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The Annenberg Foundation
The Annenberg Foundation was established in 1989 by Walter H. Annenberg. His children now serve as trustees and co-directors. The foundation supports...
The Annenberg Foundation
The Annenberg Foundation was established in 1989 by Walter H. Annenberg. His children now serve as trustees and co-directors. The foundation supports nonprofits in education, arts, health, human services, animal welfare, and environmental areas. It maintains an 18.48% allocation to private equity. Confirmed positions include commitments to Impact America Fund III and limited partner roles with General Atlantic, Summit Rock Advisors, and Kayne Anderson Capital Advisors. Geographic reach covers the United States and global grantmaking. The foundation also holds direct real assets such as the Sunnylands estate in Rancho Mirage, California, and the Los Angeles headquarters property. The foundation employs 79 professionals. It operates additional offices in Conshohocken, Pennsylvania. Adjacent vehicles include The Annenberg Foundation Trust at Sunnylands and the Wallis Annenberg Legacy Foundation. January 2025: Served as speaker at the LA CHECKIN Livestream Benefit focused on wildfire relief. The foundation uses a hybrid structure that combines family trusteeship with external investment advisors such as Summit Rock Advisors. This setup separates philanthropic grant decisions from asset management while retaining family oversight of major holdings including art collections and historic properties.
General information
Firm type
Endowment / Foundation
Year founded
1989
AUM
1590 (Altss estimate)
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
2000 Avenue of the Stars, Suite 1000, Los Angeles, CA 90067, United States
Additional offices
Conshohocken, PA, United States
Principals
Lauren Bon
Trustee and Co-Director
Gregory Annenberg Weingarten
Trustee and Co-Director
Charles Annenberg Weingarten
Trustee and Co-Director
Sector focus
Frequently asked questions
Who runs investment decisions at The Annenberg Foundation?
Trustees Lauren Bon, Gregory Annenberg Weingarten, and Charles Annenberg Weingarten oversee governance. Summit Rock Advisors has served as investment advisor since 2014.
Does The Annenberg Foundation participate in fund commitments or only direct deals?
It acts as limited partner in funds including Impact America Fund III and maintains positions with General Atlantic and Kayne Anderson Capital Advisors.
What asset classes receive allocation at The Annenberg Foundation?
Private equity accounts for 18.48% of assets. The foundation also holds direct real estate, art collections, and other operating properties.
Where does the underlying wealth come from?
Walter H. Annenberg built the fortune through ownership of Triangle Publications, a media and publishing company.
How is The Annenberg Foundation related to the Annenberg Foundation Trust at Sunnylands?
The Trust operates as a separate vehicle that manages the Sunnylands estate and hosts leadership retreats while sharing family trustees.
Does The Annenberg Foundation maintain philanthropic structures, and how are they separated?
It operates through multiple entities including the Wallis Annenberg Legacy Foundation for specific urban ecology projects and the main foundation for broader grantmaking.
What investment stages does The Annenberg Foundation typically target?
Its private equity exposure includes growth capital, buyout, early stage, and secondaries strategies through fund commitments.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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