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Largest nonprofits by assets

The 100 tax-exempt organizations holding the most assets at the end of their most recent reported year, at book value. 11 of them are private foundations.

American Factbook Research

By total assets at book value

Book value is what an organization paid for what it holds. A private foundation also reports fair market value — what those assets are worth now — and it is shown in its own column where the form carries it.

4 more columns on a wider screen

Tax-exempt organizations ranked by end-of-year assets at book value
RankOrganizationAssets, book
1Thrivent Financial for Lutherans$117,961,275,629
2Kaiser Foundation Hospitals$87,393,662,149
3Fidelity Investments Charitable Gift Fund$86,270,322,515
4President and Fellows of Harvard College$79,935,301,000
5Gates Foundation$78,673,465,696
6Gates Foundation Trust$77,564,446,975
7The Board of Trustees of the Leland Stanford Junior University$68,719,825,443
8Uaw Retiree Medical Benefits TR$62,856,283,467
9Lilly Endowment Inc$62,180,012,552
10The Wellcome Trust$57,932,370,800
11State Chartered Credit Unions Inc$56,111,610,046
12National Philanthropic TR$56,096,033,883
13Yale University$55,210,972,740
14Harvard Management Private Equity Corporation$50,826,535,215
15The Mastercard Foundation$50,320,893,084
16Donor Advised Charitable Giving$47,548,536,893
17Princeton University$45,858,792,000
18Massachusetts Institute of Technology$45,313,517,000
19National Rural Utilities Cooperative Finance Corp$38,295,081,990
20Trustees of the University of Pennsylvania$36,736,678,000
21Novo Holdings a-S$36,173,313,408
22Kaiser Foundation Health Plan Inc$33,547,368,863
23Mass General Brigham Incorporated and Affiliates Group RTN$32,196,538,053
24University of Notre Dame Du Lac$29,638,395,911
25Howard Hughes Medical Institute$29,497,763,012
26Mayo Clinic$26,682,635,058
27Cleveland Clinic Foundation$26,534,014,021
28Ascension Health Alliance$25,494,056,258
29Johns Hopkins University$25,294,054,000
30Emory University$24,888,450,281
31Advocate Health and Hospitals Corporation$23,838,091,591
32New York University$23,589,633,382
33Milton Hershey School & School Trust$23,560,448,240
34Trustees of Columbia University$23,551,142,933
35Michigan Catastrophic Claims Association U S$23,236,293,140
36Dignity Health$22,781,808,773
37Vanguard Charitable Endowment Program$22,173,441,530
38Duke University$22,131,922,809
39The New York and Presbyterian Hospital$21,869,325,248
40Northwestern University$20,789,227,097
41Washington University$19,792,327,000
42The Golden 1 Credit Union$19,609,426,722
43Alliant Credit Union$19,539,151,845
44Ihc Health Services Inc$18,672,409,062
45Cornell University$18,612,463,436
46MGB Pooled Holdings LLC$18,204,721,570
47Modern Woodmen of America$18,169,068,952
48Mayo Clinic Group Return$17,859,698,606
49Suncoast Credit Union$17,828,618,114
50Banner Health$17,653,604,464
51Ford Foundation$17,484,692,219
52The Cleveland Clinic Foundation$17,384,365,197
53Trinity Health Corporation$17,277,831,225
54Northwestern Memorial Healthcare$16,786,135,308
55Commonspirit Health Operating Investment Pool LLC$16,709,046,868
56Central States Southeast & Southwest Areas Health & Welfare F$16,587,695,170
57University of Virginia Investment Management Company$16,078,987,884
58Baycare Health Systems Inc$16,024,272,637
59Credit Unions Chartered IN the State of Michigan$15,952,719,108
60University of Chicago$15,809,478,980
61Northwestern Memorial Healthcare$15,487,332,380
62Memorial Sloan-Kettering Cancer Center$15,468,483,000
63Vanderbilt University$14,819,492,400
64Novant Health Inc$14,556,934,673
65Bon Secours Mercy Health Inc$14,409,463,446
66William & Flora Hewlett Foundation$14,202,751,280
67Adventist Health System Sunbelt Inc$14,087,207,811
68State Chartered Credit Unions IN Florida$13,974,781,649
69Chancellor Masters and Scholars of the University of Cambridge$13,973,069,287
70J Paul Getty Trust$13,904,189,210
71Arab Fund for Economic and Social Development$13,785,447,168
72University of Southern California$13,778,469,076
73Memorial Hermann Health System$13,656,114,392
74Stanford Health Care 227$13,566,623,450
75Robert Wood Johnson Foundation$13,417,636,452
76Shriners Hospitals for Children$13,340,431,183
77Nyu Langone Hospitals$13,091,045,206
78Aarp$13,056,882,027
79Trustees of the Estate of Bernice Pauahi Bishop$13,000,665,087
80ST Jude Childrens Research Hospital Inc$12,933,669,993
81Indiana University Health Inc$12,792,763,812
82GS Donor Advised Philanthropy Fund for Wealth Management Inc$12,737,589,000
83Adventist Health System Sunbelt Healthcare Corporation$12,470,500,054
84Chancellor Masters & Scholars of the University of Oxford$12,395,980,006
85Cedars-Sinai Medical Center$12,381,804,412
86Hudson East River Systems LLC$12,376,550,855
87Silicon Valley Community Foundation$12,299,698,780
88Bloomberg Family Foundation Inc$12,117,236,821
89Trustees of Dartmouth College$12,047,520,355
90The Methodist Hospital$11,855,424,448
91Poudre Valley Health Care Inc$11,660,581,007
92Gordon E and Betty I Moore Foundation$11,522,694,235
93Woodmen of the World Life Insurance Society$11,300,235,603
94Governing Council of the University of Toronto$11,185,048,000
95William Marsh Rice University$11,183,685,000
96Upmc$11,152,724,568
97Orlando Health Inc$11,086,381,705
98Baptist Health of South Florida Inc$10,878,664,265
99Mass General Brigham Incorporated$10,862,924,959
100Foundation to Promote Open Society$10,843,807,551

How to read this

  • The ranking is on book value, deliberately. A Form 990 and a Form 990-EZ report only book value, so ranking on fair market value would put foundations on a different measure from every public charity beside them. It is also the figure other publishers show, so these numbers reconcile with theirs.
  • Fair market value is usually the larger of the two, sometimes by half again, and only a Form 990-PF reports it. A blank in that column means the organization’s form does not ask, not that the value is zero.
  • Assets are not an endowment. They include buildings, equipment and receivables as well as investments, so a hospital with a campus and a foundation with a portfolio are not holding comparable things.
  • Each row is that organization’s most recent filing, and those are different years. Figures are as reported and are not audited by the IRS.

Related

Sources

Data retrieved