New Report from The Foundation Center: Key Facts on Community Foundations
Estimated giving by the nation’s 717 grantmaking community foundations rose 14 percent in 2007 to a record $4.1 billion, according to Key Facts on Community Foundations, a new report from the Foundation Center. Furthermore, nearly two-thirds of the community foundations surveyed expect to increase their giving in 2008.
Other key findings based on final 2006 data include:
* Community foundations accounted for 1 percent of U.S.
grantmaking foundations but were responsible for 9 percent of giving
* Forty-two percent of community foundations reported giving away
more than $1 million
* The Greater Kansas City Community Foundation ranked first among
community foundations by total giving in 2006, awarding more than $172
million
* Education and human services were the top giving priorities of
the larger community foundations included in the Center’s grants sample
Source: The Foundation Center
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