PtP: 635 foundations, $200 billion in assets and counting
The PtP Project team is pleased pleased to let you know that the number of identified PtP foundations around the world has continued to expand, as has the amount of assets these foundations control.
During the past year, an additional 100 PtP foundations have come to light, representing $65 billion in assets and a nearly 20% jump in the identified number of foundations. Included here are:
For a full list of identified PtP Foundations to date, see our PtP Foundation Master List.
A new asset class
Not only the number of PtP foundations, but also the asset classes to which the PtP concept can be applied, have recently expanded. Most notable, as the Voqal Foundation example shows, is the addition of proceeds from the sale of broadband spectrum licenses, now increasingly in demand around the world with the growth of 5G transmission equipment and the increased demand for spectrum frequencies on which such equipment can best operate.
This brings to nine the asset classes to which the PtP concept has been, and still can be, applied:
We fully expect the number of PtP foundations to swell further, moreover, as knowledge of the PtP concept expands, and as new PtP foundations form. If you become aware of any PtP foundations we may have missed, please let us know today!
Crossposted from p-t-p.org.
Chelsea Newhouse is the Communications Manager for the Center for Civil Society Studies and manages the Center's Nonprofit Economic Data and Philanthropication thru Privatization Projects and the Nonprofit Works Interactive Database. Prior to joining the Center in 2008, she worked for the Johns Hopkins University Department of Molecular Biology & Genetics, the Baltimore Sun, and as a community organizer for Clean Water Action and the Democratic National Committee. She holds a degree in Philosophy from the University of Virginia. Chelsea can be reached at email@example.com.