March 26, 1998
New Financial Data on Grant Makers and Rankings of Foundations
The Foundation Center has issued the 1998 edition of The Foundation Directory, which provides information on 8,642 foundations.
Of the 1,021 foundations never previously listed in the directory, the biggest is the California Endowment, in Woodland Hills, which was created after Blue Cross of California gave up its non-profit status. With almost $1.3-billion in assets, it placed No. 23 on the list of the wealthiest grant makers.
Together, the
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