The richest NGO, based on endowment value, is the Novo Nordisk Foundation.
While "richest" can be defined in different ways (revenue, assets, impact, etc.), using endowment value as the metric, the Novo Nordisk Foundation leads the way. This foundation is based in Denmark and supports scientific and humanitarian purposes.
Here's a breakdown of some of the wealthiest charitable foundations by endowment:
Wealthiest Foundations by Endowment Value
Rank | Organisation | Country |
---|---|---|
1 | Novo Nordisk Foundation | Denmark |
2 | Tata Trusts | India |
3 | Bill & Melinda Gates Foundation | United States |
4 | Wellcome Trust | United Kingdom |
It's important to note that this list can fluctuate based on investment performance, donations, and other factors affecting endowment value. Additionally, the definition of "NGO" can vary, further impacting rankings. Some of the listed organizations may identify as charitable foundations rather than traditional NGOs, but they operate with similar philanthropic goals.