As a private family foundation, the Haas, Jr. Fund considers responsible stewardship of its financial resources among its most important priorities. Benefiting from robust securities markets in the 1990s and a diversified investment portfolio that has provided relatively steady gains (despite market turmoil in the beginning of the 2000s), the Haas, Jr. Fund’s assets totaled approximately $621 million at the end of 2007.

The Haas, Jr. Fund's grantmaking has more than doubled over the past 10 years with grants awarded in 2007 totaling $31 million. This growth is largely due to a decision by the Haas, Jr. Fund’s Trustees to give away more than is required by law. While the IRS requires private foundations to give away five percent of their assets and allows them to include administrative costs, the Haas, Jr. Fund currently gives away five percent of its assets excluding administrative expenses. In the foreseeable future, the Fund expects to continue—if not to exceed—allocating five percent of its assets, not including administrative costs, for grantmaking.

For more information about the Haas, Jr. Fund’s assets, grantmaking and finances, click below:

Asset Growth 1997-2007

Grants Awarded 1997-2007

Financial Summary