Misplaced Pages

#224775

27-674: The NMI was started by the Effective Philanthropy Group at the Hewlett Foundation in 2006 with the goal that "by 2015, ten percent of individual philanthropic donations in the US (or $ 20 billion), would be influenced by meaningful, high-quality information about nonprofit organizations’ performance." Jacob Harold was the program officer responsible, and the Hewlett Foundation at the time was headed by Paul Brest . The NMI funded

54-455: A board member since 2006, was appointed as and succeeded Walter Hewlett as board chair. During its first ten years, the foundation awarded grants of approximately $ 15.3 million. The foundation's endowment kept growing considerably, with Flora Hewlett's estate bolstering it to more than $ 300 million in 1981 and the foundation's assets reaching more than $ 800 million by the 1990s, an increase of more than 30 times. Between 1993 and 1999, under

81-462: A larger company are excluded, such as holding companies . The entries are ordered by the size of the organization's financial endowment . The endowment value is a rounded estimate measured in United States dollars , based on the exchange rates on December 31, 2020. Due to fluctuations in holdings, currency exchange and asset values, this list only represents the valuation of each foundation on

108-460: A number of charity evaluators including: Holden Karnofsky , co-founder and co-executive director of GiveWell, expressed gratitude to the NMI, saying that NMI's support of the organization was crucial in its first few years, when it was relatively unknown and the subject of unfavorable controversies. He also praised the NMI for their support despite differences in strategy and approach, and said that while

135-631: A significant proportion of grants. The Foundation's Climate Initiative, in particular, is oriented toward international as well as U.S.-focused work. The sector names use the DAC 3 Digit Sector names. The following table lists the all-time top 30 grantees, as recorded in the IATI activities publication. As of 2018, the Hewlett Foundation had total assets of $ 9,761,950,634. Revenue and support as of 2018: $ 609,135,143 Expenses as of 2018: $ 482,897,720 List of wealthiest charitable foundations This

162-551: A variety of liberal and progressive causes. With assets of approximately $ 14 billion, Hewlett is one of the wealthiest grant makers in the United States. The Foundation has grantmaking programs in education, the environment, global development and population, the performing arts, and philanthropy. The Hewlett Foundation is based in Menlo Park, California . Bill and Flora Hewlett consolidated their philanthropic activity into

189-430: Is a list of wealthiest charitable foundations worldwide. It consists of the 50 largest charitable foundations , private foundations engaged in philanthropy , and other charitable organizations such as charitable trusts that have disclosed their assets . In many countries, asset disclosure is not legally required or made public. Only nonprofit foundations are included in this list. Organizations that are part of

216-709: The International Planned Parenthood Federation . The following table lists the top sectors to which the Hewlett Foundation has committed funding within its Global Development and Population Program. Data are taken from the International Aid Transparency Initiative activities publication, and is expected to cover 21% of the foundation's overall grantmaking; this does not include international grantmaking in Environment, Education, and other program areas, although those total

243-624: The OECD , the Hewlett Foundation provided USD 123.3 million for development in 2019, all in the form of grants. In 2001, the foundation gave $ 400 million to Stanford University for humanities, sciences, and undergraduate education. At the time, the gift was the largest on record to a university. In 2007, the Hewlett Foundation made a $ 113 million donation to the University of California, Berkeley to create 100 new endowed professorships and provide financial help for graduate students. In May 2010,

270-612: The Western United States and Canada . The foundation also began focusing on K-12 education reforms. Gardner introduced a new program supporting relations between the US and Latin America . Gardner served for six years. During Gardner's tenure, the foundation introduced the limitation of terms served as program officers with terms expiring after six years, followed by an extension of three years with board approval. In 2005, this term limit

297-416: The effective altruism movement it was part of might be too neglectful of the quantity goals that the NMI had. Hewlett Foundation The William and Flora Hewlett Foundation , commonly known as the Hewlett Foundation , is a private foundation , established by Hewlett-Packard cofounder William Redington Hewlett and his wife Flora Lamson Hewlett in 1966. The Hewlett Foundation awards grants to

SECTION 10

#1732884434225

324-512: The Hewlett Foundation announced its strategy of " Deeper Learning ", which is a set of student educational outcomes including acquisition of robust core academic content, higher-order thinking skills, and learning dispositions. Hewlett and the Andrew W. Mellon Foundation helped to develop the field of OpenCourseWare . Hewlett seeded the Creative Commons project with $ 1 million. In 2008,

351-596: The Hewlett Foundation is a donor to the Breakthrough Institute , Hewlett collaborated with the Center for Investigative Reporting to create California Watch , an investigative reporting project focused on California news. The Hewlett Foundation make grants in developing countries and in the United States to provide and advocate for family planning and reproductive health services. The Hewlett Foundation has given major financial support to Planned Parenthood and

378-413: The NMI often encouraged them to spread a wider net and collaborate more with other NMI grantees, they were never inappropriately pressured. Ken Berger, President of Charity Navigator , wrote a letter upon the closure of the NMI thanking the Hewlett Foundation for their generous support of Charity Navigator through their transition to version 3.0 of their product. Berger identified the Hewlett Foundation as

405-539: The William R. Hewlett Foundation, which Bill, aged 53, founded in 1966 in their Palo Alto, California , home. Founding board members were Bill, Flora, and the couple's oldest son, Walter Hewlett. The years 1966–1972 were referred to as "the living room years". Flora Hewlett served as a board member and Bill Hewlett was an active part of the foundation until his death. Bill Hewlett sought to fund established organizations operating in his fields of interest. In its first ten years,

432-494: The areas of conflict resolution , education , environmental protection , performing arts , and as a supporter of organizations in the Bay Area. In 1993, with the appointment of former University of California President David P. Gardner , who succeeded Roger Heyns who retired after 15 years, the foundation's focus widened. The foundation expanded its funding of environmental causes, formerly restricted to California, to all over

459-538: The foundation awarded close to $ 15.3 million to organizations involved in education, population, performing arts, environment, health, and social services. In 1972, the foundation's board of directors was expanded with the addition of William A. Hewlett and James S. Hewlett. In 1974, the foundation hired its first executive director, John May, who was also the executive of the San Francisco Foundation . Following Flora Hewlett's death in 1977, and in her memory,

486-883: The foundation awarded the ClimateWorks Foundation approximately $ 460,800,000. Hewlett funded restoration of the Bay Area Salt Ponds and conservation of the Great Bear Rainforest in Canada. Hewlett's Environment Program makes grants to support conservation in the North American West, reduce global warming and conventional pollution resulting from the use of fossil fuels , and promote environmental protection efforts in California. The Hewlett Foundation opposes coal and natural gas development. However,

513-508: The foundation's name was changed to "The William and Flora Hewlett Foundation". Shortly after, the foundation appointed former University of California Chancellor Roger W. Heyns as president, with Bill Hewlett becoming the board chair. The board was expanded with the addition of Eleanor Hewlett Gilmon and Mary Hewlett Jaffe, daughters of Bill and Flora. Since 1981, the majority of the foundation's board has been composed of non-family members. The foundation has received credit for its work in

540-435: The leadership of David P. Gardner, the foundation's assets grew to more than $ 2 billion and grants increased from $ 35 million in 1993 to $ 84 million in 1998. In 2000, the foundation's assets had grown to $ 3.93 billion. This increased further with the transfer of Bill Hewlett's estate bringing the assets up to $ 8.52 billion and catapulting the foundation into the fifth place of private foundations in America. According to

567-421: The previous staff. The Hewlett Foundation also clarified that even though they had failed to meet their own goals with the NMI, the organizations they funded, such as GiveWell , Charity Navigator , and GuideStar , had done a great job at meeting those organization's goals. Responding to the closure decision, Holden Karnofsky of GiveWell wrote that while the decision to shut down the program may have been

SECTION 20

#1732884434225

594-461: The program officer formerly responsible for NMI, who had since left for GuideStar , responded to Karnofsky's post, noting that the NMI's goals of reaching a large population were still worthwhile, and that its main problem may have been that it was too early for its time. Harold noted that he hoped to make the vision the NMI sought a reality through his work for GuideStar. He emphasized the importance of both quality and quantity, noting that GiveWell and

621-445: The right one, GiveWell did not agree with the stated reasons for closure. Karnofsky argued that GiveWell's money moved in the years to come would alone more than justify the grand total of 12 million dollars spent on the NMI. This would be validated in the years to come: in 2014, GiveWell moved $ 13.0 million to its top charities from donors excluding Good Ventures , a multi-billion dollar foundation it works closely with. Jacob Harold,

648-544: The single biggest overall supporter of Charity Navigator. In April 2014, an article the Chronicle of Philanthropy announced that the Hewlett Foundation was ending the Nonprofit Marketplace Initiative. The Hewlett Foundation's decision was based on an internal re-evaluation of the project, motivated by two external pieces of information: The Hewlett Foundation also had some significant personnel changes over

675-443: The time period: Jacob Harold left the Hewlett Foundation for GuideStar and was replaced by Lindsay Louise, while Paul Brest was replaced by Larry Kramer as President of the Hewlett Foundation. They said that these changes made it more logical for them to re-evaluate the strategy, but was not the reason for ending the program, since the external studies and evaluations that would lead to the program's closure had been initiated under

702-451: The use of open educational resources . During this time, the foundation also relocated to Menlo Park, California . Larry Kramer , also a former dean of Stanford Law School, became the foundation's president in 2012. He introduced new initiatives addressing political polarization as well as cybersecurity . Kramer stepped down in December 2023. Stephen C. Neal , who had been serving as

729-402: Was extended to eight years. In January 2000, Paul Brest , the former dean of Stanford Law School , was appointed as the new president of the foundation. He served for 12 years. On January 12, 2001, Bill Hewlett, aged 87 years, died from heart failure. During Brest's time as president, the foundation started to focus on awarding grants for efforts curbing global warming and the expansion of

#224775