MacArthur Foundation

The John D. and Catherine T. MacArthur Foundation
Founded1970; 54 years ago (1970)[1][2]
Type501(c)3 organization
23-7093598
FocusClimate change, nuclear challenges, non-profit journalism, local issues in Chicago
Location
President
John Palfrey[3]
Key people
John D. MacArthur (co-founder)
Catherine T. MacArthur (co-founder)
Endowment$8 billion (2022)[4]
Websitewww.macfound.org Edit this at Wikidata

The John D. and Catherine T. MacArthur Foundation is a private foundation that makes grants and impact investments to support non-profit organizations in approximately 117 countries around the world. It has an endowment of $7.6 billion and provides approximately $260 million annually in grants and impact investments.[5][6][7] It is based in Chicago, and in 2014 it was the 12th-largest private foundation in the United States.[8] It has awarded more than US$8.27 billion since its first grants in 1978.[9]

The foundation's stated purpose is to support "creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world".[6][10] MacArthur's grant-making priorities include mitigating climate change, reducing jail populations, decreasing nuclear threats, supporting nonprofit journalism, and funding local needs in its hometown of Chicago.[11] According to the OECD, the foundation's financing for 2019 development increased by 27% to US$109 million.[12] The MacArthur Fellows Program, commonly referred to as the "genius" award,[13][a] annually gives $800,000 no-strings-attached grants to around two dozen creative individuals in diverse fields[18] "who have shown extraordinary originality and dedication in their creative pursuits".[13] The foundation's 100&Change competition awards a $100 million grant every three years to a single proposal.[19]

  1. ^ "MacArthur Foundation: Our History". MacArthur Foundation. Retrieved July 14, 2015.
  2. ^ Nicas, Jack (September 20, 2011). "The New Class of 'Geniuses'". The Wall Street Journal. Retrieved June 12, 2015.
  3. ^ "President - MacArthur Foundation".
  4. ^ www.macfound.org Edit this at Wikidata
  5. ^ JOHN D.AND CATHERINE T. MACARTHUR FOUNDATION Consolidated Financial Statements$7.6 billion Net Assets
  6. ^ a b "MacArthur Foundation: Chicago Grants". Inside Philanthropy. Retrieved June 3, 2015.
  7. ^ "Program Budgets". MacArthur Foundation. Retrieved June 21, 2016.
  8. ^ "Top 100 U.S. Foundations by Asset Size". Foundation Center. Retrieved June 3, 2015.
  9. ^ "Financials - MacArthur Foundation". www.macfound.org. Retrieved August 12, 2024.
  10. ^ "About Us". MacArthur Foundation. Archived from the original on June 30, 2015. Retrieved June 21, 2016.
  11. ^ Daniels, Alex (January 11, 2016). "Inside MacArthur's Rapid Strategic Shift to 'Big Bets'". The Chronicle of Philanthropy. Retrieved June 23, 2016.
  12. ^ "Development Co-operation Profiles – John D. and Catherine T. MacArthur Foundation". OECD iLibrary.
  13. ^ a b Montevideo, Mickey Y. (October 3, 2011). "Alumna receives MacArthur Foundation's 'genius award'". UGA Today. Retrieved June 25, 2020.
  14. ^ "MacArthur Fellows Frequently Asked Questions". MacArthur Foundation. Retrieved October 16, 2023.
  15. ^ Conrad, Cecilia A. (September 20, 2013). "Five Myths About the MacArthur 'Genius Grants'". MacArthur Foundation. Retrieved October 16, 2023.
  16. ^ Jim Collins (September 19, 2005). "It isn't easy being a genius". The New York Times. Archived from the original on April 18, 2015. Retrieved October 16, 2023.
  17. ^ Viet Thanh Nguyen (April 14, 2018). "Don't call me a genius". The New York Times. Retrieved October 16, 2023.
  18. ^ Conrad, Cecilia (September 20, 2013). "Five Myths about the MacArthur 'Genius Grants'". The Washington Post. Retrieved June 23, 2016.
  19. ^ "100&Change". 100&Change. Retrieved November 19, 2020.


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