Community foundations constitute just 1 percent of all U.S. grantmaking foundations but account for roughly 10 percent of giving. In 2005, their estimated giving rose 10.9 percent—roughly twice as fast as independent and corporate foundations—to a record $3.2 billion. Double-digit asset gains in 2003 and 2004, increases in the level of new gifts into foundations, and exceptional disbursements from donor-advised funds all contributed to this growth. Relative to other types of foundations, community foundations benefited from having a broad pool of individual donors who can respond quickly to economic upturns and also balance out those that have reduced giving. Donor-advised funds maintained by community foundations may also represent a more attractive option to donors than setting up an independent foundation, given unpredictable market returns in recent years.
Title: Key Facts on Community Foundations 2006
Publication date 2006-01-01
Publication Year 2006
, foundation giving
, foundation center
, NOTE based
Resource provided by IssueLab
Share the Collection
Use this form to customize and generate the code you need to display this content in your own environment - no programming required. The feed will inherit more specific styles, like font face and font color, from your website.
Suggest a Report
Please use the form below to provide us with your recommendation, and we'll check it out. Include your name and email address along with your suggestion just in case we need to get in touch. Thank you for contacting us.