1 day ago
11
January 7, 2025 | 07:31 pm
TEMPO.CO, Jakarta - Some of the largest foundations in the world have played an instrumental role in addressing critical issues such as poverty, education, healthcare, and global development. These nonprofit organizations have continuously become powerful changemakers, with immense financial resources that allow them to fund large-scale initiatives across the globe.
List of 10 Largest Foundations in the World
Philantropia highlights Novo Nordisk Foundation as one of the largest foundations in the world. Citing World Atlas and How Stuff Works, here are other notable philanthropic organizations:
1. Novo Nordisk Foundation
Net worth: $93 billion
Taking the top spot, Novo Nordisk Foundation is renowned as the world’s largest foundation. Based in Denmark, this organization was created in 1922 but got its official introduction in 1951. This foundation works on diverse, impactful sectors, including sustainability, health, and life science ecosystems.
2. Bill & Melinda Gates Foundation
Net worth: $60 billion
Established in 2000, the Gates Foundation has been one of the largest foundations in the world. Globally, this foundation supports improvements and initiatives across various sectors, such as health care, education, and poverty. Its impact has been further amplified by contributions from key figures such as Warren Buffett, one of the richest people in the U.S., who pledged ten million shares of his company’s stock to the foundation in 2006.
3. The Mastercard Foundation
Net worth: $42 billion
The Mastercard Foundation was founded in 2006, focusing on the advancement of education and financial inclusion which aimed to improve the lives of people in poverty. With a significant focus on youth in Africa and Indigenous communities in Canada, the foundation provides young people with access to education, skills training, and employment opportunities.
4. Stichting INGKA Foundation
Net worth: $36 billion
Based in the Netherlands, the Stichting INGKA Foundation is the philanthropic arm of the Ingka Group (the parent company of IKEA). This organization focuses on children and youth, committing to helping poverty families. It is also known for partnering with other reputed NGOs, including the UN.
5. Wellcome Trust
Net worth: $26 billion
The Wellcome Trust is one of the world's leading medical research charities. Established in 1936 by pharmaceutical entrepreneur Sir Henry Wellcome, the organization focuses on tackling major health challenges by funding research institutes around the world. It also publishes open-access journals to inform the public and share scientific knowledge.
6. Howard Hughes Medical Institute (HHMI)
Net worth: $26 billion
Originally focused on biomedical research, HHMI offers grants to scientists and breakthroughs in medicine and healthcare. Founded by Howard Hughes in 1953, this charitable organization currently supports around 250 scientists making significant advances in genetics and neuroscience.
7. Ford Foundation
Net worth: $16 billion
Founded in 1936 by Edsel Ford, the Ford Foundation initially focused on science, education, and charitable projects. Over time, its mission expanded to include promoting democracy and addressing poverty, with a continued commitment to creating a more equitable world.
8. Kamehameha Schools
Net Worth: $14.6 billion
Declining the throne of her Pacific land in 1872, the daughter of Hawaiian royalty Bernice Pauahi Bishop used her inheritance to help others through the establishment of Kamehameha Schools. Operating for over a century, the school continues to serve more than 7,000 children annually with tuition free, driven by its impressive endowment of $9 billion.
9. Robert Wood Johnson Foundation (RWJF)
Net worth: $13 billion
The Robert Wood Johnson Foundation is one of the largest foundations in the world focused on four sectors of health equity, including transforming health and healthcare, fostering healthy communities, ensuring healthy children and families, and also supporting health leaders.
10. J. Paul Getty Trust
Net worth: $12 billion
The J. Paul Getty Trust is dedicated to supporting the arts through its J. Paul Getty Museum, the Getty Research Institute, the Getty Conservation Institute, and the Getty Foundation. Its flagship Getty Museum in Los Angeles is one of the most renowned cultural institutions in the world. The foundation also funds research and preservation projects to protect and conserve cultural heritage globally.
These philanthropic organizations contribute to shaping a better future for communities around the world by addressing pressing needs and supporting initiatives that drive lasting change.
WORLD ATLAS | HOWSTUFFWORKS | PHILANTROPIA
Editor’s Choice: 10 Largest Retailers in the World, Walmart Ranks First
Click here to get the latest news updates from Tempo on Google News
4 Types of Accidents Not Covered by BPJS Kesehatan
14 hari lalu
Health Care & Social Security Agency (BPJS Kesehatan) doesn't cover all accident types, it only provides claim services for certain types of accidents
Vanuatu Seeks International Help After Devastating Earthquake
18 hari lalu
The earthquake in Vanuatu, described by locals as a strong, high-frequency vertical jolt, has claimed at least 14 lives and injured over 200 people.
Free Health Check-ups to Commence in Early 2025, Says Ministry
25 hari lalu
The Ministry of Health has announced plans to launch a free health check-up program for the Indonesian public in early 2025.
10 Largest Banks in the World 2024, Holding Up to US$600bn Market Cap
28 hari lalu
Explore the largest banks in the world, ranked by market cap, from Asia to North America. Discover what these financial giants are renowned for.
Top 10 Largest Israeli Companies by Market Cap in 2024
29 hari lalu
This article discovers the largest Israeli companies in 2024, showcasing impressive market capitalization. Who secures the first place?
Indonesia and Sweden Strengthen Healthcare Cooperation
35 hari lalu
Indonesia and Sweden agreed to strengthen cooperation in the health sector to ensure equitable access to health services and health systems.
Japan Hands Over Medical Equipment Grant to Hospital in Papua
7 November 2024
Japan donated medical equipment to Bunda Pengharapan Hospital in Merauke Regency, South Papua Province through Grassroots Grant Assistance.
10 Largest Retailers in the World, Walmart Ranks First
30 Oktober 2024
The retail landscapes show competitive performance of each company. With Walmart places first, discover more the largest retailers in the world here!
Top 10 Largest Army in the World, Strong Nation Defenses
28 Oktober 2024
The size of armies might impact global security dynamics largely for defense positioning. Take a look at top 10 largest army in the world by personnel
KPK Says Fraud within Indonesia's Healthcare Sector Causes Rp20tn of Loss
20 September 2024
The KPK official said fraud causes damage of about Rp20 trillion, or 10 percent of the public health spending.
