Better together? A Study on Philanthropy and Official Development Assistance

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7%

1 - 5 million USD

9% 15%

5 - 20 million USD 20 - 50 million USD

31%

50 - 100 million USD

Figure 3.4. Budget available for charitable support in 2015* (in % of foundations) (N=46)

100 - 500 million USD 7%

31%

500 million USD +

Endowed and corporate foundations are prevalent and this is reflected in the main income sources of the foundations from the sample. About one third is primarily dependent from the annual earning out of the endowment. More than half is dependent from donations, either from individuals, corporations or other non-profits. As we have seen in the foundation profiles, donations from both individuals as corporations exist out of continued contributions from the original founder. Few foundations actually raise funds among the general public as main source of income. A minor part is primarily dependent from governmental subsidies. Figure 3.5. Main sources of income (N=28)

Naturally, the majority of corporate foundations depend on Proceedings from endowment donations from their parent company, with a small proportion 8% 3% Annual contributions from relying on its built-up endowment individual(s) 31% 12% for the annual budget. These Annual contributions from oftentimes indicate corporation(s) supplementing the endowment Annual donations from other with corporate gifts and engaging foundation(s) 15% in philanthropic activities by using 31% Government subsidies the dividends of their investments. Among endowed Other foundations, the funding is more diverse. Earnings from the endowment are most prevalent, but still almost half mainly depend on donations from individuals, corporations or other non-profits. For more than half of the foundations, the annual budget has grown with more than 10% in the past 5 years, and 25% of the foundations that participated in the study even reports that the annual budget is now 50% larger than 5 years ago. More than half of the foundations expect an increase of at least 10%, and less than one in eight foundations expect to have a smaller annual budget available to them in 5 years from now than they do today. On average, foundations have experienced a 45.9% growth in their annual

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