298
$10,000,000 under $25,000,000.........................................................................
1,577
1,085,945
1,577
$25,000,000 under $50,000,000.........................................................................
594
907,416
592
$50,000,000 under $100,000,000.........................................................................
318
996,753
318
$100,000,000 or more.........................................................................
313
6,547,261
313

11,049,006
3,958
15,401
275,174
1,406,449
1,062,036
904,849
966,717
6,414,421

38,659
613
9,555
15,377
10,313
1,577
594
318
313

15,655,264
202,867
448,216
836,152
2,706,022
1,679,821
1,447,608
1,159,226
7,175,351

11,367
-1,210
4,744
4,154
712
240
151
156

2,965,138
-1,429
58,512
368,156
301,789
239,921
317,505
1,677,827

27,221
613
8,309
10,618
6,145
860
353
167
157

18,254,782
606,644
1,321,207
2,142,117
5,252,792
2,709,770
2,249,826
1,228,097
2,744,330

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

2,204
-911
788
393
61
19
15
16

1,231,466
-28,771
83,785
112,896
58,870
36,299
64,090
846,754

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

Operating foundations
Total...............................................................................
4,508
791,535
Zero or unreported.........................................................................
--$1 under $100,000.........................................................................
1,831
1,914
$100,000 under $1,000,000.........................................................................
1,519
19,163
$1,000,000 under $10,000,000.........................................................................
907
84,895
$10,000,000 under $25,000,000.........................................................................
144
65,623
$25,000,000 under $50,000,000.........................................................................
45
47,763
$50,000,000 under $100,000,000.........................................................................
30
67,118
$100,000,000 or more.........................................................................
31
505,060

Grantmaking-operating foundations
Total...............................................................................
2,167
481,821
Zero or unreported.........................................................................
--$1 under $100,000.........................................................................
875
969
$100,000 under $1,000,000.........................................................................
788
10,941
$1,000,000 under $10,000,000.........................................................................
393
38,122
$10,000,000 under $25,000,000.........................................................................
61
26,494
$25,000,000 under $50,000,000.........................................................................
19
18,934
$50,000,000 under $100,000,000.........................................................................
15
39,852
$100,000,000 or more.........................................................................
16
346,509

(52)

Qualifying distributions

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A--Not applicable.
* Estimate should be used with caution because of the small number of sample returns on which it is based.
¹ The data shown in column 13 may be negative due to reported negative revenue amounts or to reported expenses in excess of revenue.
² The data shown in columns 18 and 19 are based on the amount of contributions, gifts, and grants that private foundations actually disbursed for charitable purposes for 1996 using
the cash receipt and disbursement method of accounting. These amounts differ somewhat from those reported as contributions, gifts, and grants paid shown in the income
statement (Table 5) because private foundations may use either the cash disbursement or the accrual method of accounting.
NOTE: Detail may not add to totals because of rounding.

161

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 2.--All Domestic Private Foundations, 1997: Number and Selected Financial Data, by Type of
Foundation and Size of Fair Market Value of Total Assets
[All figures are estimates based on a sample--money amounts are in thousands dollars]
Type of foundation,
size of fair market value
of total assets

Number
of
returns
(1)

162

162

Total revenue
Number
of returns
(2)

Amount

(3)
All foundations
Total...............................................................................
55,113
53,884
55,459,904
Zero or unreported.........................................................................
1,337
1,116
52,518
$1 under $100,000.........................................................................
15,454
14,533
607,494
$100,000 under $1,000,000.........................................................................
20,643
20,566
2,727,219
$1,000,000 under $10,000,000.........................................................................
14,059
14,053
10,151,245
$10,000,000 under $25,000,000.........................................................................
2,028
2,025
5,901,234
$25,000,000 under $50,000,000.........................................................................
764
763
4,920,438
$50,000,000 under $100,000,000.........................................................................
420
420
5,119,086
$100,000,000 or more.........................................................................
407
407
25,980,671
Nonoperating foundations
Total...............................................................................
50,541
49,560
51,029,987
Zero or unreported.........................................................................
1,190
969
38,582
$1 under $100,000.........................................................................
13,796
13,096
529,183
$100,000 under $1,000,000.........................................................................
19,103
19,052
2,390,493
$1,000,000 under $10,000,000.........................................................................
13,111
13,106
9,447,145
$10,000,000 under $25,000,000.........................................................................
1,863
1,860
5,342,740
$25,000,000 under $50,000,000.........................................................................
715
714
4,626,750
$50,000,000 under $100,000,000.........................................................................
392
392
4,710,405
$100,000,000 or more.........................................................................
371
371
23,944,690
Operating foundations
Total...............................................................................
4,572
4,325
4,429,917
Zero or unreported.........................................................................
*147
*147
*13,936
$1 under $100,000.........................................................................
1,658
1,437
78,312
$100,000 under $1,000,000.........................................................................
1,541
1,515
336,726
$1,000,000 under $10,000,000.........................................................................
947
947
704,100
$10,000,000 under $25,000,000.........................................................................
165
165
558,494
$25,000,000 under $50,000,000.........................................................................
49
49
293,688
$50,000,000 under $100,000,000.........................................................................
28
28
408,681
$100,000,000 or more.........................................................................
36
36
2,035,981
Grantmaking foundations
Total...............................................................................
44,577
44,218
50,953,500
Zero or unreported.........................................................................
785
711
35,596
$1 under $100,000.........................................................................
10,318
10,097
515,558
$100,000 under $1,000,000.........................................................................
17,467
17,404
2,122,083
$1,000,000 under $10,000,000.........................................................................
12,627
12,627
8,621,562
$10,000,000 under $25,000,000.........................................................................
1,877
1,875
5,311,896
$25,000,000 under $50,000,000.........................................................................
723
723
4,442,740
$50,000,000 under $100,000,000.........................................................................
391
391
4,560,636
$100,000,000 or more.........................................................................
390
390
25,343,430
Grantmaking-nonoperating foundations
Total...............................................................................
42,337
42,040
47,953,815
Zero or unreported.........................................................................
748
674
34,922
$1 under $100,000.........................................................................
9,470
9,286
464,401
$100,000 under $1,000,000.........................................................................
16,600
16,563
1,952,956
$1,000,000 under $10,000,000.........................................................................
12,261
12,261
8,267,099
$10,000,000 under $25,000,000.........................................................................
1,811
1,809
5,047,690
$25,000,000 under $50,000,000.........................................................................
700
700
4,287,645
$50,000,000 under $100,000,000.........................................................................
378
378
4,304,823
$100,000,000 or more.........................................................................
369
369
23,594,278
Grantmaking-operating foundations
Total...............................................................................
2,240
2,178
2,999,686
Zero or unreported.........................................................................
*37
*37
*674
$1 under $100,000.........................................................................
848
811
51,157
$100,000 under $1,000,000.........................................................................
867
841
169,127
$1,000,000 under $10,000,000.........................................................................
366
366
354,464
$10,000,000 under $25,000,000.........................................................................
66
66
264,206
$25,000,000 under $50,000,000.........................................................................
23
23
155,095
$50,000,000 under $100,000,000.........................................................................
13
13
255,812
$100,000,000 or more.........................................................................
21
21
1,749,151
Footnotes at end of table.

Contributions, gifts,
and grants received
Number
Amount
of returns
(4)
(5)

Selected sources of revenue
Dividends and interest
from securities
Number
Amount
of returns
(6)
(7)

Net gain (or loss)
from sales of assets
Number
Amount
of returns
(8)
(9)

28,870
700
9,042
10,479
6,949
968
361
189
181

20,223,968
43,335
574,992
1,932,585
5,434,174
2,533,217
2,146,495
1,909,981
5,649,189

38,197
*232
5,454
16,310
12,747
1,918
727
408
401

8,295,218
*1,604
11,307
219,065
1,154,987
821,469
681,924
776,281
4,628,580

28,777
*121
2,727
11,423
11,237
1,797
696
389
386

23,538,174
*3,206
-1,121
380,710
2,877,792
2,073,939
1,704,076
2,147,560
14,352,012

25,734
590
7,974
9,498
6,203
834
320
166
150

18,645,536
31,136
499,974
1,682,790
5,014,086
2,292,690
2,013,175
1,769,880
5,341,805

36,472
*232
5,233
15,628
12,161
1,784
683
384
367

7,810,069
*1,604
10,742
208,040
1,108,362
773,719
651,674
728,928
4,327,001

27,542
*121
2,653
10,965
10,758
1,673
654
365
353

21,884,722
*3,206
-1,158
382,752
2,769,251
1,979,581
1,643,300
1,967,923
13,139,867

3,136
*111
1,069
981
747
134
41
23
31

1,578,432
*12,200
75,018
249,795
420,088
240,527
133,320
140,102
307,384

1,724
-*221
682
585
134
44
24
34

485,149
-*566
11,024
46,626
47,751
30,251
47,354
301,578

1,235
-*74
459
480
124
42
24
33

1,653,452
-*37
-2,042
108,540
94,358
60,776
179,637
1,212,145

22,007
332
6,117
8,178
5,871
853
329
161
166

17,284,869
28,345
496,541
1,454,063
4,437,283
2,221,500
1,805,563
1,547,437
5,294,137

34,420
*232
4,348
14,669
11,904
1,806
692
383
385

8,075,224
*1,604
9,666
205,339
1,102,896
782,348
649,708
749,425
4,574,239

26,494
*121
2,211
10,499
10,556
1,703
663
369
372

22,847,059
*3,206
-1,932
353,184
2,655,306
1,991,342
1,654,110
2,010,959
14,180,884

20,561
295
5,601
7,668
5,590
799
308
152
148

16,228,750
27,671
447,329
1,302,990
4,212,807
2,062,166
1,717,181
1,450,957
5,007,650

33,458
*232
4,201
14,258
11,608
1,751
671
372
365

7,733,355
*1,604
9,294
196,622
1,079,580
763,990
636,302
724,897
4,321,067

25,840
*121
2,211
10,178
10,322
1,652
644
359
352

21,539,196
*3,206
-1,932
357,328
2,585,544
1,943,005
1,624,039
1,898,187
13,129,818

1,446
*37
516
510
281
54
21
9
18

1,056,119
*674
49,212
151,073
224,477
159,334
88,382
96,480
286,487

962
-*147
411
297
55
21
11
20

341,869
-*372
8,718
23,316
18,358
13,406
24,528
253,172

655
--322
233
51
19
10
20

1,307,863
---4,144
69,761
48,337
30,071
112,772
1,051,066

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 2.--All Domestic Private Foundations, 1997: 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 a sample--money amounts are in thousands dollars]
Type of foundation,
size of fair market value
of total assets

Total expenses
Number
of returns
(10)

Amount
(11)

All foundations
Total............................................................................... 52,921
22,413,587
Zero or unreported.........................................................................
1,264
87,392
$1 under $100,000.........................................................................
14,128
642,867
$100,000 under $1,000,000.........................................................................
20,084
1,371,376
$1,000,000 under $10,000,000.........................................................................
13,849
3,916,401
$10,000,000 under $25,000,000.........................................................................
2,016
2,514,661
$25,000,000 under $50,000,000.........................................................................
761
1,977,206
$50,000,000 under $100,000,000.........................................................................
412
1,836,102
$100,000,000 or more.........................................................................
407
10,067,582
Nonoperating foundations
Total............................................................................... 48,527
19,989,943
Zero or unreported.........................................................................
1,116
72,998
$1 under $100,000.........................................................................
12,617
558,867
$100,000 under $1,000,000.........................................................................
18,558
946,362
$1,000,000 under $10,000,000.........................................................................
12,917
3,528,196
$10,000,000 under $25,000,000.........................................................................
1,852
2,202,154
$25,000,000 under $50,000,000.........................................................................
712
1,793,323
$50,000,000 under $100,000,000.........................................................................
384
1,683,763
$100,000,000 or more.........................................................................
371
9,204,281
Operating foundations
Total............................................................................... 4,393
2,423,644
Zero or unreported.........................................................................
*147
*14,394
$1 under $100,000.........................................................................
1,511
84,000
$100,000 under $1,000,000.........................................................................
1,527
425,014
$1,000,000 under $10,000,000.........................................................................
931
388,205
$10,000,000 under $25,000,000.........................................................................
164
312,506
$25,000,000 under $50,000,000.........................................................................
49
183,883
$50,000,000 under $100,000,000.........................................................................
28
152,339
$100,000,000 or more.........................................................................
36
863,301
Grantmaking foundations
Total............................................................................... 44,577
21,169,109
Zero or unreported.........................................................................
785
68,211
$1 under $100,000.........................................................................
10,318
584,986
$100,000 under $1,000,000.........................................................................
17,467
1,195,819
$1,000,000 under $10,000,000.........................................................................
12,627
3,462,227
$10,000,000 under $25,000,000.........................................................................
1,877
2,308,688
$25,000,000 under $50,000,000.........................................................................
723
1,901,869
$50,000,000 under $100,000,000.........................................................................
391
1,740,714
$100,000,000 or more.........................................................................
390
9,906,595
Grantmaking-nonoperating foundations
Total............................................................................... 42,337
19,583,665
Zero or unreported.........................................................................
748
67,537
$1 under $100,000.........................................................................
9,470
522,855
$100,000 under $1,000,000.........................................................................
16,600
886,375
$1,000,000 under $10,000,000.........................................................................
12,261
3,282,993
$10,000,000 under $25,000,000.........................................................................
1,811
2,177,767
$25,000,000 under $50,000,000.........................................................................
700
1,779,502
$50,000,000 under $100,000,000.........................................................................
378
1,667,369
$100,000,000 or more.........................................................................
369
9,199,267
Grantmaking-operating foundations
Total............................................................................... 2,240
1,585,443
Zero or unreported.........................................................................
*37
*675
$1 under $100,000.........................................................................
848
62,131
$100,000 under $1,000,000.........................................................................
867
309,444
$1,000,000 under $10,000,000.........................................................................
366
179,234
$10,000,000 under $25,000,000.........................................................................
66
130,921
$25,000,000 under $50,000,000.........................................................................
23
122,367
$50,000,000 under $100,000,000.........................................................................
13
73,346
$100,000,000 or more.........................................................................
21
707,328
Footnotes at end of table.

Excess of revenue
(less loss)
1
over expenses
Number
Amount
of returns
(12)
(13)

Net investment income
Number
of returns
(14)

Amount
(15)

Disbursements
for exempt
purposes
Number
Amount
of returns
(16)
(17)

53,913
969
14,754
20,546
14,027
2,027
763
420
407

33,046,317
-34,874
-35,373
1,355,842
6,234,844
3,386,573
2,943,232
3,282,983
15,913,089

47,343
416
10,613
19,153
13,579
1,999
759
417
407

34,801,242
6,548
39,270
958,415
4,844,994
3,345,514
2,771,427
3,293,580
19,541,494

49,478
1,006
12,308
19,120
13,473
1,996
759
411
406

19,076,388
77,729
607,024
1,189,249
3,233,011
2,184,370
1,715,297
1,561,016
8,508,692

49,588
858
13,280
19,020
13,090
1,862
714
392
371

31,040,043
-34,416
-29,685
1,444,131
5,918,949
3,140,585
2,833,427
3,026,642
14,740,409

44,032
416
9,692
17,818
12,792
1,841
712
390
371

32,389,808
6,548
37,780
924,248
4,678,392
3,185,572
2,654,483
3,055,354
17,847,431

45,542
932
10,908
17,781
12,616
1,840
712
383
370

17,231,192
65,529
526,833
862,563
2,951,434
1,958,737
1,568,704
1,451,868
7,845,524

4,326
*111
1,474
1,527
937
165
49
28
36

2,006,273
*-458
-5,688
-88,288
315,895
245,988
109,804
256,342
1,172,680

3,311
-921
1,335
787
158
47
27
36

2,411,435
-1,490
34,168
166,602
159,942
116,944
238,226
1,694,064

3,936
*74
1,400
1,338
857
156
47
28
36

1,845,196
*12,199
80,191
326,686
281,578
225,633
146,593
109,148
663,168

44,212
674
10,097
17,438
12,622
1,877
723
391
390

29,784,391
-32,615
-69,428
926,263
5,159,335
3,003,208
2,540,871
2,819,922
15,436,835

41,130
416
8,070
16,861
12,419
1,862
722
390
390

33,671,713
6,548
30,688
890,859
4,472,107
3,177,607
2,671,548
3,122,621
19,299,735

44,577
785
10,318
17,467
12,627
1,877
723
391
390

18,421,325
65,939
571,932
1,099,959
3,066,721
2,050,359
1,664,496
1,498,320
8,403,600

42,009
637
9,286
16,571
12,256
1,811
700
378
369

28,370,149
-32,615
-58,454
1,066,580
4,984,105
2,869,923
2,508,142
2,637,455
14,395,011

39,344
416
7,481
16,100
12,101
1,800
700
377
369

31,807,085
6,548
29,804
862,651
4,383,667
3,106,845
2,604,184
2,981,489
17,831,897

42,337
748
9,470
16,600
12,261
1,811
700
378
369

17,104,571
65,265
513,075
817,655
2,915,189
1,949,055
1,558,223
1,444,050
7,842,060

2,204
*37
811
867
366
66
23
13
21

1,414,242
*( ³ )
-10,974
-140,317
175,230
133,285
32,729
182,467
1,041,824

1,786
-590
761
318
62
22
13
21

1,864,628
-885
28,208
88,440
70,762
67,364
141,132
1,467,838

2,240
*37
848
867
366
66
23
13
21

1,316,754
*675
58,857
282,305
151,531
101,305
106,273
54,269
561,540

163

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 2.--All Domestic Private Foundations, 1997: 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 a sample--money amounts are in thousands dollars]
Type of foundation,
size of fair market value
of total assets

164

164

Contributions,
gifts, and
grants paid ²
Number
Amount
of returns
(18)
(19)

All foundations
Total............................................................................... 44,577
16,420,991
Zero or unreported.........................................................................
785
64,930
$1 under $100,000.........................................................................
10,318
537,213
$100,000 under $1,000,000.........................................................................
17,467
965,989
$1,000,000 under $10,000,000.........................................................................
12,627
2,822,826
$10,000,000 under $25,000,000.........................................................................
1,877
1,907,033
$25,000,000 under $50,000,000.........................................................................
723
1,534,139
$50,000,000 under $100,000,000.........................................................................
391
1,363,113
$100,000,000 or more.........................................................................
390
7,225,748
Nonoperating foundations
Total............................................................................... 42,337
15,855,040
Zero or unreported.........................................................................
748
64,276
$1 under $100,000.........................................................................
9,470
499,125
$100,000 under $1,000,000.........................................................................
16,600
778,630
$1,000,000 under $10,000,000.........................................................................
12,261
2,790,943
$10,000,000 under $25,000,000.........................................................................
1,811
1,846,432
$25,000,000 under $50,000,000.........................................................................
700
1,460,995
$50,000,000 under $100,000,000.........................................................................
378
1,356,101
$100,000,000 or more.........................................................................
369
7,058,537
Operating foundations
Total............................................................................... 2,240
565,952
Zero or unreported.........................................................................
*37
*654
$1 under $100,000.........................................................................
848
38,088
$100,000 under $1,000,000.........................................................................
867
187,359
$1,000,000 under $10,000,000.........................................................................
366
31,883
$10,000,000 under $25,000,000.........................................................................
66
60,600
$25,000,000 under $50,000,000.........................................................................
23
73,144
$50,000,000 under $100,000,000.........................................................................
13
7,013
$100,000,000 or more.........................................................................
21
167,211
Grantmaking foundations
Total............................................................................... 44,577
16,420,991
Zero or unreported.........................................................................
785
64,930
$1 under $100,000.........................................................................
10,318
537,213
$100,000 under $1,000,000.........................................................................
17,467
965,989
$1,000,000 under $10,000,000.........................................................................
12,627
2,822,826
$10,000,000 under $25,000,000.........................................................................
1,877
1,907,033
$25,000,000 under $50,000,000.........................................................................
723
1,534,139
$50,000,000 under $100,000,000.........................................................................
391
1,363,113
$100,000,000 or more.........................................................................
390
7,225,748
Grantmaking-nonoperating foundations
Total............................................................................... 42,337
15,855,040
Zero or unreported.........................................................................
748
64,276
$1 under $100,000.........................................................................
9,470
499,125
$100,000 under $1,000,000.........................................................................
16,600
778,630
$1,000,000 under $10,000,000.........................................................................
12,261
2,790,943
$10,000,000 under $25,000,000.........................................................................
1,811
1,846,432
$25,000,000 under $50,000,000.........................................................................
700
1,460,995
$50,000,000 under $100,000,000.........................................................................
378
1,356,101
$100,000,000 or more.........................................................................
369
7,058,537
Grantmaking-operating foundations
Total............................................................................... 2,240
565,952
Zero or unreported.........................................................................
*37
*654
$1 under $100,000.........................................................................
848
38,088
$100,000 under $1,000,000.........................................................................
867
187,359
$1,000,000 under $10,000,000.........................................................................
366
31,883
$10,000,000 under $25,000,000.........................................................................
66
60,600
$25,000,000 under $50,000,000.........................................................................
23
73,144
$50,000,000 under $100,000,000.........................................................................
13
7,013
$100,000,000 or more.........................................................................
21
167,211
Footnotes at end of table.

Excise tax on
net investment income
Number
Amount
of returns
(20)
(21)

Total assets (book value)
Number
of returns
(22)

Amount
(23)

Total
investment assets
(book value)
Number
Amount
of returns
(24)
(25)

45,032
*306
9,176
18,742
13,342
1,941
733
405
388

501,864
*101
647
14,970
78,391
51,522
42,835
49,921
263,477

53,934
*158
15,454
20,643
14,059
2,028
764
420
407

280,920,320
*40,272
472,609
7,061,889
34,376,381
24,346,431
20,493,926
22,512,170
171,616,642

47,588
*158
10,516
19,495
13,809
2,019
763
420
407

262,211,013
*39,649
371,819
6,092,836
31,472,105
22,595,983
19,188,393
21,453,940
160,996,288

42,445
*306
8,476
17,623
12,740
1,833
708
389
371

487,295
*101
629
14,580
76,205
49,799
41,621
46,888
257,472

49,509
*158
13,796
19,103
13,111
1,863
715
392
371

256,409,270
*40,272
421,541
6,462,134
31,810,863
22,047,552
18,910,111
20,662,409
156,054,387

44,196
*158
9,595
18,120
12,990
1,856
714
392
371

242,989,196
*39,649
339,318
5,781,603
29,932,627
20,984,620
18,051,514
20,007,511
147,852,353

2,587
-700
1,119
602
108
25
16
17

14,568
-18
391
2,186
1,723
1,214
3,033
6,005

4,424
-1,658
1,541
947
165
49
28
36

24,511,051
-51,068
599,755
2,565,518
2,298,879
1,583,815
1,849,761
15,562,255

3,392
-921
1,375
819
163
49
28
36

19,221,817
-32,500
311,233
1,539,478
1,611,363
1,136,879
1,446,429
13,143,935

39,733
*306
7,075
16,666
12,367
1,840
711
387
381

487,087
*101
485
13,727
71,896
49,142
41,534
48,346
261,857

43,914
*121
10,318
17,467
12,627
1,877
723
391
390

269,226,680
*27,359
330,115
6,024,059
31,017,974
22,410,253
19,303,784
21,048,536
169,064,601

40,554
*121
7,702
16,815
12,542
1,871
722
391
390

253,385,651
*27,359
265,040
5,437,043
29,189,588
21,176,706
18,288,243
20,221,443
158,780,229

38,156
*306
6,596
15,959
12,059
1,793
697
377
369

476,597
*101
474
13,396
70,402
48,264
40,713
45,942
257,305

41,711
*121
9,470
16,600
12,261
1,811
700
378
369

251,708,570
*27,359
302,775
5,700,963
30,018,872
21,450,433
18,522,444
20,130,140
155,555,584

38,654
*121
7,075
16,003
12,203
1,806
699
378
369

239,104,143
*27,359
245,391
5,234,461
28,516,187
20,499,622
17,686,395
19,524,433
147,370,296

1,576
-479
707
307
47
14
10
12

10,490
-11
331
1,493
877
821
2,404
4,552

2,204
-848
867
366
66
23
13
21

17,518,110
-27,340
323,096
999,102
959,819
781,341
918,397
13,509,017

1,900
-626
813
339
65
23
13
21

14,281,508
-19,649
202,582
673,401
677,084
601,848
697,010
11,409,934

Domestic Private Foundations and Charitable Trusts, 1996-1997

Table 2.--All Domestic Private Foundations, 1997: 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 a sample--money amounts are in thousands dollars]
Type of foundation,
size of fair market value
of total assets

Total
Number
of returns
(26)

Amount

(27)
All foundations
Total............................................................................... 35,574
216,268,094
Zero or unreported.........................................................................
*11
*23,834
$1 under $100,000.........................................................................
4,385
146,614
$100,000 under $1,000,000.........................................................................
15,099
3,978,388
$1,000,000 under $10,000,000.........................................................................
12,648
23,903,366
$10,000,000 under $25,000,000.........................................................................
1,904
17,505,967
$25,000,000 under $50,000,000.........................................................................
722
15,004,219
$50,000,000 under $100,000,000.........................................................................
405
17,156,843
$100,000,000 or more.........................................................................
400
138,548,864
Nonoperating foundations
Total............................................................................... 33,976
201,705,086
Zero or unreported.........................................................................
*11
*23,834
$1 under $100,000.........................................................................
4,127
135,680
$100,000 under $1,000,000.........................................................................
14,561
3,863,439
$1,000,000 under $10,000,000.........................................................................
12,084
22,959,103
$10,000,000 under $25,000,000.........................................................................
1,773
16,348,605
$25,000,000 under $50,000,000.........................................................................
679
14,268,608
$50,000,000 under $100,000,000.........................................................................
377
16,110,834
$100,000,000 or more.........................................................................
365
127,994,982
Operating foundations
Total............................................................................... 1,598
14,563,008
Zero or unreported.........................................................................--$1 under $100,000.........................................................................
*258
*10,933
$100,000 under $1,000,000.........................................................................
539
114,949
$1,000,000 under $10,000,000.........................................................................
564
944,263
$10,000,000 under $25,000,000.........................................................................
131
1,157,362
$25,000,000 under $50,000,000.........................................................................
43
735,610
$50,000,000 under $100,000,000.........................................................................
28
1,046,009
$100,000,000 or more.........................................................................
35
10,553,882
Grantmaking foundations
Total............................................................................... 31,623
210,007,161
Zero or unreported.........................................................................
*11
*23,834
$1 under $100,000.........................................................................
3,390
113,912
$100,000 under $1,000,000.........................................................................
13,287
3,561,763
$1,000,000 under $10,000,000.........................................................................
11,704
22,551,589
$10,000,000 under $25,000,000.........................................................................
1,785
16,506,689
$25,000,000 under $50,000,000.........................................................................
686
14,338,040
$50,000,000 under $100,000,000.........................................................................
377
16,255,199
$100,000,000 or more.........................................................................
383
136,656,135
Grantmaking-nonoperating foundations
Total............................................................................... 30,715
199,027,823
Zero or unreported.........................................................................
*11
*23,834
$1 under $100,000.............

[Text truncated at 120,000 characters. The full text is on the page linked above.]

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Airs%3A7ac202a88dbb5465. Public record. Not legal advice.