Lessons Learned from a
Decade of Catalytic Philanthropy

The Pershing Square Foundation has supported individuals and organizations who dare to re-imagine the possible, who reframe problems as solutions, and who see the world—its challenges and promise—in unconventional ways: an abandoned rail line as verdant public space, poor women in Liberia as community health workers, undocumented young people as the engines of our future prosperity, courtroom data as a force for criminal justice reform.

Inspired by these visions of change, The Pershing Square Foundation (PSF) has committed $400 million in grants and social investments to more than 150 organizations across the globe. This year, at our decade mark, we undertook an extensive analysis our portfolio that that has yielded important lessons for foundation’s next ten years.  We share those findings below: