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Community Foundation Giving Jumps 14 Percent, New Foundation Center Report Finds; Support Hits Record High of $4.1 Billion in 2007 |
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From Ascribe Newsfeed: 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. Giving projections for 2007 are based on responses to the Foundation Center's 2008 "Foundation Giving Forecast Survey" from 214 of the nation's largest community foundations, combined with year-end economic indicators. The outlook for 2008 giving is based on the responses of 197 larger community foundations. The report can be downloaded at no charge from the Gain Knowledge area of the Foundation Center's web site at http://www.foundationcenter.org/gainknowledge/research/nationaltrends.html. 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. The Center maintains the most comprehensive database on U.S. grantmakers and their grants--a robust, accessible knowledge bank for the sector. It also operates research, education, and training programs designed to advance philanthropy at every level. The Center's web site receives more than 57,000 visits each day, and thousands of people gain access to free resources in its five regional library/learning centers and its national network of 375 Cooperating Collections. We provide direct, immediate access to mainstream national media for 600 colleges, universities, medical centers, public-policy groups and other leading nonprofit organizations.
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