Beginning 1996, year-end level is calculated from SOI, Domestic Private Foundations and Charitable Trusts, as the sum of lines Government obligations (fair market 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. Transactions are calculated as the one year change in the sum of line Government obligations (book value), column Total from tables 3 and 4. Capital gains are calculated as the difference in the level, less transactions. Prior to 1996, fair market value levels and capital gains are estimated based on the growth of the Merrill Lynch AAA Treasury/Agency par weighted price index. Data are annual.
Last edited on: 03/04/2019