JBrown@charities.org | April 11, 2011

Foundation Giving Expected to Rise in 2011, Study Finds

Foundations expect to increase their giving in 2011 by sums that could allow them to surpass the amount they distributed before the recession caused a sharp decline in grant making, according to a new report.

Grant makers gave an estimated $45.7-billion in 2010, according to figures released on Thursday by the Foundation Center, a nonprofit research organization in New York. That is about the same as last year and just 2.4 percent below the $46.8-billion given in 2008, which was a record high.

Foundations in the survey predicted they would increase grants by 2 to 4 percent this year, which means giving could near or pass its 2008 peak, according to the center.

“Over half of foundations we surveyed expect to increase their giving this year,” said Steven Lawrence, senior director of research at the Foundation Center and principal author of the report. “These additional dollars will help to seed the many promising endeavors put on hold during the depths of the economic crisis.”
Read the rest of the story at The Chronicle of Philanthropy

Get Our Fundraising Insights Straight To Your Inbox

Explore More Articles

Staff Accountant

March 19, 2024

Position: Staff Accountant Department: Finance Reports to: Assistant Controller Overview of the Role: America’s Charities is seeking a high-performing and dedicated Staff Accountant to join…

Read Article

Pay It Forward Day, April 28

March 7, 2024

Pay It Forward Day and it’s a day to celebrate the power of kindness and generosity. Pay It Forward Day is an international day of…

Read Article

National Stress Awareness Month

March 7, 2024

  April is National Stress Awareness Month, a time to recognize the importance of managing stress and promoting mental health. Stress is something that we…

Read Article

Get Resources and Insights Straight To Your Inbox

Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.

newsletter-mock