Beginning 1988, year-end level from the SOI, Domestic Private Foundations and Charitable Trusts, as a portion of the sum of lines Total liabilities (book value), column Total from Table 3. Domestic Private Foundations: Income Statements and Balance Sheets, by Size of End-of-year Fair Market Value of Total Assets; and Table 4, Domestic Section 4947(a)(1) Charitable Trusts Treated as Foundations: Income Statement and Balance Sheets by Size of End-of-year Fair Market Value of Total Assets. Beginning 1996, the portions is estimated based on the fraction of total liabilities that 501(c)(3)-(9) organizations have in commercial mortgages. Prior to 1996, levels are estimated as 15 percent of private foundations and charitable trusts' total liabilities ( FOF series FL164190013.A). Data are annual. Transactions are equal to the change in the level. Annual transactions after the last SOI estimated as the 4-year moving average of the observed transactions.
Last edited on: 02/28/2017