In Section I, we find the fair market value of the foundation's assets at the end of the year.
Assets are certainly one way of evaluating the size of a foundation.
I, Line 1 provides the amount of contributions, gifts or grants the foundation received during the year. This might be of interest to grantseekers, particularly if it indicates a drastic increase in foundation assets from the previous year. Such a jump may be due to a sudden increase of wealth for the foundation's donor, or perhaps when it follows the death of the donor, who earmarked a sizable portion of his estate to the foundation. Part I, Line 25, column D provides the amount of contributions, gifts, grants paid by the foundation during the year. This figure is for actual monies paid in grants for the year of filing.