Top Foundations Working Towards a Better World
Private foundations have long been supporters of donations by the way of funding charitable organizations around the globe. In 2013, for the first time, private foundations overtook several government bodies as the biggest donors to the non-profit sector. These foundations are growing in ambition as well as confidence while they stretch their reach beyond their traditional markets into the developing world, creating several new opportunities for small, grassroots NGOs in low income countries as well as the NGOs in America.
1. The Bill and Melinda Gates Foundation
The Bill and Melinda Gates Foundation holds more than $34.6 bn assets. This foundation was set up by the Gates family with profits from their ownership of Microsoft and have been contributing amounts bigger than contributions made by the World Health Organization. The Foundation supports innovative projects around the world that are working to solve some of the world’s most pressing healthcare problems, such as HIV/AIDS, Polio, and Malaria.
2. The William and Flora Hewlett Foundation
The William and Flora Hewlett Foundation has made several grants since the year 1967 to solve the social and environmental problems over the globe. In 2012, the foundation had assets of more than $7bn and awarded grants of a total $3 bn. The foundation’s current set of programs include global poverty, limiting the risk of climate change, improving education for students, and improving reproductive health worldwide.
3. The John D and Catherine T Macarthur Foundation
The John D and Catherine T Macarthur Foundation is one of the top organizations working towards supporting creative people and effective institutions committed to building a more just, verdant, and peaceful world. This foundation allocates grants to the local NGOs in the areas of human rights and international justice, and sustainable development in secondary education (mostly in developing countries) by providing grants with amounts that have exceed $210m in 2012.