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From PR Newswire:
Study Shows Underserved Communities Receiving Lion's Share of Health Grants
In the midst of one of the biggest debates on health care reform in decades, The Philanthropic Collaborative (TPC) has released a study quantifying the important contributions made by foundations to the field of health.
The health sector is the greatest recipient of foundation monies, receiving roughly 18 percent of total grants. Last December, a TPC study found that for every dollar a foundation gives to health and wellness programs, more than seven dollars of economic benefits and savings go back into the community. Building on this finding, TPC's newest study answers the question, "Which populations benefit from this grantmaking?" Together, these studies provide a comprehensive picture of how foundation grants flow through our economy. Read more from this post.
Posted on June 16, 2009 3:22 AM
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