The Gates Foundation led global development efforts in 2022, spending a remarkable $4.98 billion.
Mastercard Foundation followed with $1.2 billion, focusing on education and financial inclusion.
Other major contributors included the Children's Investment Fund Foundation ($399.2 million), Wellcome ($396.4 million), and Bloomberg Philanthropies ($387.9 million).
Ford Foundation, known for social justice initiatives, spent $310.5 million, while IKEA Foundation and LEGO Foundation invested $260.7 million and $258.4 million, respectively.
The Oak Foundation allocated $249.98 million, and the Howard G. Buffett Foundation closed the list at $237.8 million.