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Published in Print: April 27, 2005, as How Much Bang for the Buck?

Table: How Much Bang for the Buck?

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This list of the foundations that give the most money to K-12 education, compiled from 2002 data, characterizes whether their donations are likely to spur changes in how public resources are spent.

Foundation Total Higher Leverage Lower Leverage
Bill & Melinda Gates Foundation  $245,863,134 $111,338,489 134,524,645
Walton Family Foundation   77,481,779 67,718,247 9,763,532
Annenberg Foundation 40,102,925 9,126,302 30,976,623
Carnegie Corporation of New York   25,507,306 6,156,803 19,350,503
Lilly Endowment  23,083,345 5,097,680 17,985,665
New York Community Trust   20,742,756 7,778,658 12,964,098
Ford Foundation   20,478,300 3,663,800 16,814,500
W.K. Kellogg Foundation  20,259,890 6,621,859 13,638,031
William and Flora Hewlett Foundation   18,975,817 5,719,450 13,256,367
Oberkotter Foundation 17,881,044 0 17,881,044
MBNA Foundation  15,698,185 1,553,457 14,144,728
Danforth Foundation  15,480,998 401,516 15,079,482
Pew Charitable Trusts   15,050,717 8,590,340 6,460,377
Goizueta Foundation 13,398,868 0 13,398,868
Robert R. McCormick Tribune Foundation  8,333,627 2,088,127 6,245,500
Community Foundation of Texas  7,826,358 47,250  7,779,108
Lucent Technologies Foundation  7,428,794 1,509,421 5,919,373
Robertson Foundation   7,319,350 2,660,350 4,659,000
Longwood Foundation 6,900,000 300,000 6,600,000
Ewing Marion Kauffman Foundation   6,829,062 1,260,120 5,568,942
Houston Endowment   6,735,429 293,000 6,442,429
J.A. and Kathryn Albertson Foundation  5,893,844 183,000 5,710,844
Charles Stewart Mott Foundation  4,712,612  2,343,267 2,369,345
Howard Heinz Endowment   4,148,170 717,500 3,430,670
William Penn Foundation   4,012,931 2,738,756 1,274,175
James Irvine Foundation   2,950,000 1,942,500 1,007,500
Sierra Foundation  2,500,000 0 2,500,000
Bank of America Foundation   2,049,455 666,172 1,383,283
Hiawatha Education Fund 1,144,145  2,000 1,142,145
Paul G. Allen Charitable Foundation   415,000 75,000 340,000
Total $649,203,841 $250,593,064 $398,610,777

Vol. 24, Issue 33, Page 20

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