Foundation Center Releases 2011 Growth and Giving Estimates
The Foundation Center has released the 2011 edition of its annual Foundation Growth and Giving Estimates, 2011 Edition. The report, authored by Steven Lawrence and Reina Mukai, provides a “first look” at 2010 giving and directions for 2011 and 2012 giving, together with aggregated actual 2009 giving and asset figures for more than 76,000 grantmaking U.S. foundations.
From the key findings:
The relative stabilization of foundation giving in 2010 reflected numerous factors. Among these were the beginning of a modest recovery in foundation assets in 2009; new gifts and bequests from donors into recently established and existing foundations; and the continuing commitment of some funders to maintaining their giving levels or minimizing reductions in their support, despite substantial losses in the value of their endowments. These positive trends helped to balance out lower levels of funding by the many foundations that felt the need to reduce giving in 2010.
Findings from the Foundation Center’s annual “Foundation Giving Forecast Survey” suggest that 2011 giving will grow between 2 and 4 percent. Looking ahead to 2012, grantmakers appear to be fairly optimistic about their prospects. On balance and assuming no unexpected economic strife, foundation giving should realize another modest year-over-year gain.
Download the full report (.pdf, 1.1Mb).