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Snapshot: Key Facts on Community Foundations

May 20, 2008

More findings from the Foundation Center's Research Dept.:

Keyfactscomma_4 "Community foundations account for 1 percent of all U.S. grantmaking foundations but about 9 percent of giving. Since the start of the 1990s, the rate of growth in community foundation giving has surpassed that of U.S. foundations overall in all but two years. The latest year was no exception. Giving by community foundations jumped nearly 14 percent in 2007, to an estimated $4.1 billion. (Adjusted for inflation, giving rose 10.7 percent.) Contributing to the faster growth in community foundation giving has been strong asset growth, new gifts and bequests from donors, and exceptional disbursements from donor-advised funds.

"Looking ahead, close to two-thirds (64 percent) of community foundations responding to the Foundation Center's annual forecasting survey expected to increase their giving in 2008. About half of these funders anticipated giving increases in the 1 percent to 5 percent and 5 percent to 10 percent ranges. Yet this positive finding was tempered by the 25 percent of community foundation respondents that expected to reduce their giving in 2008."

Key Facts

  • $4.1 billion -- Est. giving by community foundations in 2007
  • 14 percent -- Est. increase in community foundation giving between 2006 and 2007
  • 717 -- Number of grantmaking community foundations in 2006
  • 42 percent -- Share of community foundations reporting more than $1 million in giving in 2006
  • 9 percent -- Community foundation giving as a share of all foundation giving in 2006

Keyfactscommb_3  

To download the fact sheet, "Key Facts on Community Foundations" (6 pages, PDF), click here.

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Community foundations act as a catlyst to get people involved and take action

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