\pjnwill00 { c>lB  MbP?_"*+%: 1lTimes New Romanew Romanw02j0D:0@}1lTimes New Romanew Romanw02j0D:0@}1lTimes New Romanew Romanw02j0D:0@}1lTimes New Romanew Romanw02j0D:0@}1lTimes New Romanew Romanw02j0D:0h}1lTimes New Romanew Romanw02j0D:0}1lTimes New Romanew Romanw02j0D:0D}1lTimes New Romanew Romanw02j0D:0@}1 Arial1 Arial1 Arial1 xArial&?'?(?)?M dX,"dX,??@V General00.00#,##0 #,##0.00#,##0_);\(#,##0\)#,##0_);[Red]\(#,##0\)#,##0.00_);\(#,##0.00\)#,##0.00_);[Red]\(#,##0.00\)"$"#,##0_);\("$"#,##0\)"$"#,##0_);[Red]\("$"#,##0\) "$"#,##0.00_);\("$"#,##0.00\)%""$"#,##0.00_);[Red]\("$"#,##0.00\)0%0.00% 0.00E+00 #\ ?/? #\ ??/?? m/d/yy d\-mmm\-yy d\-mmm mmm\-yy h:mm\ AM/PMh:mm:ss\ AM/PMh:mm h:mm:ss m/d/yy\ h:mm 000000000 0.0000 #,##0.0 0.0000000.0 #,##0" " #,##0.0" "\(#\) ##0.0E+0mm:ss@52_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_),)_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)=:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)41_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_) -sC C  C  C  C  C C C C C C C C C C C  C "C ) C ' C ( C & C C  C "<C  $C  ,C  C  C  $C  $C  ,C  (C  C  C  $C  (C  (C  ,C !<C "8C "8C !<C  ,C Q C  (C  (C  C  $C "8C ! ,C !8C !<C ! ,C Q C !<C ! ,C Q C ! ,C ! ,C Q C Q C " C " C "8C "8C &<C 8C 8C 8C <C <C <C !8C 8C 8C &8C %<C %<C %<C <C <C !8C 8C !<C Q (C  C  ( col numdataU} } $} }  }  }  } } }  { l@ @  o@ @n @ @ q@ @ @ @ @ @t @l @ @ @ @} @} @{ @{ @} @ @ @ @ @ @{ @T @} @ @ @jHbTable 1.--Large Nonoperating Private Foundations Panel Study: Selected Financial Data, 1985-1997, HHHHHHHH,in Constant Dollars-"!!#!!!.L//Q' Fair market value KIRate of /S' Contributions, gifts, ABAverage  0Rank MName 'Rank/O' of total assetsEJasset -O% and grantsEC payout rate, ~ ?4@M~ '@~ F4@~ P@Jgrowth, ~ F4@~ P@C 1985-1997 @N(GGR 1985-1997GGD $)~ =?~ =@~ =@~ =@~ =@~ =@~ >@ ~ ;?&Lilly Endowment ~ + @+2B+;`A1;=w0@+_cA+0)ׂA9ٳ;-@ ~ ;@&Ford Foundation ~ +?+^B+1VWA1r @+_qA+= s8A9G@ ~ ;@ &David & Lucile Packard Foundation ~ +@T@ +@cAnB +`)A 17wC@ +C<kwA9L@ ~ ;&@&Starr Foundation ~ +2@+A+^OA1B-*@+S-aA+;nCufA9.@ ~ ;(@&Kresge Foundation ~ +"@+-~eǼA+`EiA1vޛQh@+QlhA+%U%VA9*js@ ~ ;*@&Duke Endowment ~ +(@+~TcMA+!@zQ{A1V@+aA+8'4ŋA9a-@ ~ ;,@&Charles Stewart Mott Foundation ~ +&@+ VA+pA1}R(@+zv"A+׀A9Ǚ0@ ~ ;.@&Harry & Jeanette Weinberg Foundation ~ +X@+d}A+vA1^2E@+4K_ՋA+ !A9ZP@ ~ ;0@&William & Flora Hewlett Foundation ~ +.@+j%A+m0A1I9K @+A+ !#*QA9o ?@ ~ ;1@&McKnight Foundation ~ +*@+&VA+)NsA1hvE$@+БA+=y$A9+x@ ~ ;2@&Richard King Mellon Foundation ~ +,@+UڐaA+ A1b @+*xA+/JF{A9@ ~ ;3@&Carnegie Corporation of New York ~ +$@+ &]A+iA1&Z#z @+8A+--A9a&ns@ ~ ;4@&W M Keck Foundation ~ +W@+kdA+FA1db=@+OFLA+z#}A9wY`@ ~ ;5@&Houston Endowment ~ +7@+* ^A+3 4ȂA14)_!@+ŜA+͟wA9ciP@ ~ ;6@&Brown Foundation ~ +6@+VA+=DA1"@+GчA+} n`uA9W@ ~ ;7@&Joseph B Whitehead Foundation ~ +S@+-A+XݣA1ʐe,1@+Ѐ!pA+N)HUA9eN{cx@ ~ ;8@&Alfred P Sloan Foundation ~ +0@+IA+R4.A1/@+8*A+$h\xA9C@ ~ ;9@&James Irvine Foundation ~ +4@+-A+mlϔA1Is;@+H@rzA+Ѹxr(wA9j0G@  l@! @" @# @n$ @% @& @' @( @) @* @+ @t, @l- @. @/ @0 @}1 @}2 @{3 @{4 @}5 @6 @7 @8 @9 @: d{; @T < z@}= @> @? @~ ;:@ &William Penn Foundation ~ +<@ +geA +/KA 1t @ +HA +:류rsA 9|2@ ~ !;;@!&Moody Foundation ~ !+1@!+EZJrA!+^!A!1-@!+RHI~A!+1 yA!9[D& @! ~ ";<@"&Samuel Roberts Noble Foundation ~ "+@@"+,@$&Weingart Foundation ~ $+;@$+lu~A$+Cb/A$1C7@$+GxN) A$+e_D,rA$9pն@$ ~ %;?@%&Dewitt Wallace Fund ~ %+S@%+E!=RA%+g(ѤA%1*@%+XuDxA%+Lԙ4}JA%9* mf7@% ~ &;@@&&Meadows Foundation ~ &+3@&+n QA&+`vlA&12# @&++51fwA&+E\8oqA&9k/@& ~ ';@@'&Ahmanson Foundation ~ '+5@'+-^A'+|qA'1t`8b @'+G# A'+~`wA'9d@' ~ (;A@(&Longwood Foundation ~ (+B@(+VqA(+M^A(1);@@(+i~‚A(+/5]y$eA(9M(&9@( ~ );A@)&Bush Foundation ~ )+9@)+ɲdA)+@4 DA)1 @)+0GyA)+9wA)9tQ@) ~ *;B@*&Henry Luce Foundation ~ *+G@*+&4AA*+O5A*1f@*+/f>@, ~ -;C@-&Horace W Goldsmith Foundation ~ -+L@-+M,A-+-FC@85pdL$lA85?}$aA8:jY|w#@8 9893989898949898949 k:HcTable 1.--Large Nonoperating Private Foundations Panel Study: Selected Financial Data, 1985-1997, :H:H:H:H:H:H:H:H&;2in Constant Dollars--Continued;2;2;2;2;2;2;2;2<.<L<//<Q' Fair market value <K<IRate of /<S' Contributions, gifts, <A<BAverage  =0Rank =MName ='Rank/=O' of total assets=E=Jasset -=O% and grants=E=C payout rate,= ~ >?4@>M~ >'@~ >F4@~ >P@>Jgrowth, ~ >F4@~ >P@>C 1985-1997> ?@?N?(?G?G?R 1985-1997?G?G?D? @ l@A @B @C @nD @E @F @G @H @I @J @K @tL @lM @N @O @P @}Q @}R @{S @{T @}U @V @W @X @Y @Z @{[ @T\ @}] @^ @_ @@$@)~ @=?~ @=@~ @=@~ @=@~ @=@~ @=@~ @>@@ ~ A;I@A&Lynde & Harry Bradley Fund ~ A+:@A+(@ǣHAA+8.8AA1p~(?A+mL~AA+>wAA9 |u@A ~ B;J@B&Henry J Kaiser Family Foundation ~ B+=@B+u*AB+ 5A|ɸAB1k?B+η?tAB+.i;hAB9R@B ~ C;J@C&Skillman Foundation ~ C+G@C+=SAC+újAC1ӟ)ғ@C+#u"qAC+]CbAC9 ׆@C ~ D;K@D&Arthur S Demoss Foundation ~ D+K@D+$v=AD+^-JAD1d@D+nbVwAD+}Yp uAD9>$ @D ~ E;K@E&Spencer Foundation ~ E+I@E+cK2AE+ ]@F+&^mAF+I`AF9eO@@F ~ G;L@G&Peter Kiewit Foundation ~ G+K@G+NԼAG+-9VAG1e+@G+h$RpAG+OOxpAG9Ki4@G ~ H;M@H&Norton Simon Foundation ~ H+>@H+ z AH+5pTAH1o>t?H+8kRAH+?@H9ԵoC@H ~ I;M@I&Smith Richardson Foundation and Subsidiaries ~ I+H@I+5nAI+?&{AI1;>t@I+SfwjAI+.n:lcAI9\@I ~ J;N@J&Meyer Memorial Trust ~ J+C@J+e=cAJ+9m'AJ1yy[ @J+vLrAJ+?FJvy_AJ9qM@J ~ K;N@K&Kate B. Reynolds Charitable Trust ~ K+Q@K+#<AK+XAow @a+ +iA~ a+a9֠@a ~ b;U@b&William K Warren Foundation ~ b+B@b+Mf8Ab+OdhAb1$ ?b+g?qtAb+2ΤwAb9&D1@b ~ c;@U@c&T L L Temple Foundation ~ c+N@c+#u}wAc+8"ޫAc1[P@c+flAc+ID]Ac95^@c ~ d;U@d&Elbridge Stuart Foundation ~ d+V@d+6i eAd+7* Ad1T~(@d+N \@dAd+jTOAd94 [e@d ~ e;U@e&Sherman Fairchild Foundation ~ e+J@e+/cAe+-SAe1C(p?e+v|jAe+VWQ=mAe9>q@e ~ f;V@f&J N Pew Jr Charitable Trust ~ f+@Q@f++bAf+WAf1Eö@f+42-8zkAf+'d%aAf9=Z][@f ~ g;@V@g&Sarah Scaife Foundation ~ g+O@g+~Ag+ ɽ!IAg1!Q@g+2עiAg+6uBdAg9D#U@g ~ h;V@h&Jessie Ball Dupont Foundation ~ h+T@h+.4uAh+u X 2Ah1 8s@h+׿8.eAh+y]Ah9v- $@h ~ i;V@i&Geraldine R Dodge Foundation ~ i+T@i++C?fAi+1࿉Ai1"@i+^2mAi+yW[Ai9.@i ~ j;W@j&Charles A Dana Foundation ~ j+P@j+̘hAj+<@oAj1"F @j+7Ne?hAj+° ;gAj9,Uf@j ~ k;@W@k&Charles Hayden Foundation ~ k+@S@k+tKAk+JŤAk1$@k+_qc!dAk+9r YAk99[@k ~ l;W@l&Ralph M Parsons Foundation ~ l+R@l+q6XذAl+4ۤAl18'M@l+ `hgAl+}KGQAl9/.@l ~ m;W@m&Cullen Foundation ~ m+@P@m+ ʰAm+X`_Am1Xb @m+ĮbAm+&ܹJ\Am90[@m ~ n;X@n&W K Kellogg Foundation ~ n+U@n+as+An+RU(7dAn1m3Ė@n+oAn+o!An9apK^@n ~ o;@X@o&Terra Foundation for the Arts ~ o+@X@o+Hy{ܾAo+pAo1r2@o+v0 *A~ o+o9^By8@o ~ p;X@p&Claude Worthington Benedum Foundation ~ p+R@p+5fAp+jX Ap1A-@p+@EfAp++Sv"PAp9~5G@p ~ q;X@q&C K Blandin Residuary Trust ~ q+S@q+y MlAq+n=Aq18@q+(]6MrfAq+x,$u]Aq9 /W@q ~ r<Y@r6Third Champlin Foundation Trust ~ r5@U@r5ϛQKAr5bQɡAr74ݼ) @r5ocfAr5ݵnIQ`Ar:  "