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Feature Story 
September 12, 2007
Giving by Community Foundations Rises to a Record $3.6 Billion

From Ascribe Newsfeed:

NEW YORK, Sept. 11 (AScribe Newswire) -- Estimated giving by the nation's 707 community foundations rose to a record $3.6 billion in 2006, according to "Key Facts on Community Foundations," a report released today by the Foundation Center.

- In 2006, community foundations' estimated giving rose 13.2 percent--surpassing independent and corporate foundations.

- The community foundations in the Center's grants sample gave proportionately more for human services, the arts, and religion than did independent and corporate foundations in 2005.

The report can be downloaded at no charge from the Gain Knowledge area of the Foundation Center's web site at http://foundationcenter.org/gainknowledge/research/pdf/keyfacts_comm_200 7.pdf.

Established in 1956, and today supported by more than 600 foundations, the Foundation Center is the nation's leading authority on philanthropy, connecting nonprofits and the grantmakers supporting them to tools they can use and information they can trust.

Read more from this post.

Posted on September 12, 2007 6:30 PM


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