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10 biggest US foundations and what they do

What are the 10 biggest foundations in the United States? Here they are in ascending order, based on their assets, along with a little bit about what social problems each addresses.

9. John D. and Catherine T. MacArthur Foundation - $5.7 billion

The John D. and Catherine T. MacArthur Foundation, headquartered in Chicago, has $5.7 billion in assets.

Everyone wins when it comes to philanthropy. Yes, the John D. and Catherine T. MacArthur Foundation is the organization that awards MacArthur Fellowships 鈥撯 more commonly known as 鈥済enius grants鈥 鈥撯 but even non-geniuses benefit from the work of the foundation, which 鈥渟upports creative people and effective institutions committed to building a more just, verdant, and peaceful world.鈥 Established in 1970 by insurance giant John D. MacArthur and his wife, Catherine, the Chicago-based foundation uses its $5.7 billion in assets (as detailed by the Foundation Center) to award grants for international programs; US programs; media, culture, and special initiatives; and, of course, the MacArthur Fellows Program. Specific projects include human rights and international justice, community and economic development, and public interest media. The foundation鈥檚 home city of Chicago is especially supported in the areas of arts and culture, housing, and juvenile justice.

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