Foundation Giving Trends 2019

Key findings included:

Assets: Top 300 foundations net assets reached a record £67 billion in value in 2017/18, however overall growth rates slowed dramatically, ranging from low to negative. Income from investments fell for the first time in 5 years. The ownership of assets is highly skewed. The top seven foundations by asset value each have more than £1 billion in net assets, representing almost two-thirds of Top 300 assets (62%).

Grant-making: Almost two-thirds of foundations in the Top 300 (193) made a real-terms increase in grant-making in 2017/18. The majority of these (146) also experienced a fall in their income, assets, or both. Grants were worth £2.6 billion and grew by a real annual 9.9% (ex Wellcome Trust).

Social Investment: The level of social investment continues to grow (+23%), albeit from low levels. Thirty-four Top 300 foundations (11%) identified programme-related, missionrelated or social investments in their balance sheet, annual report narrative or notes to their accounts, worth £146 million.

Top 10 foundations by net assets

    A/C year Net asset £million
1 Wellcome Trust Sept 2018 24,200.1
2 Garfield Weston Foundation Apr 2018 9,933.8
3 Children's Investment Fund Foundation Dec 2017 3,838.7
4 Leverhulme Trust Dec 2018 3,178.0
5 Bridge House Estates* Mar 2018 1,395.8
6 Henry Smith Charity Dec 2017 1,010.9
7 The Health Foundation Dec 2017 1,008.8
8 Esmée Fairbairn Foundation Dec 2018 997.3
9 Paul Hamlyn Foundation Mar 2018 755.1
10 Wolfson Foundation Apr 2018 739.2

The grant-making arm of Bridge House Estates isCity Bridges Trust

For more information and to download a copy of the report, please visit the ACF website here.

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