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February 28, 2008Foundation Giving Grows Across All Program Areas |
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From Ascribe Newsfeed: The nation's largest foundations increased funding for all major subject areas in 2006, with a record number of exceptionally large grants helping to drive this growth. The continued growth of the Bill & Melinda Gates Foundation had a significant influence on the direction of foundation giving in the latest year: most notably, health surpassed education based on the share of grant dollars received, for the first time on record. While grant dollars awarded by sampled foundations rose 16.4 percent overall between 2005 and 2006, they still climbed by a double-digit 11.6 percent with the Gates Foundation excluded and benefited a range of fields beyond health and international development. "Foundation Giving Trends" (2008 Edition) provides a comprehensive analysis of all grants of $10,000 or more awarded by 1,263 of the largest private and community foundations in the United States in 2006 and tracks changes in funding trends since 1997. The report examines giving by subject focus, recipient type, type of support, population group served, and geographic focus. The Center's web site receives more than 54,000 visits each day, and thousands of people gain access to free resources in the Center's five regional library/learning centers and its national network of over 350 Cooperating Collections. For more information, please visit foundationcenter.org or call 212-620-4230. AScribe transmits news releases directly to newsroom computer systems and desktops of major media organizations via a supremely trusted channel - The Associated Press.
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