A Private Foundation Profile for 1983
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A Private Foundation Profile for 1983
By Margaret Riley*
Sales of private foundation capital assets
continued to escalate for 1983, edging interest
and dividend income out of its traditional
ranking as the largest source of foundation
income [1].
This 1983 surge was responsible
for netting a $4.2 billion gain and more than
doubling record-setting sales made for 1982
[2].
Receipts from sales of capital assets,
primarily securities, accounted for 35 percent
of all
revenue reported by foundations for
1983.
Figure A.--Number of Foundations by Size
Fair Market Value of Assets, 1982 and 1983
1982
1983
Percentage
change,
1982
to 1983
(1)
(2)
(3)
28,321
29,863
5.4%
Under $100,0002 ....
14,605* 13,839*
-5.2*
$100,000 under
$1,000,000 .......
9,125
10,878
19.2
$1,000,000 under
$10,000,000 ......
3,771
4,237
12.4
$10,000,000 under
$50,000,000 ......
655
724
10.5
$50,000,000
or more ..........
165
184
11.5
Size of
fair market
value of assets
Total ............
The tax law requires private foundations to
distribute annually a minimum amount, based on
investment
assets,
to
promote
philanthropy
[3]. For 1983, foundations expended a total of
charitable
or
nonprofit
$5.2
billion
for
purposes, exceeding the required minimum by
$2.4 billion
[4].
Out of the total $5.2
billion expenditure, private foundations gave
$4.4
billion
in
contributions,
gifts,
and
grants (hereinafter referred to collectively as
11grants") to support philanthropic organizations
or causes; this was $251 million more than they
gave out for 1982.
of
Number of
private
foundations
For 1983, there was an estimated total of
29,863 private foundations, of which 25,465
made grants.
Foundations are further classified as either "operating" or "nonoperating"
entities.
(See the "Explanation of Selected
Terms" section of this article.) Approximately
90 percent of the nonoperating foundations made
a charitable grant of some form in 1983.
The
other 10 percent (nongrantmaking nonoperating
foundations) in many cases set aside funds
earmarked for future charitable projects, made
program-related investments, or incurred qualifying expenses for charitable purposes which
met or exceeded the required minimum distribution.
Some nonoperating foundations were
"failed public charities" which operated direct
charitable programs and did not make grants [5].
The $12.6 billion in fair market value of
10
largest domestic
assets
held
by the
foundations listed in Figure B accounted for
17.4 percent of the total assets held by all
foundations [6]. Grants paid by these largest
foundations amounted to $384.9 million, an 8.1
percent increase over grants paid in 1982 by
the top 10 domestic foundations [7].
Figure A*shows a comparison of the asset size
distributions of private foundations between
1982 and 1983.
While the overall number of
foundations increased by 5.4 percent, the rate
of growth for each asset class varied significantly.
The Ford Foundation, Robert Wood Johnson
Foundation, and Lilly Endowment all experienced
The
a drop in assets between 1982 and 1983.
assets of the remaining seven largest foundaMost notably, the
tions increased for 1983.
MacArthur Foundation's assets nearly doubled in
*Foreign Special Projects Section.
Michael Alexander, Chief.
*Estimate should be used with caution because
of the small number of sample returns on which
it is based.
'Includes former public charities reclassified as private foundations.
2 Includes foundations with zero assets and
unreported assets.
Prepared under the direction of
11
12
A Private Foundation Profile For 1983-
size from its $990.3 million 1982 amount. Substantial increases in both sales of capital
assets and investments in real estate, coupled
with a large decrease in securities investments
for 1983, suggest that the MacA rthur Foundation
sold a large portion of its securities
'
and reinvested in real estate holdings.
Its 1983 real
estate investments jumped dramatically to replace securit ies as. the largest component of
its assets.
'
The J. Paul Getty Museum Trust, classified as
an
operating foundation
and
excluded
f rom
Figure B,
held assets. worth $2. 7 i bi I I i on,.
While the Getty Trust is -not required 'to make
grants, it nonetheless reported $1.1, million. in
donations for 1983.
Figure B
$3,497.8
1,669.5
Robert Wood Johnson Foundation
1,159.0
634.3
8.7
2
Andrew W. Mellon Foundation
1,151.0
i95.1
60.3
3
1,112.1
924.7
28.3
4
W.K. Kellogg Foundation Trust
1,102.6
33.9
5.9
6
Pew Memorial Trust
1,097-1
382.6
45.6
7
Kresge Foundation
792.1
57.2
5.0
9
Lilly Endowment
703.4
151.1
44.3
0
8
The Hewlett Foundation
576.6
576.6
23.8
10
.
Interest from
Savings and
Temporary
Investments
Securities
1,920.3
Rockefeller Foundation
/ .9.8%
s
_~'_~.Dividends and
Interest from
$3,497.8
-
Sales
Capital Ass
1983
Top Ton Domestic Honoperating Foundations
Ranked by Fair Market Value (FMV) of Assets, 1983'
(Millions of Dollars)
2_Tfi`eMa_cWrthur Foundation
Figure C
Sources of Foundation Revenue,
1982 and 1983
$116.8
25.8
'
'A foundation is considered -domestic* if it is orgambred in the United State,,; ho-er,
this does not necessarily imply that all of its actfivitles or gram recipients are dom-m.
FOUNDATION INCOME AND ASSETS
Total revenue received by private foundations
rose by nearly a third between 1982 and 1983.
This., was largely attributable to a substanti al
increase in sales of capital assets.
After
'
deductions for allowed expenses, which remained
fairly constant
between
the 2 years,
the
resulting net revenue amounted to $6.2 billion,
a 78-percent increase over 1982.
See Figure C
for a presentation of the major sources of
revenue for 1982 and 1983.
Several factors are probable contributors to
the surge in sales of capital assets.
First,
and most likely a prominent force, was the
fast-paced securities investment environment of
1983.
The Dow Jones Industrial Average closed
1983 at 1258.64, up 20 percent for the year
[8].
Stock prices which began to rally during
mid-1982 continued their upward clirnb into 1983
[9].
Individuals' and corporatio'
1 ns also reported significant increases in' capital gains
between 1982 and 1983, although at rates not
nearly as hi h as the rate increase reported by
foundations ?110,111.Second,
a
1981
tax
law enactment which
eliminated the requirement that foundations pay
out as charitable -distributi-ons all of - their
investment
income also may have encouraged
foundation *sales of capital assets.
Beginning
with 1982, the required minimum payout became a
13
A Private Foundation Profile For 1983
flat 5 percent of net investment assets. The
pre-1982 1 aw had encouraged foundations to
invest in securities having lower income yields
but with potential for higher appreciation
The new law offered foundations an
values.
opportunity to restructure their investment
portfolios to include securities which produced
higher rates of return. The relaxed distribution requirement, coupled with the fact that
capital gains from sales of securities by
private foundations were not subject to regular
may have encouraged more
income taxation,
(portfolio restructuring)
in
securities
trading
than otherwise would have been the case [12].
A third factor possibly influencing foundations' sales of capital assets was the excess
business holdings provision of the Internal
Revenue Code.
Under this law, foundations
which on May 26, 1969, held more than a 75percent interest either in the voting stock or
in the value of all classes of stock in a business enterprise generally were required to dispose of a certain amount of that interest to
reach a permissible level of holdings within a
Many
15-year period ending on May 26, 1984.
affected foundations had to dispose of these
excess business holdings before the end of their
1983 accounting periods to avoid the imposition
Some of these foundations
of a penalty tax.
may have held their stock interests as long as
possible, planning their divestitures for 1983.
inflationFoundation assets rose by an
adjusted 10.2 percent between 1982 and 1983
investments in
[13].
As Figure D shows,
securities (the predominant asset of most foundations) increased by only 5.4 percent (also
adjusted for inflation), while large gains can
be noted for cash and both categories of
depreciable assets and land.
These changes
might be explained by the increased sales of
securities prompted by a combination of brisk
stock market trading, the tax law change
concerning distribution of investment income,
last-minute
and the effect of foundations'
compliance with the excess business holdings
Foundations no longer had to be
provision.
concerned about their investment income as a
factor in their required minimum payout computation and could begin to reshape their investMoreover,
lower
interest
ment strategies.
rates throughout 1982 and into the beginning of
1983 also might have encouraged increased property investment activities.
The ledger (book) value of foundation assets
increased by about 18 percent from 1982 to
As a percentage of assets, liabilities
1983.
for both years,
remained
nearly constant
resulting in net worth increasing by about the
same amount as ledger assets.
Figure D.--Components of Assets, 1982 and 1983
[Money amounts in billions of dollars]
Income year
Type of asset
Total .................
Securities ............
Cash, total ...........
Savings and interestbearing accounts ....
Non-interest-bearing
accounts ............
Depreciable assets and
land held for charitable purposes ......
Depreciable assets and
land held for investment purposes .......
Accounts and notes
receivable ...........
Other .................
Percentage
change
1982
t o 1'.9 83
1982
1,983
(1)
(2)
(3)
$62.9
49.8
4.6
$71.9
54.5
6.1
10.2%
5.4
28.1
4.0
5.4
27.6
0.5
0.7
32.3
1.5
2.2
40.9
1.5
3.5
125. 7;~
0.9
4.6
1.0
4.6
9.9
-3.4
'Adjusted for inflation and based on unrounded
dollar amounts.
2The MacArthur Foundation, whic h for 1983 had
a substantial increase in real estate investments, accounted for a large portion of this
increase. Excluding MacArthur, the change (adjusted for inflation) drops to 37.3 percent.
inverse
relationship
Figure
E
shows
an
foundation
yields
on
between
investment
securities and the size of a foundation's
This suggests that large foundations
assets.
structure their portfolios differently from
The small foundations
smaller organizations.
apparently do not rely on interest and dividend
income to broaden or maintain their endowment
base; rather, they serve as a conduit for the
funds they receive by passing therff through to
Large foundaother tax-exempt organizations.
tions, in contrast, often follow a "total
return" philosophy and balance their portfolios
to take into account both appreciation value
Figure E al so appears to show a
and yield.
negative correlation between the percentage
yield earned on securities investments and the
to total
of those
investments
proportion
Presumably, the larger foundations
assets.
that are more heavily invested in securities
can afford to diversify to a much greater
extent
and need not rely solely on the
forecasted interest or dividend yield to be
earned from a security when making investment
decisions.
A Private Foundation Profile For 1983
14
Figure E.--Yield on Investments in Securities,
by Size of Total Fair Market Value of Assets,
1983
[Money amounts in millions of dollars]
allowed under the tax law.
(See the discussion
of systematic grant planning below.)
A small
number, about 1.5 percent, were not required to
make a distribution for 1983.
Per-
The grantmaking methodology of nonoperating
private foundations varies from foundation to
foundation, but it generally is influenced by
the size of the organization.
Small foundations receive most of their revenue in the form
sources
and
of
contributions from outside
usually pay out grants that equal or exceed the
contributions
received.
Some
organizations
with very small assets act solely as "flowthroughs,"
or conduits,
for
redistributing
donations and contributions received during the
year.
Company-sponsored foundations in some
ways are similar to flow-through organizations.
Many companies set up foundations as a means to
stabilize their annual grantmaking.
Although
contributions to company- sponsored foundations
usually
correspond
to the profits of the
corporation, i.e., more corporate giving in
good years and less in poor years, they have
the ability to maintain
and control
their
endowment in a way to provide a steady flow of
grants, even when corporate profits are down.
Interest/
Fair market InvestPercent dividends centvalue
ments in
of
from
age
of assets
securities assets securities yield
(2)
(3)
(4)
75.8%
$3,209.4
5.9%
175.7~ 44. 1*
13. 5*
7. 7*
(1)
Total ..... $54,516.9
Under
$100,0001...
$100,000
under
$1,000,000..
~ 2,246.4
59.7
174.3
7.8
under
$10,000,000.
9,052.8
64.4
618.9
6.8
$10,000,000
under
$50,000,000.
11,094.3
75.8
683.1
6.2
$1,000,000
$50,000,000
or more ...
31,947.7
81.8
1,719.6
5.4
*Estimate should be used with caution because
of the small number of sample returns on which
it is based.
'Includes foundations with zero assets and unreported assets.
CHARITABLE DISTRIBUTIONS
For
1983,
nonoperating
foundations
were
required to pay an 'aggregate minimum of
billion
in
the form of disbursements or
reserved funds which qualified as supporting
charitable or
nonprofit
activities.
These
organizations actually distributed $4.6 billion
for tax-exempt activities,
made charitable
program-related investments of $61.6 million,
and reserved $146.5 million for future charitable projects.
Adding in the $32.0 million
they paid to acquire assets,used for charitable
purposes, the total qualifying distributions of
all nonoperating foundations amounted to $4.8
billion for 1983.
Eighty percent of all nonoperating foundations made qualifying distributions which met
or exceeded the minimum amount required for
1983. More than half of these foundations paid
out amounts which were at least double the
required amount and accounted for roughly 40
percent of all qualifying charitable distriClose to 19 percent of all
butions made.
nonoperating foundations paid out amounts less
than those required. However, this is a normal
practice followed by many foundations which is
L-arge-foundat i-ons-are-more-l-i-kel-y-t-o-b~a7s-(~
thei r grantmaking on thei r investment performance.
The law provides for this type of
systemmatic planning by allowing a 1-year taxand penalty-free grace period for meeting the
minimum required charitable distribution if a
foundation fell short of the minimum in its
current reporting year.
Because investments
are the main component of large foundations'
assets and the required distribution is based
on a fixed percentage of net investment assets,
the large foundations usually make qualifying
distributions that are relatively close to the
required percentage.
SUMMARY
For 1983, private foundation revenue increased by 78 percent, attributable mainly to a
138-percent increase in sales of capital assets,
principally securities.
These capital asset
sales accounted for 35 percent of all revenue
reported, edging interest and dividend income
out of its traditional ranking as the largest
component of foundation revenue.
An estimated 29,863 foundations spent $5.2
billion for philanthropic purposes.
Of this
amount,
$4.4
billion comprised
grants
to
tax-exempt organizations engaging in philanthropic activities, a 6.1 percent increase over
grants paid for 1982.
Foundation assets rose by an inflationadjusted 10.2 percent between 1982 and 1983.
Depreciable assets and land held for investment
purposes showed the largest gain of all asset
components, more than doubling for 1983.
The
A Private Foundation Profile For 1983
drop in interest rates which occurred during
1982 and 1983 and the increase in revenue
generated
through
the
sale
of
securities
investments likely contributed to the increase
in real estate purchases.
15
Because the data presented in this article
are estimated based on a sample, they are
subject to sampling and nonsampling error.
To
use the statistical data properly, the magnitude
of the sampling error should be known. Coefficients of variation (CV,s) are used to measure
that magnitude.
DATA SOURCES AND LIMITATIONS
The statistics in this article are based on a
sample of 1983 Income Year private foundation
returns, Forms 990-PF, filed with the Internal
Revenue Service (IRS) and having accounting
periods ending December 1983 through November
1984.
Forms 990-PF filed by nonexempt charitable trusts and certain taxable foundations
were excluded from the study.
The sample was
stratified based on size of total book value of
assets and selected at rates that ranged from
0.7 percent to 100 percent.
The 1,374 returns
in the sample were drawn from an estimated
population of 29,863.
The 1983 sample was designed to provide the
most reliable estimates of total assets and
total income based on a small number of returns.
(Resource constraints necessitated a very small
The methodology employed was to
sample size.)
include in the sample all returns with assets
the
(book value) of $10 million or more,
category where the highest concentration of
assets exists.
The 697 returns in this group
accounted for approximately 51 percent of all
the returns in the sample and 70 percent of the
total assets of all foundations. The remaining
677 returns in the sample were randomly selected
at various rates, depending on the asset size.
Due to the small number of sample returns selected to represent the population of returns
with assets under $100,000 (92 sample returns),
the statistics presented for this group are
subject to significant sampling variability and
should, therefore, be used with caution.
The population from which the sample was drawn
consisted of an extract of private foundation
records obtained from the IRS Business Master
File.
Determinations of active filing status
were made regarding the sample records.
Some
of the records designated were for organizations
that were deemed inactive (no return had been
filed for at least 3 years), terminated, or had
not yet filed a return for 1983.
Inactive and
terminated private foundations are not reflected
in the estimates.
Prior-year returns were substituted for the small number of large private
foundations for which a 1983 return had not yet
been filed or was unobtainable for inclusion in
the study.
Sample weights applied to small
organizations were revised upward to compensate
for missing returns in that category.
Asset
distributions presented in the 1983 tables have
been compressed due to the small number of returns with assets less than $10 million selected
for the sample.
Figure F below presents an estimate of the
sampling error, expressed as a coefficient of
variation, for frequency estimates of private
foundation returns with less than $10 million
in assets.
Returns with assets of $10 million
or more were selected at a prescribed rate of
100 percent; therefore, this category is not
subject to sampling error.
The approximate
CV,s shown here are intended only as a general
indication of the reliability of the data. For
a number other than those shown below, the
corresponding CV's can be estimated by interpolation.
Figure F.--Coefficient of Variation Table, 1983
Estimated number of returns
by si ze of total assets'
Approximated
coefficient
of variation
Under
$100,000
or not
Reported
under
$1,000,000
$10,000,000
(1)
(2)
(3)
(4)
13,400
9,700
5,400
2,200
9,700
7,000
4,800
3,300
1,800
700
3,500
2,200
1,300
900
400
200
.025
.050
.075
.100
.150
.250
'Total
ported.
$100,000
assets
used
$1,000,000
under
were the
book value re-
A discussion of the reliability of estimates
based on samples and the use of coefficients of
variation for evaluating the prec i si on of
sample estimates can be found in the general
Appendix to this publication.
EXPLANATION OF SELECTED TERMS
The following explanations describe terms as
they app I i ed to pri vate foundations duri ng
their 1983 Form 990-PF accounting periods.
Assets Zero or Not Reported. Included in this
asset size category were: (1) final returns of
liquidating or dissolving foundations which had
disposed of all assets, and (2) returns of foundations not reporting beginning-of -year assets
that apparently distributed all
income and
assets received during the year.
16
A-Private Foundation Profile For 1§83
Disbursements for Charitable Purposes. --These
deductions
represented
expenditures for activities that were directly related to the
tax-exempt purposes of the foundation. Included
were necessary and reasonable admini-strative
expenses paid for charitable, scientific, educational, or other similar purposes.
These
amounts were determined solel
on the cash
receipts and disbursements method of accounting.
Distributable
Amount.--The
distributable
amount representeE--tNe-mi n i mum payout which was
required to be distributed by the end of the
year following the year for which the return
was filed in order to avoid payment of an
excise tax for failure to distribute income
currently.
This amount was computed asv - 5
percent
of
net
investment
assets
(minimum
investment return), minus taxes. on- net investment income and unrelated business, income,
plus/minus
allowed
adjustments.
(See
"Net
Adjustments to Distributable Amount". for a
definition of allowed adjustments .)
Minimum
Investment
Return.--This
was
the
aggregate fair market value of assets not used
for charitable purposes, less the sum of indebtedness incurred to acquire those assets and
cash held for charitable activities, multiplied
Wy_5 percent. Th-e-mi-afiffuminvestment return
was used as the base for calculating the "distributable amount."
Net Adjustments to Distributable Amount.-Adjustments that increased the "distributable
amount" consisted of increases attributable to
the income portion (as distinct from the
principal portion) of distributions from splitinterest trusts on amounts placed in trust
after May 26, 1969.' A split-interest trust was
a trust which was not exempt from tax, not all
of whose interests were devoted to charitable,
religious, educational, and like purposes, and
which had amounts in trust for which a charitable contribution.deduction was allowed. '
Adjustments that decreased the distributable
amount were the result of income required to be
accumulated as part of an organization's governing instrument.
This applied to foundations
organ ized before May 27, 1969, whose governing
instrument conti,nued to require the accumulation
after a judicial proceeding -to change the governing instrument was terminated.
Nonoperating Foundation.--Nonoperating foundations were organizYtions: that carried on their
charitable activities in an indirect manner by
making grants, in general
to other organizations that were directly ~ngaged in charitable
activities, rather than engaging in charitable
activities
themselves.
Nonoperating foundations were subject to an excise tax (and
possible additional penalties) for failure to
distribute, within a required time period, an
annual minimum amount for charitable purposes.
Operating Foundations. --Operating foundations
generally expended their income for the direct,
active involvement in a tax-exempt activity,
such as operating a library or museum, or conducting scientific research. To qualify as an
operating foundation for a particular taxable
year, a private foundati6n. had to~ spend at
least 85 percent of the lesser of its adjusted
net income or minimum investment return on
exempt-purpose activities (the "income test")
and, in addition, satisfy one of three other
tests termed the "assets test," the "endowment
test,"
and the "support test."
Operating
foundations were excepted from the income
distribution requirements and related excise
!taxes
applicable
to
private
foundations.
Distributions made by a. private foundation to
an
operating
foundation
qualified
toward
meeting the distributable amount.
(Distribu'tions made to nonoperating foundations were
subject to a number of strict conditions and
restrictions.) Additionally,' donors to operat,ing foundations could receive the 50-percent
charitable contributions deduction (reduced to
30 percent for contributions to nonoperating
foundations)
provided
under
the
Internal
Revenue Code.
Pri-vate-F-oundati -an-s--Privat-e-fomat-ions
nd
were
nonprofit coFporations, associations or trusts
with a narrow source of funds which operated or
supported
social, . educational,
scientific,
charitable, religious and other programs dedicated to improving the general
welfare of
society.
By Internal Revenue definition, a
private 'foundation was an organization which
4Ual'if ied for tax exempt status . under Internal
Revenue Code section 501(c)(3) and was. not a
church;' school;
hospital;
medical
research
organization; an organization with broad. public
support (public charity); an' organization which
was operated by, or in conn e ction with, any of
the above described organizations,
' "
or'an organi2ation which tested for public safety.
The
primary
difference
between. foundations
and
public. charities lay in the sources of their
funding.
Foundations us6ally received their
funds from an
individual,, a family or a
corporation, while,
as their name
implies,
public charities' -fund's 'were derived mainly
from a large number ofI sources within the
general public.'
. I :
Sales of Capital Asset.s.-7This item represented __F_
t e net gain or-1-oss from the sale of
foundation assets, exclusiVe of those used for
business purposes.
Included was profit or loss
from sale of items of an investment nature such
as securities, land, buildi6gs, or equipment.
Gain or loss reflected the amount shown on the
books of the foundation and included any gain
or loss from the sale of property used for
exempt purposes.
Gain or loss from-the sale of
business assets was included in gross profit
from business activities.
A Private Foundation Profile For 1983
Value of Noncharitable Assets (Investment
inimum
Assets).--For purposes of calculatiFg--rrminvestment return," only the assets that were
not used or held for use for exempt purposes
entered into the computation. An asset was not
used directly in carrying out the foundation's
exempt purpose if the asset was not used in the
carrying on of a charitable, educational or
other similar function which gave rise to the
exempt status of the foundation.
NOTES AND REFERENCES
El I
[21
31
E 41
See
"Data
Sources
and
Limitations"
section of this article for a description
of foundation accounting periods covered
by the 1983 study.
See Riley, Margaret, "Private Foundation
Information Returns, 1982,"
Statistics
of Income Bulletin, Fall 1985, pp~27.
Certain data published for 1982 have been
revised and are used for comparison to
Updated
1983 data cited in this article.
1982 data are available upon request from
Statistics
of
Income
the
Director,
Division D:R:S, Internal Revenue Service,
Washington, DC 20224.
The required minimum amount is called the
"distributable amount" and is defined,
along with other terms used throughout
this
article,
in the "Explanation of
Selected Terms" section.
The $5.2 billion expended for charitable
all
related
adminpurposes
included
istrative expenses.
Effective January 1,
1985, a ceiling was placed on the amount
of grant-related administrative expenses
which a foundation could apply toward the
required distribution.
billion
Also
included
in
the
$5.2
expenditure was $0.6 billion spent by
operating foundations, which were not
the
minimum
distribution
s~bject
to
requirement because they made distributions directly for the active conduct of
tax-exempt activities.
E 51
If an organization failed
Internal
Revenue Service's
to meet the
requirements
17
for retaining its public charity status,
it was reclassified as a private foundation.
Most often, these reclassified
organizations
continued
to operate as
public charities, operating programs or
providing direct services as opposed to
making grants to accomplish a charitable
purpose.
Perhaps many of these organizations could have qualified as operating
foundations, but had not requested such
status from the Internal Revenue Service.
r, 61
All references to assets in this article
a re a t their fair market value unless
otherwise stated.
r7l
Fundacao Calouste Gulbenkian, a foreign
private foundation not listed in Figure
B, held assets worth $862.2 million and
paid out $26.1 million in grants for 1983.
F81
The Washington Post, "Business
1984", January 8, 1984, p. K5.
[91
U. S. Department of Commerce,
Economic
Analysis, Business
Digest, October 1986, p. 59.
[101
U.S. Department of the Treasury, internal
Revenue
Service, Statistics of Income-Individual Income Tax Returns, for T9U2
and 1983, Table 1.3.
,rll]
U.S. Department of the Treasury, internal
Revenue
Service, Statistics of Income-Corporation Income Tax Returns, for 1982
and 1983, Table 2.
Ir 121
Capital gains (less losses to the extent
of the gains) were included in the computation of net investment income, upon
which an excise tax was levied for most
foundations.
Generally,
for 1983 the
excise tax was 2 percent for domestic
foundations and 4 percent fo r foreign
foundations.
El 31
Al I inflation-adjusted figures cited in
this article were derived using the Gross
National Product Implicit Price DeflaSee Council of Economic Advisors,
tor.
the
President,
Economic
Report
of
Fe b r u a ry 19 8_6_,__T_a_b_1_
eB - 3 .
Outlook
Bureau of
Conditions
18
A Private Foundation Profile for 1983
Table I.-Number of Foundations, Total Revenue and Total Expenses, Net Investment Income,and Tax, Total Assets, Net
Worth, and Distributions, by Type of Foundation and Size of Total Fair Market Value of Assets, 1983
[Money amounts are in thousands of dollars)
Size of total
fair market value of assets
Number
of
returns
Total revenue
Number of
returns
(2)
(1)
Amount
(3)
Total expenses
Number of
returns
14)
Dsibursop ents; for
exempt urposes
Amount
Num ber of
returns
Amount
Number of
returns
Amount
(5)
(6)
(7)
(8)
(9)
All foundations, total .................................
29,863
Zero or unreported .............................................
$1 under $100,000 .............................................
$100,000 under $1,000,000 .................................
$1,000,000 under $10,000,000 .............................
$10,000,000 under $25,000,000 ............................
$25,000,000 under $50,000,000 ............................
$50,000,000 under $100,000,000 ..........................
$100,000,000 or more ........................................
13,687
10,878
4,237
542
182
91
93
Nonoperating foundations, total ............
27,076
Zero or unreported ............... - ..........................
$1 under $100,000 ............................................
$100,000 under $1,000,000 .................................
$1,000,000 under $10,000,000 .............................
$10,000,000 under $25,000,000 ............................
$25,000,000 under $50,000,000 ............................
$50,000,000 under $100,000,000 ..........................
$100,000,000 or more ........................................
12,014
10,252
3.B48
486
161
77
86
11.253
10,204
3,848
486
161
77
86
304,439
779,086
2,133,043
1,043,992
875,824
928,640
4,191,045
10,644
10,156
3,836
486 .
161
77
86
291,361
567,043
1,235.914
650,088
496.411
459,824
1,493,649
10,444
10.012
3,812
485
158
76
86
Operating foundations, total ...................
2,787
2,787 1,875,072
2,787
687,852
2,702
Zero or unreported ............................................
$1 under $100,000 ............................................
$100.000 under $1,000,000 .................................
$1,000,000 under $10,000,000 .............................
$10,000,000 under $25,000,000 ............................
$25,000,000 under $50,000,000 ............................
$50,000,000 under $100,000,000 ..........................
$100,000,000 or more ........................................
1.674
626
390
56
21
14
7
Grantmaking foundations, total ..............
25,465
1
Zero or unreported
...................
$1 under $100,000 ............................................
....................
$100,000 under $1,000,000 ...... ...........................
$1,000,000 under $10,000,000 ............
$10,000,000 under $25,000,000 ........ * ......... * ... * ...
$25,000,000 under $50,000,000
. ...........
...
$50,000,000 under $100,000,000................ ... .
$100,000,000 or more .........................................
................. **"* .....
*152
10,444
10.156
3,871
505
165
81
91
29,054 12,131,74E
12.927
10.830
4,237
542
182
91
93
26,267 10,256,677
. 1,674
626
390
56
21
14
7
12,318
10.782
4,225
542
182
91
93
'609
301,366
809.099
2,160,494
1,062,388
907,221
952,103
5,183,735
313,165
619,944
1,560.088
720.921
556,923
516.115
1,594.987
25,598 5,194,900
15.908
58,715
468,481
80,948
115,931
85,963
1,049,126
25,009 11,377,01 E
-152
9,987
10,156
3,871
505
165
Of
91
28,385 5,882,752
320,347
837,800
2.601,524
1.124,940
991,755
1.014,602
5,240.171
1,674
626 .
390
56
21
14
7
- I
21,804
52,901
324,173
70,832
60,512
56,291
101.338
25,465 5,384,078
w
*152
10,444
10,156
3,871
505
165
81
91
Oualitying writributions,
gifts. and grants paid
292,900
607,479
1,274,603
660,412
501,212
479,491
1,567,374
27,927 5,155,188
12,118
10,589
4,166
540
179
90
93
307,444
579,417
1,372,402
629.643
475,653
439.028
1,350,994
25,225 4,598,058
1,674
577
354
55
21
14
7
,
282.644
538,686
1,092,491
549,785
389,385
366,994
1,142,760
24,233 4,264,906
Amou nt
(11)
29,098 6,248,9§-5
13,231
10.734
4,225
542
182
91
93
7,181
217,856
1,041,436
404,019
434,832
498.487
3.645.184
26,463 5,061,776
286,707
537,407
1,100,035
577.627
426,345
390,341
1,278,987
9,835
9.675
3.777
478
155
75
86
279,704
527,395
1,041,910
538,028
385,538
360,446
1.131,277
11,709
10,108
3,836
486
161
77
86
557,130
1,232
98,447
2,635 1,187,219
-
609
481
94
27
10
6
5
2,940
11,291
50,581
11.756
3,847
6,548
11,482
20,736
42010
272:367
52,016
49,308
48,687
72,006
25,465 4,812,173
10,444
10,156
3,871
505
165
81
91
Number of
returns
(10)
25,465 4,363,354
10,444
10,156
3,871
50
16
81
91
Excess of revenue
wer expenses
288,073
571,528
1.170,147
589,778
436,475
412,998
1,342,565
25,465 4,363,354
10,444
10,156
3,871
505
165
81
91
609
282,644
538,686
1,092,491
549.785
389,385
366,994
1,142,760
1,522
626
39b
56
21
14
7
13,078
212,042
897,128
393,903
379,413
468,815
2,697,396
-5,897
5,814
144,308
10,116
55,419
29,672
947,788
25,205 5,992,936
10,444
10,060
3,859
505
165
81
91
8,465
201,620
885,892
401,976
406,010
472,613
3,616,361
Grantmaking-nonoperating
-foundations;- total ................................... -24-1233 -23,776 101-120,844 -24-1233 -51-117,031 -24-1233 -4-1571-1802 -24-1233 -4-1264-1906 -23-1973 -51-003-1812
Zero or unreported ..........% ..................................
$1 under $100,000 .............................................
$100,000 under $1,000,000 ..................................
$1,000,000 under $10,000,000 ..............................
$10,000.000 under $25,000,000 .............................
$25,000,000 under $50,000,000 .............................
$50,000,000 under $100,000,000 ...........................
$100,000,000 or more .........................................
9,835
9,675
3,777
478
155
75
86
9,379
9,675
3,777
478
155
75
86
298,887
758,608
2,075,980
1,025,522
857,633
912,560
4,191,045
9,835
9,675
3,777
478
155
75
86
289,746
561,784
1,209,425
634,898
474,742
452,180
1,493,649
9,835
9,675
3,777
478
155
75
86
285,097
535,937
1,099,510
568,100
414,535
389,028
1,278,987
9,835
9,675
3,777
478
155
75
86
279,704
527,395
1,041,910
538.028
385,538
360,446
1,131,277
9,835
9,579
3,765
478
155
75
86
9,141
196,824
866,555
390,624
382,892
460,380
2,697,396
Nongrantmakinl;nonoperating
foundations,
tal ..................................
2,843
2,490
135,833
1,365
77,869
992
26,256
-
-
2,490
57,964
2,179
577
-
5,552
20,477
*57,063
18,470
18,191
16,080
*809
481
*59
8
6
2
-1,615
5,259
-26,490
15,191
21,669
7,644
609
*337
-1,611
-1,469
*525
9,527
11,810
1,313
-
-
1,874
529
*71
8
6
2
3,937
15,218
*30,573
3,279
-3,479
8,436
Zero or unreported ............................................
$1 under $100,00C ............................................
$100,000 under $1,000,000 .................................
$1,000,000 under $10,000,000 .............................
$10,000,000 under $25,000,000 ............................
$25,000,000 under $50,000,000
........................
$50,000.000 under $100,000,000 ..........................
$100,000,000 or more .........................................
Footnotes at end of table.
8
6
2
1,874
529
*71
8
6
2
7
3
1
A Private Foundation Profile for 1983
Revenue
and Total Expenses, Net Investment Income and Tax, Total Assets, Net
Table 1.-Number of Foundations, Total
Worth, and Distributions, by Type of Foundation and Size of Total Fair Market Value of Assets, 1983-Continued
19
[Money amounts are in thousands of dollars]
Net imestment
income
Net rwenue
Size of total
fair market ~alue of assets
All foundations, total ................................
Zero or unreported .................. ................... ......
$1 under $100 000, ......................................... ...
$100,000 under $1 000,000 ..................................
si,ooo,ooo under $10,000,000 ..............................
$10,000,000 under $25,000,000 .............................
$25,000,000 under $50,000,000 .............................
$50,000,000 under $100,000,000 ...........................
$100,000,000 or more ........................................
Nonoperating foundations, total ............
Zero or unreported ............................................
$1 under $100,000 ............................................
$100,000 under $1,000,000 .................................
$1,000,000 under $10,000,000 .............................
$10,000.000 under $25,000,000 ................. ..........
$25,000,000 under $50,000,000 ............................
$50,000,000 under $100,000,000 ..........................
$100,000,000 or more ........................................
Operating foundations, total ...................
Zero or unreported ............................................
$1 under $100,000 .......................................... .
$100,000 under $1,000,000 .................................
$1,000,000 under $10,000,000 .............................
$10,000,000 under $25,000,000 ...........................
$25,000,000 under $50,000,000 ............................
$50,000,000 under $100,000,000
....................
$100,000,000 or more ........................................
Grantmaking foundations, total ..............
Zero or unreported .............................. .............
$1 under $100,000 ......... . ................................
$100,000 under $1,000,000 .................................
$1,000,000 under $10,000,000 ......... ...................
$10,000,000 under $25,000,000 ............................
$25,000,000 under $50,000,000 ............................
$50,000,000 under $100,000.000 .................... . . .
$100,000,000 or more .................................... ...
Grantmaking-nonoperating
foundations, total ..................................
Zero or unreported ............................................
$1 under $100,000 ............................................
$100,000 under $1,000,000 .......................... .....
$1,000,000 under $10,000,000 ....................... .....
$10,000,000 under $25,000,000 ........................ ...
$25,000,000 under $50,000,000 ............................
$50,000,000 under $100,000,000 ....... .................
$100.000,000 or more ........................................
Nongrantmaking-nonoperating
foundations, total ..................................
Zero or unreported .............................................
$1 under $100,000 .................................... . ......
$100,000 under $1,000,000 ......................... ... ...
$1,000,000 under $10,000,000 ..................... .. ...
$10,000,000 under $25,000,000 .............................
$25,000,000 under $50,000,000 ........... .................
$50,000,000 under $100,000,000 ...........................
$100,000,000 or more .........................................
Footnotes at end of table.
Net gain or low fro,
sates of capital assets
Excise tax on net imestment income
Number or
returns
Amount
Number of
returns
Amount
Number of
return s
Amount
Total
amount
(12)
(13)
(14)
(15)
(16)
(17)
118)
16,941 6,734,304
6,231
39,739
25,171 8,339,443
9,531 .
35,632
8,297 4,227,439
1,21 7
11,525
Foreign organizations
Domestic organoations
Number of
returns
(19)
Amount
Number of
returns
Amount
(20)
(21)
(22)
166,848
-
25,145
-
165,965
-
a
-
710
9,531
710
-
2
3
1
2
8
2
3
1
2
-
882
-
107.743
3,869
2,472
441,729
438
303,742
143
280,464
75
286,219
82
2,796,017
7,746 3,297,002
.1,065
-11,349
105,492
3,725
406,615
2,283
408
293,029
126
222,113
63
255,415
76
2,002,989
550
930,438
-
7,165
26,819
15,631
13,810
13,585
89,127
140,566
657
6,910
24,727
14,832
11,884
12,190
69.368
26,281
-
10,589
4,143
532
171
90
90
23,173
8,618
9,964
3,800
480
151
76
84
1,973
-
7,165
26,819
15.604
13,694
13,571
88,403
139,684
657
6,910
24,727
14,805
11,767
12,176
68,644
26,281
-
283
165,730
24,178
41
55,643
19
43,154
12
947,984
6
14,314 6,414,555
4.357
35,064
6,231
310.493
3,018
1,032,727
411
470,480
144
444,899
72
490,310
81
3,630,581
10,589
358,329
4,155
1.340,982
537
781,551
176
690,671
91
678,910
93
4,453.368
23,185 7,009,617
8,618
32,965
9,964
345,580
3,800
1.236,374
484
740,963
156
594,325
77
609,136
3,450,276
86
1,987 1,329,826
'913
626
12,749
354
104,609
53
40,588
20
96,346
14
69,774
7
1,003,092
22,414 8,091,673
7,705
32,228
10,012
347,518
3,859
1,251,964
503
757,491
163
628,831
81
649.691
91
4,423,950
*144
-2,250
189
35,114
30
10,713
17
58,351
12
30,805
6
793,029
7,798 4,133,110
-1,217
11,525
106,020
3,581
410,162
2,307
295,796
412
242,975
133
277,278
67
81
2,789,353
255
2,092
799
1,927
1,395
19.760
162,182
642
6,949
25,039
15,150
12,568
12,994
88,841
626
342
52
20
14
6
22,405
7,705
10,012
3,859
499
160
81
89
255
2,092
799
1,927
1.395
19,760
161,326
642
6,949
25,039
15,123
12,463
12,994
88,117
5
2
1
2
857
-
13,622 5,411,241
4,053
35,059
5,942
303,889
2,959
1,012,604
390
453,970
135
421,671
67
472,629
77
2,711,419
21,336 6,985,530
7,248
30,594
335,485
9,531
1,234,489
3,765
478
735,147
592,664
153
606,875
75
86
3,450,276
7,427 3,293,134
*1,065
'11,349
3,436
103,770
2,259
406,523
403
290,985
125
222,109
62
255,409
76
2,002,989
140,072
610
6,708
24,689
14,716
11,845
12,137
69,368
21,328
7,248
9,531
3,765
475
150
75
84
139,216
610
6,708
24,689
14,688
11,739
12,137
68,644
5
2
1
2
857
-
3,867
-
494
47
202
1,845
1.370
'433
468
'47
3
-
26
-
2,044
4
-1-
116
39
52
-
5
1
1
-
116
27
38
-
2
1
-
11
14
-
6,664
330,528
3,290
1,214,666
435
484,224
158
481,232
80
524,512
83
3,659,403
15,787 5,489,025
5,775
39,002
6,327
322,675
3,006
1,048,936
395
460,046
139
425,589
68
481,358
77
2,711,419
1,154 1,245,279
-
2,164
1,722
'385
*47
5
4
1
-
77,784
3,943
-18,786
'36,332
6,077
3917
8:7291
-1
1,849
*1,370
*433
'35
6
3
21
24,087
-2,370
-10,095
1,885
5,816
1 660
2:261 1
-
319
-
5
1
11
27
117
14
724
882
27
117
14
724
-
27
105
724
27
105
724
20
A Private Foundation Profile for 1983
Table 1.-Number of Foundations' Total Revenue and Total Expenses, Net Investment Income-and Tax, Total Assets, Net Worth, and Distributions, by Type of Foundation and Size of Total Fair Market Value of Assets, 1983'-n- Continued
[Money amounts are in thousands of dollars]
Si ze of tow
f air market va lue o f assets
All foundations, total ..............................
Zero or unreported ...........................................
$11 under $100.000 ..........................................
S 00,000 under $1,000,000 ...............................
$1,000,000 under $10,000,ODO ...........................
$10,000,000 under $25,000,000 .........................
$25,000,000 under $50,DOO,000 .........................
$50,000,000 under $100,000,000 ........................
$100.000,000 or more ......................................
Nonoperating foundations, total ..........
Number of
returns
Amount
Number of
returns
(23)
(24)
(25)
29,710 56,767,740
13,687
10,878
4,237
542
182
91
93
Total assets
(fair market value)
I-estments,
in socuntie
(book value)
Total assiets
(book value)
388,770
3.380,124
11,874,029
6,483,997
5,370,811
5,170.681
24,099.329
26,924 49,579,720
Amount
(26)
118,73~ 42,11 5,499
5,622
8,520
3,717
518
176
91
93
161,438
1,979,152
7,594,392
4,810,374
4,028.453
4,175,745
19,365,944
17,513 37,731,514
Number of
returns
(27)
12.014
10.252
3.848
486
161
77
86
340,235
3,156,971
10277212
1
5:818:6 5
4,743,314
4,480,292
20,763,081
5,166
8,135
3,4211
47
156
77
86
143.685
1,926,814
6,872,872
4,468,743
3,662.112
3,641,122
17,016,168
12,014
10,252
3,848
486
161
77
Operating foundations, total ................
2,787
7,188,620
1,224
4,383,984
Zero or unreported ....................... ..................
$1 under $100,000 ..........................................
$100,000 under $1,000,000 ...............................
$1,000,000 under $10,000,000 ...........................
$10,000,000 under $25,000,000 .........................
$25,000,000 under $50,000,000 ... : .....................
$50,000,000 under $100,000,000 ........................
$100,000,000 or more ................................
1,674
626
390
56
21
14
7
-
-
48.534
223,152
1,596,817
665,382
627,497
690,388
3,336,249
*457
*385
295
47
20
14
7
*17,754
'52,338
721,520
341,632
366,341
534,624
2,349,776
Grantmaking foundations, total ...........
Zero or unreported ................ : ..........................
$1 under $100,000 ...........................................
$100,000 under $1,000,000 ................................
$1,000,000 under $10,000,000 ............................
$10,000,000 under $25,000,000 ..........................
$25,000,000 under $50,000,000 ..........................
$50,000,000 under $100,000,000 .........................
$100,000,000 or more .......................................
Grantmakingwrionoperating
foundations, total ................................
.
25,313 53,273,5~O
044
1 015
,: 6
3 871
505
165
81
91
311886
3, 59: 887
10,440,230
1
6,010,053
4,859,622
4,702,456
23,789,385
24,081 48,775,510
17,505 40,444,10
5
8: ,' 31 ,
3,433
486
161
81
91
1, 139502
905011
6,919,774
4,608,313
3,779,914
3,886,402
19,205,277
16,714 3i,432,971
Amount
Arriount
(28)
(29)
(30)
398,699
3,764,742
14,053,799
8,206,650
6,438,926
6,457.898
32,614,178
26,924 63,528,018
Zero or unreported ..........................................
$1 under $100,000 ..........................................
$100,000 under $1,000,000 ...............................
$1,000.000 under $10,000,000 ...........................
$10,000,000 under $25,000,000 .........................
$25,000,000 under $50,000.000 .........................
$50,000,000 under $100,000,000 ........................
$100,OGO.000 or more ......................................
Net worth
Number of
returns
29,710 71,934,891
13,687
10,878
4,237
542
182
91
93
Investments
ife in securities
r market value)
18,360 54,516,887
5.574
8,280
3,634
518
172
89
93
175,702
2,246,440
9,052.793
6,322.191
4,772.081
5,024,375
26.923,305
17,030 49,693,234
Number of .
returns
(31)
Amount
(32)
29,709 53,818,344
13.687
10,878
~4,237
541
182
91
93
365.113
3,325.497
11,270,480
6,178,848
5,025,326
4,871,139
. 22,781,941
26,923 47,267,904
86
349,483
3,528,556
12,175,949
7,441,049
5,703,788
5,513,576
28,8 15,617
4,966
7.943
3,339
470
152
75
86
147,020
2,190,215
8,213,639
5,925,677
4,352.201
4,324,752
24,539,730
12.014
10,252
3,848
485
161
77
86
316.579
3.113,823
9.986.405
5,595,034
4,483,736
4,195,797
19,576,531
2,787
8,406,873
-
1,329
4,823,654
2,787
6,550,440
.1,674
626
'390
56
21
14
7
49,216
236,186
1,877,850
765,601
735,139
944,321
3,798,56 1
*609
*337
295
48
20
14
7
'28,682
'56,226
839,155
396,513
419,880
699,623
2,383,575 .
1,674
626
390
56
21
14
7
48,534
211,674
1,284,076
583,814
541,590
675,342
3,205,410
.
25,'i13 67,886,459
'
.10444
1
0156
3,871
505
165
81
91
332,43
3,528,284
12,424,872
7.664.116
5,863.690
5,823,880
32,249,185
24,081 62,653,707
17,176 52,637,095
5,11
7,895
3,351
486
157
79
91
163,61
2,173,846
8.288,784
6,078,649
4,496,399
4,668,517
26,767,287
16,280 49,357,409
25,312 50,967,855
10,444
10,156
3,871
504
165
81
91
288,229
'3,119,947
10,173,482
5,807,987
4,667,211
4,412,615
22,498,383
24,080 46,706,653
Zero or unreported ............. .............................
$1 under $100,000 ..........................................
$100,000 under $1,000,000 ...............................
$1,000,000 under $10,000,000 ...........................
$10,000,000 under $25,000,000 ....... .................
$25,000,000 under $50,000,000 .........................
$50,000,000 under $100,000,000 ........................
$100,000,000 or more ......................................
9,835
9,675
3,777
478
155
75
86
283,175
2,978,387
10,103,600
5,699,484
4,595,423
4,352,361
20,763,081
4,814
7,750
3,374
464
151
75
86
124.204
1,852,673
6,835,245
4,411,540
3,590,540
3,602,601
17,016,168
9,835
'9,675
3,777
478
155
75
86
302,858
3,333,750
12,003,887
7,304,277
5,531,199
5,362,117
28.815.617
4,661
7,558
3,292
463
147
73
86
137,205
2,117,620
8,177,562
5,852,618
4,255,931
4,276.743
24,539,730
9,835
9,675
3,777
477
155
75
86
259,518
2,949.925
9,916,422
5,519,271
4,416,633
4,068,353
19,576,531
Nongrantmakin nonoperating
f oundations, I-o tal ................................
2,843
804,210
799
298,543
2,843
874 ,311
751
335,824
2,843
561,251
2,179
577
178
57 :5.4
06 11
46,625
194,806
'172,062
136,771
172,588
151,459
-
-9 :6151
72594
2,179
~;71
1 57,061
63,897
~3 '059
96:270
48,009
2
Zero or unreported ..........................................
$1 under $100,000 ..........................................
$100,000 under $1,000,000. ..............................
$1,000,000 under $10,000,000 .... ......................
$10,000,000 under $25,000,000 .........................
$25,000,000 under $50,000,000 ......
$50,000,000 under $100,000,000 .........................
* ..................
$100,000.000 or more .......................................
Footnotes at end of table.
'71
8
6
2
73612
1119:131
147,890
127,932
7
5
2
1 9,480
*74 4
*37 271
57,203
71,572
38,520
2,5.7
179
771
1
8
2
*385
7
5
2
75,763
67,102
127,444
21
A Private Foundation Profile for 1983
Table 1.-Number of Foundations, Total Revenue and Total Expenses, Net Investment Income and Tax, Total Assets, Net
Worth, and Distributions, by Type of Foundation and Size of Total Fair Market Value of Assets, 1983-Continued
[Money amounts are in thousands of dollars]
Sue of total
fair market value of assets
Minimum investment
return
Number of
returns
(33)
Distributable
amount
Amount
Number of
returns
(34)
(35)
UndistAbuted
income for 1983
Qualifying
distributions
Amount
Number of
returns
Amount
(36)
(37F
(38)
Number of
returns
(39)
Excess distributions
carryover to 1984
Number of
.turns
(41)
Amount
(40)
Amount
(42)
All foundations, total ..............................
26,438
3,213,527
24,742
2,836,073
27,807
5,616,135
6,252
691,016
19,469
5,184,976
Zero or unreported ...........................................
$1 under $100,000 ...........................................
sioo,ooo under $1,000,000 ............. ..................
$1,000,000 under $10,000,000 ............................
S10,000,000 under $25,000,000 .........................
$25,000,000 under $50,000,000 .........................
$50,000,000 under $100,000,000 ........................
$100,000,000 or more ......................................
10,796
10,686
4,072
527
175
90
93
16,857
171,002
608,653
369,887
283,556
290,046
1.473,526
10,035
10,108
3,800
482
154
76
86
14,813
157,221
553,772
336,166
247,262
250,190
1,276,648
'152
11,966
10.589
4,202
538
178
90
93
307,264
591,371
1,502,412
677,509
509,333
457,460
1,570,177
2,483
2,117
1,336
182
58
30
46
3,563
22,461
137,041
78,159
55,912
70,483
323,397
8,618
7,943
2,428
297
99
46
38
463,782
1,031,663
1,971,196
644,000
382,375
248.171
443,789
Nonoperating foundations, total ..........
24,543
2,947,226
24,742
2,836,073
25,082
4,834,702
6,252
691,016
19,317
5,184,720
Zero or unreported ..........................................
$1 under $100,000 ..........................................
$100,000 under $1,000,000 ...............................
$1,000,000 under $10,000,000 ...........................
$10,000,000 under $25,000,000 .........................
$25,000,000 under $50,000,000 .........................
$50,000,000 under $100,000,000 ........................
$100,000,000 or more ......................................
9,883
10.060
3,800
482
155
76
86
15,293
162.310
562,419
350,378
257,795
254.944
1.344,089
10,035
10,108
3,800
482
154
76
86
14,813
157,221
553,772
336,166
247,262
250,190
1,276,648
'152
10,292
10,012
3,824
483
157
76
86
286,479
545,918
1.196,130
582,921
427,533
397,780
1,397,332
2,483
2,117
1,336
182
58
30
46
3,563
22,461
137,041
78,159
55,912
70,483
323,397
8,466
7,943
2,428
297
99
46
38
463,526
1,031,663
1,971,196
644,000
382,375
248,171
443,789
Operating foundations, total ................
1,896
266,301
-
-
2,726
781,433
-
-
*152
*256
$
Zero
or unreported ..........................................
$ 1 under $100,000 ..........................................
00,000 under $1,000,000 ...............................
$ 1 000,000 under $10,000,000 ...........................
$10' 00000 under $25000000 .............. ..........
-
-1,564
8,692
46,234
19,509
25,761
20,785
45,454
306,282
94.588
81.800
152
-
-
-
1,674
577
378
55
21
$25: 000:000
0
under $50:000:000 .........................
$50,000,000 under $100,000,000 ........................
$100,000,000 or more ......................................
Grantmaking foundations, total ...........
Zero or unreported ..........................................
$1 under $100,000 ..........................................
$100,000 under $1,000,000 ...............................
$1,000,000 under $10,000,000 .... ......................
$10,000.000 under $25,000,000 .........................
$25,000,000 under $50,000,000 .........................
$50,000,000 under $100,000,000 ........................
$100,000,000 or more ......................................
Grantmaking-nonoperating
foundations, total ................................
Zero or unreported ...........................................
$1 under $100,000 ...........................................
$100,000 under $1,000,000 .............. .................
$1,000,000 under $10,000,000 ............................
$10,000,000 under $25,000.000 ........ ......... .......
$25.000,000 under $50,000,000 ..........................
$50.000,000 under $100,000,000.........................
$100,000,000 or more .......................................
Nongrantmaking-nonoperating
foundations, total ................................
Zero or unreported ..........................................
$1 under $100,000 ..........................................
$100,000 under $1,000,000 ...............................
$1,000,000 under $10,000,000 ...........................
$10,000,000 under $25,000,000 .........................
$25,000,000 under $50,000,000 .........................
$50,000,000 under $100,000,000........................
$100,000,000 or more ...................................... .
626
272
45
20
-
14
7
23,497
8,770
10,060
3,836
497
163
81
91
35,103
129,437
3,114,052
14,805
165,128
569,185
358,268
271,071
272,537
1.463,057
-
-
22,636
8,466
9,627
3,753
477
152
75
86
2,822,059
13,395
151,990
551,745
333,474
246,629
248,177
1,276,648
22,436
8.313
9,579
3,753
477
153
75
86
2,932,752
13,836
156,876
560,355
347.570
257,134
252,892
1,344,089
22,636
8,466
9,627
3,753
477
152
75
86
2,106
1,570
481
14,474
1,457
5,433
-2,064
2,808
661
2,052
-1
5
2
1
-1
14
7
25,463
59,680
172,844
5,163,457
10,444
10,156
3,871
504
164
81
91
288,073
583,483
1,267,224
608,651
439,876
426,210
1,549,331
29822,059
13,395
151,990
551,745
333,474
246,629
248,177
1.276,648
24,231
4,805,036
9,835
9,675
3,777
477
154
75
86
286,097
544,448
1,195,589
570,600
415,723
395,639
1,397,332
2,106
1,570
481
14,014
1,418
5,231
851
-
5
2
1
2.692
633
2,013
-1
-1
N/A - Not applicable.
*Estimate should be used with caution because of the small number of sample returns on which d is based.
NOTE: Detail may not add to total because of rounding.
-
5,147
1,570
1,973
1,289
182
58
29
46
687,195
2,992
21,110
135,421
78,159
55,912
70,204
323,397
18,466
7,961
7,606
2,428
291
96
46
38
5,093,440
456,505
1,009,277
1,971,196
596,841
367,661
248,171
443,789
5,147
1,570
1,973
1,289
182
58
29
46
687,195
2,992
21,110
135,421
78,159
55,912
70,204
323,397
18,314
7,809
7,606
2,428
291
96
46
38
5,093,184
456,249
1,009,277
1,971.196
596,841
367,661
248,171
443,789
29,665
-1,383
1,469
1,106
-
39821
-
1,003
-
91,536
-
6
3
1
12,321
11,810
2,141
-
-1,619
280
-1
-1
1
-
6
3~
-
47,159
14,714
-
144
I
22
A. Private Foundation Profile for 1983
Table 2. - All Foundations: Balance Sheets and Income Statements, by Size of Total Book Value of Assets, 1983
(Money amounts are in thousands of dollars]
Size of total book value of assets
Item
Total
Assets
0)
Number of returns .............................................
Total assets (Book value) ................................
29,863
56,767,740
Cash, total ................................................ ............
Non-interest bearing accounts .................................
Savings and temporary cash investments ..................
Account
receivable, net ...........................................
Pledges receivable, net .............................................
Grants receivable .....................................................
R ...ivables due from disqualified persons ...................
Other notes and loans receivable. net .........................
Inventor as ..............................................................
Prepaid expenses and deferred charges ......................
Investments, total ....................................................
Securities., ..........................................................
Land, buildings, and equipment (Less accumulated
depreciation) .....................................................
Mortgage loans ....................................................
Other investments ................................................
Charitable-purpose land, buildings, and equipment (Less
accumulated depreciation) ......................................
Other assets ...........................................................
$100,000
$1.0001000
$10,000,000
$25,000.000
$50,DD0.000
$100,000
under
$1,000,000
d.
sl o`000.000
under
$25,000.000
under
50.000,000
under
00,000.000
(3)
(4)
(5)
(6)
(7)
(8)
$1 under
zero 0
unreporL
(2)
$100.000.000
or more
(9)
'152
-
13,847
390,361
10,97i
3,570,162
4,195
13,200,806
166
5,731,464
6,089,118
709,312
5.379,805
282.589
22,411
64,566
4,472
641,251
13,284
24,947
46,975,954
42,115,499
-
390
6,068,919
163,594
67,239
96,356
795.693
145.956
649,737
16,937
-1.681
-6.188
2,057,371
332.768
1.724,604
77,883
495,884
45,962
449,922
13.635
-
64.538
652,072
72,596
579,476
19,484
20.543
1,222
639
110,425
1,204
1,143
4.926,190
4,411,811
84,920
1,404
1,832
4,868.145
4.362,809
12
64,391
377
926
4.574,890
4,272,295
2,550
4
39,404
2,107
924
20,083,020
18,069.043
2,250,647
448,976
2.160.833
-
140,835
57,483
316,061
125,607
57,179
322,550
95,034
36,406
171,156
1,558,970
163,285
291,723
-
54,104
198,349
164,327
2,521,522
2,094,767
276.698
7,802
20,035
9,803.838
8,740,446
'13,599
101,244
*21,803
303,707
215,359
103,724
744,309
-
11,327
503
-
79
62
5,535,153 22,270,876
525.833
21,731
504,102
21,215
-
1,398,670
23,061
1,375,609
127,113
-
1.692,687
956,462
-7,554
13,666
102.599
56,844
610,440
292,315
210,280
125,719
184,043
81,097
140,874
206,633
436,897
180,187
Total liabilities ....................................................
2,949,396
*23,656
54,680
657,661
278,480
460,174
192,140
1,282,606
Accounts payable and accrued expenses ....................
Grants payable .......................................................
Support and revenue held for future periods ................
Loans from officers, directors, trustees, etc. ................
Mortgages and other notes payable ...........................
Other liabilities .......................................................
313,463
1,222,940
102,672
6,610
850,556
453,153
1 2,034
-2,739
-
6,687
-6,511
-4,413
62,023
122,476
'72,958
17,871
219,841
4,948
-
21,042
126,699
1,635
-
166,646
701,110
-7,609
-1,274
16,193
20,347
269,311
130,893
27,160
43,564
18.718
6,081
132,689
50,268
139,367
78,147
9,763
33,000
275,624
139,225
Net worth ............................................................
Total revenue .....................................................
53,818,344
12,131,748
*669
366,704
322,165
3,515,482
883,927
12,543,145
2,784,393
5,790,439
1,123,023
5,271,290
1,207,741
5,343,013
1,051,391
20,988,270
4,758,499
Contributions, gifts and grants received ...................... :
Membership dues and assessments ...........................
Interest on savings and temporary cash investments .....
Dividends and interest from securities ........................
Gross rents ...........................................................
Net gain (or loss) from sale of assets .......................
Gross profit from business activities ...........................
Other income ........................................... .............
3,025,097
30,043
824,215
3,209,392
177,364
4,249,281
147,645
468,711
'609
-
.283,866
931
467.767
* 1,434
81,528
188,107
30,391
79,654
*9,306
25,739
1,050,318
* 18,239
251,000
720,859
69,797
496,982
116,448
60,749
313,883
8,070
103,777
365,731
26,897
270,047
5,746
28,871
294,549
1,491
100.883
411.022
14.239
275,605
11.198
98,754
401,055
701
71,159
290,702
17,493
207,414
529
62,339
213,049
91
202,846
1,218,437
18,500
2,909,830
4.418
191,328
Total expenses ...................................................
5,882,752
315,417
663,758
1,690,459
691,577
763,080
439,514
1,318,337
3,440,162
13,022
14,533
9,748
-
*60
Contributions, gifts, and grants paid ............................
4,450,273
-Compensation-of-officers .
..
7 -113170
Other salaries and wages ..........................
........................
I ..............
* .........
273:357
Pension plans, employee benefits ...............................
59,766
~nvestment, legal and other professional services ..........
178,809
merest ..................................................................
53,770
Taxes ....................................................................
190,298
Depreciation ard depletion ........................................
68,442
Occupancy ............................................................
51,440
Other expenses ......................................................
443,427
-
. 574,085
284,720
1,182,633
537,223
564,689
317,642
988,672
-1-1220 ~5 743 -41-187 -15 593 -13 653 -10 526 -25 248
15:463
116:998
27:542
33:097
23:300
56:956
* 1,871
14,175
5,281
7,411
5,738
25.291
2,591
13,617
55,598
19,969
19,823
16,300
50,909
1,034
1 976
24151
3527
10652
420
2,011
.
849
10:310
40:822
1
18:905
36:588
21,391
61,434
5,238
24,545
10,077
8.316
11,634
5,855
1,574
22,631
5,717
4,338
3,164
13,195
21,406
33,881
167,720
37,743
64,514
29,399
88,765
Net revenue (less deficit) ................................
6,248,995
6,748
220,168
1,093,934
431,445
444,661
611,877
Net revenue ......................................... ................
Deficit ............ ......................................................
6,734,304
485,309
39,581
32,833
332,783
112,615
1,277,940
184,007
514,075
82,629
495,896
51,235
631,952
20,075
3,442,077
1,915
Total assets (fair market value) .....................
71,9349891
428,498
4,071,826
16,459,881
8,271,854
8,409,471
7,249,207
27,044,154
Cash, total ........................................... .............
Non-interest bearing accounts ..................... : .......
Savings and temporary cash investments-............
Accounts receivable, net ........................................
Pledges receivable, net ..........................................
Grants receivable .................................................
Receivables due from disqualified persons ................
Other notes and loans receivable, net ......................
Inventories ..........................................................
Prepaid expenses and deferred charges ...................
Investments, total .................................................
Securities .........................................................
Land, buildings and equipment (Less accumulated
depreciation) ..................................................
Mortgage loans .................................................
Other investments .............................................
Charitable-purpose land, buildings, and equipment
. .
(Less accumulated depreciation) ....................... ...
Other assets ........................................................
6,102,081
748,378
5,353,703
283,103
'22,071
'65,389
990
637,959
66,287
95,890
61,061,832
54,516,887
163,382
74.724
794,792
162,482
632,309
17,964
-1,488
-7,010
2,062,037
343,623
1,718,415
77,402
496,646
45,191
451,454
13,635
-
1,399,522
23.966
1,375,557
127,113
-
503
532,722
24,400
508,32321,215
-
67,941
-
237,543
206,029
'15,434
2,919,423
2,413,663
270,261
26,962
20,959
12,818,113
11,274.686
652,980
73,993
578,987
19,451
20,484
1,222
639
110,439
34,454
1,135
6,960,330
6,185,672
84,907
1,404
1,333
7,434.398
6.730,045
12
64,391
377
56,105
5,945,512
5,337,373
2,550
4
39,146
2,700
923
24,746,515
22,369,419
3,543,286
439,060
2,562,598
-
-12.127
-8,060
'11,327
162,711
-21,803
321,246
675,103
99,077
769.247
349,698
65,780
359,180
229,600
58,899
415,854
395,936
35,661
176,540
1,718,109
149,781
509.205
2,180,697
1,418,592
-
-7,554
12,822
185,263
61.919
734,498
395,313
249,570
221,152
298,914
77,732
161,597
467,275
543,302
182,378
49,665,9861
3829839
3,323,516
119905,324
5,531,905
5,201r,4381
38,248.483 ~
162,242
2.028.715
7,764,512
3,955,026
3 g2o,193
'14,048
77,523
218,987
128,812
143,8231
Beginning of year assets (book value),
tot5l ......................................................................
Selected beginning of year assets:
Investments in securities .......................................
Investment-purpose land, buildings, and equipment
(Less accumulated depreciation) ..........................
8
88,658
-6,323
-
-
*Estimate should be used with caution because of the small number of sample returns on which it is based.
'Less than $500.
NOTE: Detail may not add to total because of rounding.
-54,104
(1)
4,93095231 18,390,441
3,837,995 ~
5
16,579.799
164,685
A Private Foundation Profile for 1983
Table 3.-All Foundations: Balance Sheets and Income Statements, by Size of Total Fair Market Value of Assets, 1983
23
[Money amounts are in thousands of dollars)
Size of total fair market value of assets
Item
Total
Assets
zero or
unreported
(1)
Number of returns .............................................
Total assets (Book value) ................................
Cash, total .............................................................
Non-interest bearing accounts .................................
Savings and temporary cash investments ..................
Accounts receivable, net ..........................................
Pledges receivable, not ............................................
Grants receivable ....................................................
Receivables due from disqualified persons ..................
Other notes and loans receivable. net ........................
Inventories .............................................................
Prepaid expenses and deferred charges .....................
Investments, total ...................................................
Securities ...........................................................
Land, buildings, and equipment (Less accumulated
depreciation) ....................................................
Mortgage loans ...................................................
Other investments ............................... ...............
Chantable-purpose land, buildings and equipment (Less
accumulated depreciation) .....................................
Other assets ..........................................................
$100,000
$1,000,000
$10,000.000
$25,000.000
S50,000.000
$100, 000
under
$1,000.000
$1 under
0,000,000
under
$25,000,000
under
$50,000,000
under
$100,000,000
(3)
(4)
(5)
(6)
(7)
(8)
$1 under
(2)
$100,000 ,000
or more
(9)
29,863
56,767,740
*152
-
13,687
388,770
10,878
3,380,124
4,237
11,874,029
542
6,483,997
182
5,370,811
91
5,170,681
93
24,099,329
6,089,118
709,312
5,379.805
282,589
22,411
64,566
4,472
641,251
13,284
24,947
46,975,954
42,115,499
-
163,966
66,765
97,201
771,736
145,906
625,830
16,943
1,681
1.943,354
327,201
1,616,153
66,339
508,123
46,636
461,486
13,590
59
503
-
394,997
21,751
373,246
16,491
-
1.630,925
28,337
1,602,588
133,674
-
195,471
161,438
2,355,391
1,979,152
271,016
7,802
19,346
8,651,232
7.594,392
676,016
72.715
603.301
29,230
20,484
1,222
711
106,773
1,129
1,746
5.316,825
4,810,374
85,030
1,155
1,770
4,518,628
4,028,453
12
54,429
539
775
4,457,244
4,175,745
2,550
4
57,631
2,270
1,223
21,481,163
19,365,944
2,250,647
448,976
2,160,833
-
'13,599
-9,096
11,338
98,83
-21,80
255,597
196,281
103,498
757,061
149,404
42,556
314,491
128,396
65,344
296,436
56,873
39,354
185,271
1,607,255
167,325
340,639
1,692,687
956,462
-
*8,469
13,666
101,684
56,844
568,438
292,151
216,260
113,602
188,948
53,00
139,274
106,918
469,614
320,276
'54,104
-3.686
65,496
Total liabilities ....................................................
2,949,396
*23,656
54,626
603,549
305,149
345,485
299,542
1,317,388
Accounts payable and accrued expenses ....................
Grants payable .......................... ............................
Support and revenue held for future periods ................
Loans from officers, directors, trustees, etc. ................
Mortgages and other notes payable ...........................
Other liabilities .......................................................
313.463
1,222,940
102,672
6,610
850,556
453,153
'12,034
-2,739
-
6,634
58,926
72,372
'72,958
-
14,993
98,724
4,645
-
22,864
229,523
1,738
-
170,122
724,949
-
-7,609
-1,274
16,193
20,347
269,311
129,982
27,890
88,123
18,718
6.081
127,834
36,502
139,562
87,361
9,282
36,135
280,766
141,552
Net worth ............................................................
Total revenue .....................................................
53,818,344
12,131,748
3659113
320,347
3,325,497
837,800
11,270,480
2,601,524
6,1789848
1,124,940
5,025,326
991,755
4,871,139
1,014,602
22,781,941
5,240,171
Contributions, gifts and grants received .......................
Membership dues and assessments ...........................
Interest on savings and temporary cash investments .....
Dividends and interest from securities ............ ...........
Gross rents ...........................................................
Not gain (or loss) from sale of assets ........................
Gross profit from business activities ...........................
Other income .........................................................
3,025,097
30,043
824,215
3,209,392
177,364
4,249,281
147,645
283,866
474,687
-1,434
81,037
174,260
6,705
76.601
286,168
8,070
109,067
377,439
31,598
282,324
3,676
26,597
215,948
1,491
107,389
305,651
19,516
266,419
13,006
62,334
368,120
701
60,337
287,516
13,596
220,819
790
62,723
343,813
91
226,676
1,432,110
26,380
2,975,518
4,418
231,167
Total expenses ..................................................
*609
13,770
1,051.886
'18,239
227,037
618,892
79,569
418,266
116,448
71,188
313,165
619,944
1,560,088
720,921
556,923
516,115
1,594,987
1,090,454
39,377
108,963
13,779
48,686
24,151
36,744
21,645
22,124
154,166
557,036
13,501
29,799
4,397
24,535
12,920
19,331
11,096
5,360
42,947
396,826
13,227
28,395
5,993
17,310
10,930
25,865
9,411
3,697
45,270
368,843
11,127
26,786
6,322
19,299
398
21,459
11,226
4,090
46,565
1,221,364
29,322
64,312
27,405
53,650
2,362
76,521
7,049
13,774
99,229
12,673
13,524
9,335
-
468.711
59882,75
*609
Contributions, gifts, and grants paid ...........................
Compensation of officers ..........................................
Other salaries and wages ........................................
Pension plans, employee benefits . .............................
Investment, legal and other professional services .........
Interest ....................................... ................... .....
Taxes ...................................................................
Depreciation and depletion .......................................
Occupancy ................ ...........................................
Other expenses ......................................................
4,450,273
113,170
273,357
59,766
178,809
53,770
190,298
68,442
51,440
443,427
282,875
-1,220
-
21,402
532,267
5,396
15,102
-1,871
13,082
1,976
9,588
5.238
1.574
33,849
Net revenue (less deficit) ................................
6,2489995
7,181
217,856
1,041,436
404,019
434,832
498,487
3,645,184
Net revenue ..........................................................
Deficit...................................................................
6,734,304
485,309
39,739
32,558
330.528
112,672
1,214,666
173,230
484,224
80,205
481,232
46,400
524,512
26,025
3,659,403
14,219
Total assets (fair market value) .....................
719934,891
3,764,742
14,053,799
8,206,650
6,438,926
6,457,898
32,614,178
Cash, total .........................................................
Non-interest bearing accounts .............................
Savings and temporary cash investments ..............
Accounts receivable, net .......................................
Pledges receivable, net .........................................
Grants receivable .................................................
Receivables due from disqualified persons ................
Other notes and loans receivable, net ......................
Inventories ..........................................................
Prepaid expenses and deferred charges ...................
Investments, total .................................................
Securities .........................................................
Land, buildings, and equipment (Less accumulated
depreciation) ................................ .................
Mortgage loans ................................................
Other investments .................................. .........
Charitable-purpose land, buildings, and equipment
(Less accumulated depreciation) ..........................
Other assets ..................... .................................
6,102,081
748,378
5,353,703
283,103
22,071
65,38
990
637,959
66,287
95,890
61,061,832
54,516,887
771,721
162,432
609,288
17,079
-1,488
-7,010
1,946,140
338,056
1,608,084
66,750
508,829
45,866
462,963
13,557
-
399,838
24,496
375,343
16,491
-
1,633,850
31,910
1,601,940
133,674
-
68,898
264,579
26,962
20271
10,560:244
.
9,052 793
677.949
71,368
606,581
29,230
20,484
1,222
711
106,787
1,194
1,681
6,988,390
6,322,191
85,017
34,341
1,329
5,500,885
4,772,081
12
54,429
539
55,954
5,554,421
5,024,375
2,550
4
57,373
2,862
1,221
29,566,271
26,923,305
Beginning of year assets (book value)
total ..............................................................
Selected beginning of year assets:
Investments in securities .......................................
Investment-purpose land, buildings, and equipment
(Less accumulated depreciation) ...........................
3.543,286
439,060
2,562,598
2,247
1,034
790
398,69
163,754
74,250
89,503
-6,323
-
207,372
175,702
'15.434
2,684,248
2,246,440
'54,104
503
-
12,127
156,215
-
-11,482
259,790
629,563
98,850
779,038
255,198
50,765
360.217
328,171
65,931
334,702
301,561
40,454
188,030
1,860,451
153,177
629,338
-
-7,554
12.822
136,352
61,919
719,441
395,149
253,286
125,717
239,843
54,623
183,463
192,750
640,760
575,611
49,6659986
380,815
3,1329586
109632,438
5,987,942
4,866,615
4,674,748
19,990,843
38,248,483
163,010
1,897,131
6,672,740
4,425,413
3,548,219
3,782,938
17,759,032
800,839
'14,048
75,117
199,224
133,462
147,181
50,556
2,180,69
1,418,592
*Estimate should be used w1h caution because of the a mall number of sample returns on which it is basad.
NOTE: Detail may not add to total because of roundin..
181.25
24
A Private Foundation Profile for 1983
Table 4.-All Foundations With Total Book Value of Assets of $10 Million or More-Summary: Number of Foundations; Total
Book Value and Fair Market Value of Assets; Contributions, Gifts, and Grants Received; and Contributions, Gifts, and Grants
Paid; by State, 1983
[Money amounts are in thousands of dollars]
Contributions, g ifts and grants
Total assets
Number
of
returns
State
Book value
Percent
Numbe
Of
returns
(3)
(2)
it)
Amcount
(4)
Fair market value
Number
of
returns
(6)
Percent
(5)
678 38,233,617
100.0
Amount
(7)
6,987
1 500
212:723
.6
1
17 '4
4
2
70
5,611
1686
278:133
12' 3
.9
1.3
1.4
.9
.9
.9
3
11
4
5
5
3
1,977
30,949
16,526
231
1,077
2,556
.2
2.5
1.4
7
12
14
7
10
11
20,823
57,587
26,572
12,268
22,109
17,239
.9
2.5
1.2
.5
1.0
.8
96,452
4,367.793
1,028.604
44,293
.2
8.8
2.1
.1
23
.3
2
130,718
294
722
58,319
152.515
152,257
.1
..3
.3
1
1
3
24
247,620
.5
7.884
375,008
2,118,025
1,451,979
-
.8
4.3
2.9
1.4
7
7
9
10
8,586
127,330
26,234
65.386
.3
.1
3
1
23,215
100
4
2
72
126,348
35
6,261::8'9
.3
1
16.4
-
4
2
72
Colorado .................................
Connecticut ....... ......................
D.Iaw re .................................
District of Columbia ...................
Florida ....................................
Georgia ...................................
8
14
14
9
114
2
1.2
2.1
2.1
1.3
2.1
1.8
8
14
14
9
14
12
333.217
462.260
517,649
241,483
423,413
303,325
.9
1.2
1.4
.6
1.1
.8
8
14
14
9
14
12
Hawaii .....................................
daho .....................................
Ilinois .....................................
Indiana ....................................
Iowa .......................................
4
36
12
2
.6
5.3
1.8
.3
4
36
12
..2
7.7
1.1
.1
4
36
12
2
K:n as ....................................
K ntucky .................................
Louisiana .................................
Maine ......................................
Maryland ..........
..............
3
.2
5
10
.4
.3
.7
.2
3
2
5
70,816
2,939,313
411,305
44,062
1.5
10
49,605
152,321
95,265
215.9
.1
.4
.2
.6
3
2
5
10
Massachusetts .........................
Michigan .................................
Minnesota ................................
Mississippi ..... : ........................
Missouri ..................................
12
19
jg
18
1.8
2.8
2.8
2.7
12
19
19
278,975
1,603.120
1,368,724
.7
4.2
.3.6
-
12
19
19
-
18
498,476
1.3
18
712,244
Montana .................................
Nebraska
.........................
Nevada ..................................
New Hampshire ........................
New Jersey ..............................
5
2
1
20
.7
.3
.1
2.9
5
2
1
20
138,048
44,375
13,143
1,274,905
.4
.1
5
2
1
20
151,005
42.042
14,862
1,886,170
]
1111
.97
......
Wash ington
. .. .. .......
... . .....................
. ...........
West Virginia .......... : .................
Wisconsin ................................
Wyoming .................... 7- ..........
All others ................................
N/A - Not applicable.
'Less than .05 percent.
NOTE: Detail may not add to total because of rounding.
1
2
3,670
. 6,994
1 62,461
533
46.377
12
3
32
1
3
523,891
202,265
2,293,076
12,176
48.659
7
1
10
6,342
313
115.617
6
60
3
1
~306,981
2.924,366
57,689
- 24,136
3.3
.1
.8
7.6
.2
1
4
4,302
.2
'30
11
2
154,178
64,071
2,834
6.8
2.8
.1
3
2
3
1,953
7,537
1,964
.1
.3
.1
.6
9
11,278
.5
.7
10.4
2.1
8
18
17
16
10,385
156,016
74,268
38,272
.5
6.9
3.3
3
2
7,126
2,317
-
-
18
47,753
2.1
.1
5.3
1.9
(1)
-
(')
.3
28
62,684
2.8
9.5
12
3
32
44,001
6,093
1611 646
1.9
.3
7.1I
.1
-
6
60
3
1
390,126
3,897,854
64,199
25,087
.8
7.9
.1
.1
3
26
1
1
56,849
124,441
9,769
'25
4.7
10.2
.8
31
206,381
407,796
.4
.8
1
4
26
21,919
247,62
275,680
3
1,476
1,372,795
478,212
5
272
N1 1
-
-
.3
.1
3.8
52,420
11,823
1.7
.6
1
i,087
3.3 -169 ---L-637,543 -28-1.
10
52,681
2.3
3
1
1
-
2.1
4
7.9
'
17J:f
74
;
12
3
32
.2
10.7
1'.032,313
220,054
3,917,704
(1)
1.4
.5
6.0
.1
.2
443
1
75
4
16
1.6
.4
4.7
.1
.4
Virgini
(1)
(1)
(1)
9
Oklahoma
. ................................
Oregon.
............ * . ...........
Pennsylvania
.. . ............................
Rhode Island .................... .......
South Carolina ..........................
6
60
3
438,003
618,931
711,829
451,435
446,689
466.254 -
3.6
.3
2
25.7 ~1 74
11
1.6
4.3
29
.9
8.8
.4
.1
131,857
41,218
7.191,286
45,800
.1
2
46,6150
.1
.1 ,844 ,762 ~31.0 -174 -13,748,294 -27.8
562,545
1.5
11
860,276
1.7
695,865
1.8
29
943,120
1.9
Now Mexio .............................
2
New-York ... ............................. -1,74
11
North Carolina ..........................
North Dakota ............................
Ohio .....................................
29
South Dakota ...........................
Tennessee ...............................
Texas .................. ..................
Utah
...................................
Vermont ..............................
-
(14)
2
1
36
.6
3
10.6
*
.3
.1
14.5
(11)
100.6
4
2
72
304
Percent
(13)
2,266,270
A::bam ..................................
A ska .....................................
Arizona .... ..............................
Arkansas .................................
California .................................
12
3
32
(10)
(9)
Amount
630
100.0
100.0
Numbe
of
returns
(12)
Percent
A oo.o
678
(1)
Amount
1,222,264
United States, total ..........
.
Number
Of
returns
Percent
(8)
678 49,496,474
Paid
Received
-
:330
.
3
6
58
3
1
2,978
20,555
198,276
4,080
326
.9
8.7
.2
5
9
2235
19837
:
.5
.9
.1
6
14,634
.6
N/A
13
48,609
N/A
1.8
1
.1
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.