- Community foundation giving declined 9.6% in 2009, a larger decrease than for independent and corporate foundations.
- 42% of community foundations estimated their giving would further decrease in 2010.
- Larger community foundations tend to provide funding for the arts, education, human services, and religion, but are less likely to fund health, international affairs, technology, and science.
- Corporate foundation giving decreased by 3.3%, a much small decrease than their independent and community foundation counterparts.
- Giving by corporate foundations represents 32 percent of all corporate contributions.
- Companies in banking and finance accounted for the largest share of corporate foundation giving.
- There are 38,339 grantmaking independent foundations that are also sub-categorized by the Foundation Center as “family foundations”; this represents over 50% of all independent foundations and accounts for a similar share of giving and assets.
- Giving by family foundations rose by 14% during the period between 2007 and 2008.
- A majority of family foundation giving targets the economically disadvantaged.
Visit National Trends in the Gain Knowledge area of our web site for access to these and other newly posted reports.
Thanks to Ines Sucre, Reference Librarian, Foundation Center-New York, for this post.