Private Foundation

November 1999, 98 pages, developed in cooperation with the Arts Education Partnership and the President's Committee on the Arts and Humanities, funded by the G.E. Fund and the John D. and Catherine T. MacArthur Foundation.

A growing chorus of complaint has emerged about foundation giving in recent years. According to critics, foundations do not distribute enough in grant payments to justify their privileged position. On average, foundations pay out about 5.5 percent of their total assets each year and many critics believe that is just not enough.