# Europe's top 50 foundations listed by expenditure

- Link: https://fundraising.co.uk/2007/01/17/europe039s-top-50-foundations-listed-expenditure/
- Published: 2007-01-17T00:00:00+00:00
- Author: Howard Lake

The latest edition of Philanthropy in Europe has published its annual list of Europe’s
top 50 foundations by expenditure. Together they donated 4.4 billion euros.
The 
magazine includes a ranking of Europe’s top 20 richest foundations which, remarkably,
are “even wealthier than their American counterparts”. Europe’s top 20 richest foundations
control assets of over 117 billion euros, thanks largely to “the secretive foundation”
established by IKEA founder and billionaire Ingva Kamprad.

The top 50 list is headed by the UK’s Wellcome Trust, with a surprise entry to the
rankings by Volnoe Deloe (Free Deed Foundation) established by Russian oligarch 
Oleg Deripaska.

Issue 25 of Philanthropy in Europe also includes the second part of its in-depth
research into the philanthropy of Europe’s leading public companies and a profile
of the giving of Russia’s and the Ukraine’s oligarchs.

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