Foundation Expenses and Compensation: How Operating Characteristics Influence Spending

This report examines the impact of a broader range of operating charateristics on the spending patterns of the 10,000 largest independent, corporate, and community foundations by giving. It provides an overview of the composition of expenses of the three types of foundations and documents how major differences in foundations' operating characteristics have an impact on their expense levels. The appendices include the methodology of the study, the list of variables as well as benchmarking tables.