Friday, April 16, 2010

After Last Year’s Decline, Foundation Giving Expected to Remain Flat in 2010 - Foundations - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

After Last Year’s Decline, Foundation Giving Expected to Remain Flat in 2010 - Foundations - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "Giving by the nation’s grant makers fell by more than 8 percent last year, according to a new report, marking the steepest drop ever tracked by the Foundation Center, the New York group that keeps data on American foundations. Grant dollars fell from $46.8-billion in 2008 to $42.9-billion in 2009.

Yet, according to the Foundation Center’s latest report, the decline in giving totaled less than half of the 17 percent loss in foundation assets recorded in 2008."

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