AE
Annie E. Casey Foundation
Corporate · Founded 1948 · Baltimore, United States
AECF Is devoted to developing a brighter future for millions of children at risk of poor educational, economic, social and health outcomes
Who Annie E. Casey Foundation is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The foundation was established in 1948 by Jim Casey, a founder of UPS, and his siblings, who named it in honor of their mother.
- Initially created to fund a camp for disadvantaged children in Seattle, the foundation grew substantially in the 1960s and 1970s, becoming a significant supporter of foster care and neighborhood-based services for children and families.
Source of Capital
- The Annie E. Casey Foundation is a private foundation whose grantmaking activities are supported by its endowment.
- At the end of 2022, the foundation's assets were valued at approximately $3.4 billion.
Allocation Strategy
- The foundation's primary focus is on impact investments that complement its grant-making strategy, addressing systemic issues that create barriers to opportunity for young people and their families.
- It employs a "two-generation approach," investing in programs that support both parents and children simultaneously to break cycles of intergenerational poverty.
- The investment strategy targets issues such as the lack of affordable housing and the widening wealth gap within the United States.
The funds Annie E. Casey Foundation backs.
Annie E. Casey Foundation is a limited partner in 70 funds. 15 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Annie E. Casey Foundation’s fund book is spread.
The 70 funds Annie E. Casey Foundation backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 69 of 70 with a location on record.
- North America 6087%
- Europe 57%
- Rest of world 46%
United States 60 · United Kingdom 3 · China 2 · Hong Kong 1
How established those managers are
Managers grouped by how many funds they have raised. 16 emerging (three funds or fewer), 31 established — across the 47 of 70 with a fund history on record.
The companies Annie E. Casey Foundation backs directly.
Annie E. Casey Foundation holds 4 companies directly, separate from the funds it commits to as a limited partner.
How those direct holdings break down by headquarters country, sector, entry stage and current growth stage. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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USA4
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Education2
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Enterprise Software2
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Health1
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Seed2
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Early Growth2
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Breakout Stage1
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Mature1
Other LPs.
Other corporate and insurance LPs in the Power Law LP ranking, closest to Annie E. Casey Foundation by combined power-law score — North America first, then the nearest worldwide.