Feature Story

May 5, 2008

Foundation Giving Posts 10 Percent Gain in 2007; Giving Expected to Grow Modestly in 2008, Despite Challenging Economic Environment

From Ascribe Newsfeed:

, The country's more than 72,000 grantmaking foundations increased their giving to $42.9 billion in 2007, according to "Foundation Growth and Giving Estimates: Current Outlook" (2008 Edition), released today by the Foundation Center. This estimated 10 percent gain followed a 7.1 percent increase in 2006. Read more from this post.