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The Economic Climate


  • Working for the Few
    Published by Oxfam International, January 2014
    This analysis, released to coincide with the 2014 World Economic Forum in Davos, examines the growth of global economic inequality and offers recommendations for reversing it.
  • The War on Poverty at 50
    January 2014
    The Chronicle of Philanthropy’s special section on the progress (and lack thereof) in battling poverty since President Lyndon Johnson focused on the issue during his State of the Union address.
  • Charitable Giving Report: How Nonprofit Fundraising Performed in 2013
    Published by Blackbaud, February 2014
    According to Blackbaud’s new report, overall giving to nonprofits grew 4.9 percent in 2013, while online giving grew 13.5 percent — the biggest increase in charitable giving since the Great Recession.
  • Track 2013 Year-End Online Giving
    December 2013
    For the second year in a row, The Chronicle of Philanthropy is analyzing daily online-fundraising totals for charities that process donations through Network for Good.
  • Nonprofit-Government Contracts and Grants: Findings from the 2013 National Survey
    Published by the Urban Institute, December 2013
    This report discusses the results of the 2013 National Survey of Nonprofit-Government Contracts and Grants, finding that nearly 40 percent of the surveyed nonprofits reported a decline in local and state government funding, while almost 50 percent experienced a decrease in federal government funds.
  • The Great Recession, Tax Policy, and the Future of Charity in America
    Published by American Enterprise Institute, December 2013
    AEI President Arthur Brooks examines how charitable giving has changed in the United States in the wake of the Great Recession and how recipients of charitable donations will be impacted by changes in tax rates and proposed caps on charitable deductions.
  • Executive Compensation
    September 2013
    Chief executives at the nation’s biggest charities and foundations received a median salary increase of 3.1 percent in 2012, according to The Chronicle of Philanthropy’s annual study — a smaller increase than the 3.8 percent they earned in 2011 and half as big as the pay raises received by corporate executives.
  • Why Don’t Corporations Give to Charity?
    August 8, 2013
    In an op-ed for Slate, Ken Stern examines the decline in corporate contributions to charities in the U.S., as a percentage of pretax profits, over the past 30 years.
  • Corporate Giving
    July 14, 2013
    Cash gifts from America’s biggest companies grew by 2.7 percent in 2012, according to The Chronicle of Philanthropy’s latest survey. Corporate leaders expect a third straight year of modest increases in 2013, and are seeking other ways to help charities, such as through employee volunteerism and donations of products.
  • Online Fundraising
    June 23, 2013
    This special Chronicle of Philanthropy news section examines the growth of online giving, which, according to two new Chronicle studies, rose by 14 percent in 2012.
  • Giving USA 2013: The Annual Report on Philanthropy
    Published by the Lilly Family School of Philanthropy at Indiana University, June 2013
    According to the latest edition of the Giving USA report, individual charitable giving in the United States grew by almost 4 percent in 2012, and U.S. giving overall totaled $316.2 billion, a 3.5 percent increase from 2011.
  • The Growth of Government Support for Charities
    May 2013
    According to a new Chronicle of Philanthropy study, from 2000 to 2010, money from federal, state and local governments for nonprofits increased 77 percent; in that same time span, donations from private sources grew just 47 percent.
  • A Decade of Million-Dollar Gifts
    April 2013
    Sixty percent of gifts of $1 million or more are made to organizations in the same state or geographic region as the donor, according to this study released by the Indiana University Lilly Family School of Philanthropy. This data comes from the Million Dollar List, the school’s online database of publicly reported charitable gifts of $1 million or more to organizations in the United States. In particular, health nonprofits, arts, culture and humanities organizations, higher education institutions, foundations and government agencies received more than half of their million-dollar-plus gifts from donors in the same state.
  • Making the Case for Intervention
    April 25, 2013
    In this blog post for the Stanford Social Innovation Review, Alisa Helbitz & Emily Bolton of the UK’s Social Finance describe how and why their organization developed the Social Impact Bond model.
  • Nonprofit Fundraising Study: Covering Charitable Receipts at U.S. and Canadian Nonprofit Organizations in 2012
    Published by the Nonprofit Research Collaborative, April 2013
    According to NRC’s new report, nearly six in 10 charities surveyed (58 percent) raised more in 2012 than they did in 2011 from contributions, marking the first time since 2006 that significantly more than half showed such positive results.
  • The Economic Security and Well-Being Index for Women in New York City
    Published by the New York Women’s Foundation, April 2013
    This new report provides an in-depth analysis of the economic security, health and safety, and well-being of women in 59 community districts in order to provide baseline information and data on the status of women and girls living throughout the five boroughs.
  • 2013 State of the Nonprofit Sector Survey
    Published by the Nonprofit Finance Fund, March 2013
    Nonprofit Finance Fund’s fifth annual survey, supported by the Bank of America Charitable Foundation, details the substantial changes that many nonprofits are making after years of economic stress. Among the findings: 42 percent of survey respondents report that they do not have the right mix of financial resources to thrive and be effective in the next 3 years, and only 14 percent of nonprofits receiving state and local funding (and 17 percent of federal fund recipients) are paid for the full cost of their services.
  • Voluntary Support of Education Survey
    February 2013
    The Council for Aid to Education's most recent annual survey found that private contributions to American colleges and universities increased 2.3 percent, to $31 billion — below 2008’s historical high of $31.6 billion and virtually unchanged when adjusting for inflation.
  • What You Should Know About the Sequester
    February 28, 2013
    The Peter G. Peterson Foundation provides helpful facts on the March 1 sequestration process.
  • Charitable Giving Report: How Nonprofit Fundraising Performed in 2012
    Published by Blackbaud, February 2013
    According to Blackbaud’s new report, overall giving to nonprofits continued its slow recovery, growing approximately 2 percent in 2012. Online giving did grow by about 11 percent in 2012 compared to the previous year.
  • The Philanthropy 50
    February 2013
    The top 50 donors on The Chronicle of Philanthropy’s list for 2012 committed $7.4 billion to charity, but even with $1.1 billion in new gifts from billionaires under 40, giving levels remained below those seen before the recession.
  • Take And Give: The Crimes and Philanthropy of Bank of America, Wells Fargo, Goldman Sachs and JPMorgan Chase (PDF)
    Published by the National Committee for Responsive Philanthropy, January 2013
    This report examines the philanthropic track records of Bank of America, Goldman Sachs, JPMorgan Chase and Wells Fargo.
  • What Does the Fiscal Cliff Deal Mean for Nonprofits? (PDF)
    Published by the Urban Institute, January 2013
    The American Taxpayer Relief Act of 2012 is expected to increase charitable giving by $3.3 billion or 1.3 percent, mainly due to the increase in the top marginal tax rate.
  • Economic Impacts of 2010 Foundation Grantmaking on the U.S. Economy (PDF)
    Published by the Philanthropic Collaborative, December 2012
    According to this new research, in 2010, foundation grants created nearly 1 million jobs and added $63.58 billion to America’s gross domestic product.
  • The Effect of the Economy on the Nonprofit Sector
    Published by GuideStar, November 2012
    PDF, 350 KB
    In its 11th annual nonprofit economic survey, GuideStar examined the effect of the economy on the American nonprofit sector by asking public charity and private foundation employees about the change in total contributions to their organizations in the first nine months of 2012 compared to the first nine months of 2011. In 2012, 37 percent of respondents said contributions had decreased, 34 percent said they had increased, and 28 percent reported that they had stayed about the same.
  • 2012 Donor-Advised Fund Report
    November 2012
    The sixth edition of the National Philanthropic Trust's annual report on donor-advised funds shows that assets at these funds grew 17.5 percent from 2010, to $37.43 billion, an all-time high; and contributions to donor-advised funds totaled $9.64 billion in 2011 (a 10.6 percent increase from 2010) and accounted for 3.2 percent of all charitable giving in the United States.
  • The Foundation Source First Annual Report on Private Foundations
    November 2012
    Foundation Source's new report provides information and trends for asset allocation, grantmaking behavior and endowment growth/decline at private foundations with less than $50 million in assets, both before and throughout the recession.
  • The Philanthropic Landscape: The State of General Operating Support
    Published by the National Committee for Responsive Philanthropy, November 2012
    In The State of General Operating Support, NCRP notes that reported general operating support increased 34 percent in 2008-2010 compared to 2004-2006, but the share of such grants remained unchanged at 16 percent of total giving.
  • The Philanthropic Landscape: The State of Multi-Year Funding
    Published by the National Committee for Responsive Philanthropy, November 2012
    Looking at data from 2004 to 2010, The State of Multi-Year Funding finds that multi-year grantmaking in 2009 fell 21 percent to $5.5 billion during a time when total grantmaking declined only by 13 percent. In September 2012, NCRP recalled a previous version of the study after learning of a programming error from the data source. This revised edition more accurately reflects recent trends.
  • 2012 Bank of America Study of High Net Worth Philanthropy
    November 2012
    The 2012 Bank of America Study of High Net Worth Philanthropy examines the giving patterns and priorities of America’s wealthiest households, and was once again written and researched in partnership with the Center on Philanthropy at Indiana University. Building upon earlier studies completed in 2010, 2008 and 2006, the latest in this series offers a deeper understanding of giving trends, strategies and traditions among wealthy donors. Results are based on a nationwide sample of 700 U.S. households with a net worth of $1 million or more (excluding the value of their home) and/or an annual household income of $200,000 or more.
  • 2012 Endowment Survey
    November 2012
    Endowments at the nation’s charities and foundations are on pace this year to record lackluster investment returns similar to those they achieved in 2011, a new Chronicle of Philanthropy survey finds. The recent post-election drop in stock markets fueled by investor anxiety over possible federal tax increases and spending cuts in January are likely to drive those results even lower this year.
  • Most Donors Plan to Give as Much or More in 2012, Survey Finds
    Source: The Chronicle of Philanthropy, October 25, 2012
    Eighty-one percent of donors plan to contribute the same amount or more than in 2011, an annual survey by Fidelity Charitable finds—a larger percentage of donors who said their giving for the year would remain steady or grow than in both 2011 and 2010.
  • The Philanthropy 400
    October 2012 (subscription required)
    The Chronicle of Philanthropy's annual ranking of the U.S. charities that raised the most money from private sources shows that these organizations achieved a median 7.5 percent gain last year—but the outlook is far less optimistic for 2012, with nonprofits forecasting a median gain of less than 1 percent.
  • 2012 Corporate Giving Survey
    Charitable giving by America’s biggest businesses rose slowly last year and shows little sign of gaining in 2012, according to The Chronicle of Philanthropy's study. Donations grew by 4 percent in 2011—far less than the 13 percent rise from 2009 to 2010, when companies saw a sharp rebound in profits after the recession.
  • Eye on the Giving Pledge
    This online resource, part of the Foundation Center's Glasspockets website, provides profiles of the 81 individuals and families that have signed the Giving Pledge, committing the majority of their assets to philanthropic causes. Charts reveal the geographic distribution, industry affiliation, net worth and age of the pledgers, and reading lists provide insights and opinions about the Pledge and its participants.
  • Evaluating the Charitable Deduction and Proposed Reforms
    Published by the Urban Institute, June 2012
    PDF, 1.5 MB

    Many recent proposals for budget and tax reform would change the value of the charitable contribution deduction. This report provides context for policymakers who may be considering one or more of these reforms, as well as for other interested observers.
  • Investment Returns for Foundations, Operating Charities Turn Negative in 2011, Studies Find
    Source: Philanthropy News Digest, June 26, 2012
    Investment returns for foundations and operating charities turned slightly negative in fiscal year 2011 after rising by more than 10 percent in each of the last two years, two studies from the Commonfund Institute find.
  • 2012 Giving USA: The Annual Report on Philanthropy for the Year 2011
    Published June 2012
    First published in 1956, Giving USA: The Annual Report on Philanthropy is the longest running, most comprehensive report on philanthropy in the United States. Among this year's findings: Charitable giving rose by just 0.9 percent after inflation in 2011; total charitable giving in 2011 was 11 percent lower than in 2007; and donations to charities dropped by a total of 13.4 percent in 2008 and 2009. (A free executive summary of the report is also available.)
  • Foundation Growth and Giving Estimates (2012 Edition)
    Published by the Foundation Center, June 2012
    PDF, 1 MB

    Giving by U.S. foundations totaled an estimated $46.9 billion in 2011, surpassing the $46.8 billion pre-recession peak recorded in 2008. Yet, after accounting for inflation, contributions by the nation's foundations were down slightly from 2010 and, reflecting continued economic volatility in 2011, more than one-third of respondents indicated that they had reduced their giving last year. Foundation assets were virtually unchanged in 2011 and remain well below their 2007 peak.
  • 2012 Donor-Advised Funds Survey
    Published by The Chronicle of Philanthropy, May 2012 (subscription required)
    According to The Chronicle’s biennial survey of 126 large donor-advised funds, assets at the biggest funds were 10 percent higher than they were in 2007, and signs of growth continue in 2012: the total assets of the top 10 largest funds are up 16 percent. Other indicators, such as the number of funds, gifts and grants as well as the value of gifts and grants, show that most of the top donor-advised funds are on par to match or surpass the growth seen last year.
  • 2011 Corporate Giving Standard (CGS) Survey
    Conducted by the Committee Encouraging Corporate Philanthropy (CECP) in association with The Conference Board
    The first analysis of 2011 corporate giving data, the most recent data available, reveals a majority of corporations worldwide have increased their giving year-over-year; companies are driving toward restoring corporate giving to pre-recession levels; 60 percent of companies have increased their total giving since 2009; and employee matching gift and engagement programs were high priorities.
  • Columbus Survey 2011: Guideposts for Navigating Peaks and Valleys
    Published by the Council on Foundations and CF Insights, May 2012
    This comprehensive report on community foundation assets, gifts and grants for 2011 is based on data gathered from 290 community foundations, including 97 of the 100 largest foundations. The survey reveals the high points and challenges of 2011, signaling a “cautious optimism” as community foundations continue to operate in an environment of economic volatility.
  • 2011 Nonprofit Fundraising Study
    Published by the Nonprofit Research Collaborative, April 2012
    PDF, 479 KB
    For the first time since 2007, 53 percent of surveyed U.S. charitable organizations saw growth in charitable giving in 2011. Looking ahead for 2012, more than 70 percent of organizations in this latest study anticipate increases in charitable contributions received. However, the economy remains a concern to many. About a third said that the economy, both nationally and globally, is the greatest challenge to fundraising this year.
  • Is Grantmaking Getting Smarter? A National Study of Philanthropic Practice
    Published by Grantmakers for Effective Organizations (GEO), March 2012
    PDF, 1.09 MB

    GEO's new national field survey of grantmaking practice (conducted by research partner TCC Group) examines the connection between listening to and learning with grantees and improving practices to achieve better results. In light of the global economic downturn, this survey also highlights some of the key shifts in grantmaking since 2008 and what they mean for supporting nonprofit resilience.
  • Diminishing Dollars: The Impact of the 2008 Financial Crisis on the Field of Social Justice Philanthropy
    Published by the Foundation Center, with funding from the Cricket Island Foundation, the Ford Foundation, and the Edward W. Hazen Foundation, November 2011
    PDF, 1.8 MB

    This report, written by Sara K. Gould, Atlantic Philanthropies Senior Fellow at the Foundation Center, both identifies the major immediate impacts of the 2008 financial crisis on social justice philanthropy and takes a look into the future. It aims to provide new and useful information to both funders and nonprofit organizations seeking funds.
  • The 2011 Philanthropy 400
    In this edition of The Chronicle of Philanthropy's annual ranking of the 400 groups that raise the most from private sources, they found that organizations collected a total of $70.3 billion last year, and that the nation’s most successful fundraising groups appear to be pulling out of the recession—but only some types of nonprofits are prospering, and the struggles faced by the rest paint a far more worrisome picture than the overall projection suggests.
  • Foundation Leaders Address the State Budget Crises
    Published by The Foundation Center, September 2011
    PDF, 310 KB

    Nearly 90 percent of the country's largest foundations report that at least some of the nonprofits they support have been severely affected by state budget cuts, and a quarter of the funders surveyed reported having grantees that were forced to suspend operations. To help address the situation, about half the funders said they have provided assistance to affected nonprofits. This study also includes an essay by Doug Bauer, Executive Director of The Clark Foundation.
  • Foundation Growth and Giving Estimates (2011 Edition)
    Published by the Foundation Center, April 2011
    PDF, 1.12 MB

    According to the latest edition of this Foundation Center report, the country's more than 76,000 grantmaking foundations gave an estimated $45.7 billion in 2010, virtually unchanged from 2009. Giving for 2010 remained just 2.1 percent below the record high of $46.8 billion awarded by foundations in 2008, despite the fact that foundation assets were still close to 10 percent below their 2007 peak.
  • A Harder Struggle, Fewer Opportunities: The Impact of the Governor's Proposed Budget on Women, Children and Families
    Published by The New York Women’s Foundation, in partnership with the Fiscal Policy Institute, March 2011
    PDF, 362 KB

    This new gender budget analysis report reveals that low-income women across racial lines—already vulnerable to the continuing effects of the economic recession—bear a disproportionate burden of cuts in Governor Cuomo’s proposed budget and are placed at even greater risk of poverty and other factors that contribute to long-term economic stagnation.
  • Standing on Shaky Ground: Americans' Experiences with Economic Insecurity
    Published by the Rockefeller Foundation, December 2010
    PDF, 5.3 MB

    Ninety-three percent of American households suffered at least one "substantial economic shock" in the 18-month period from March 2008 to September 2009, according to this report from the Rockefeller Foundation and Yale University. It draws on two surveys fielded in the spring and fall of 2009 and its results are a companion to the national Economic Security Index, which has shown that economic insecurity has worsened since the mid-1980s.
  • Moving Beyond the Economic Crisis: Foundations Assess the Impact and Their Response
    Published by the Foundation Center, November 2010
    PDF, 323 KB
    Giving by U.S. foundations is poised for modest overall growth in 2011, after remaining flat in 2010—but it may take several years for giving to match the peak level recorded in 2008. This research advisory also found that, among the foundations that made changes to operations or grantmaking priorities as a result of the economic crisis, few expect those changes to persist long-term.
  • Giving in Numbers: 2010 Edition
    Published by the Committee Encouraging Corporate Philanthropy, October 2010
    PDF, 1.4 MB

    Based on corporate contributions data from over 170 leading companies, including 61 of the Fortune 100, this edition of Giving in Numbers found that giving fell at 59 percent of companies in 2009, with 40 percent of companies decreasing by 10 percent or more. In contrast, aggregate corporate giving in CECP's year-over-year matched set of 95 companies rose in 2009 to $9.93 billion, up 7 percent from 2008 and reaching the highest value in four years—largely attributable to corporate mergers resulting in combined giving budgets and increased donations of medicine by pharmaceutical companies.
  • Energy Democracy: Community Scale Green Energy Solutions
    Published by the Center for Social Inclusion, April 2010
    This report argues that addressing the question of race is key to building a stronger and "greener" American economy and concludes that community-owned or controlled renewable energy and small-scale electricity production strengthens communities of color and provides benefits to the nation at large. Energy Democracy outlines key inequities and solutions in U.S. energy policy, identifies policy areas that must be addressed to encourage innovation in local energy production, and provides a blueprint to explore a better way to secure energy needs while building equity and wealth community by community.
  • Foundation Growth and Giving Estimates (2010 Edition)
    Published by the Foundation Center, April 2010
    PDF, 1.15 MB

    According to the latest edition of this Foundation Center report, the recent economic crisis caused the nation's more than 75,000 grantmaking foundations to cut their 2009 giving by an estimated 8.4 percent—by far the largest decline ever tracked by the Center—but this cutback totaled less than half the 17 percent loss in foundation assets recorded in the prior year.
  • Rethinking the Management of Foundation Endowments
    Published by The Commonwealth Fund, March 2010
    PDF, 643 KB

    This report by John Craig, Executive Vice President and Chief Operating Officer of the Fund, analyzes the effects of recent financial turmoil on foundation endowments thus far, offers lessons from the current economic crisis and earlier ones that could help boards and investment committees responsible for foundation endowments avoid mistakes going forward, and examines alternative models available to foundations for managing their endowments.
  • 2010 Outlook Report
    Published by Minnesota Council on Foundations, January 2010
    To assess the outlook for grantmaking in Minnesota in 2010, MCF conducted its 2010 Outlook Report survey in October and November of 2009. The survey asked MCF members and other large grantmakers in the state to predict how their 2010 giving will compare to 2009. At a time of diminished public and private resources, the outlook for grantmakers and the nonprofit community remains challenging. Overall, grantmaking is estimated to decrease by approximately 1 percent in 2010 compared to 2009.
  • Foundations’ Year-end Outlook for Giving and the Sector
    Published by the Foundation Center, November 2009
    PDF, 949 KB

    According to this new research advisory from the Foundation Center, foundation giving will likely decline by more than 10 percent in 2009, and will also decline further in 2010. Despite reduced resources, more than three-quarters of the respondents to the Foundation Center's survey expect that the field of philanthropy will become more strategic as a result of having weathered the crisis.
  • On the Money: A Review of Key Financial Challenges Facing Nonprofits Today – and How Grantmakers Can Help (Executive Summary)
    Published by Grantmakers for Effective Organizations (GEO), September 2009
    PDF, 86 KB

    This publication marks an attempt by GEO to better understand and communicate the financial challenges nonprofits face, the ways in which grantmakers are both improving the situation and perpetuating the problem, and the areas where knowledge and practice need further development. (The full report is free for GEO members or can be purchased at their website.)
  • The Nursing Workforce Challenge: Public Policy for a Dynamic and Complex Market
    Published by the Urban Institute and the Jonas Center for Nursing Excellence, August 2009
    PDF, 711 KB
    This new report sheds light on the continuing nursing shortage, from the economy’s impact on the workforce to the educational pipeline, with recommendations on policies and interventions needed to respond to this critical element of the healthcare crisis. A key recommendation from the report (which arrives as policymakers and healthcare systems look to nurses to help improve quality of and access to care while holding down costs) is that nurses must be constructively involved in shaping the future of healthcare.
  • The Foundation and Corporate Response to the Economic Crisis: An Update
    Published by the Foundation Center, July 2009
    PDF, 165 KB

    This follow up to the Center's previous reports on the response of foundations and corporate funders to the economic crisis indicates that, since January 2009, crisis-related grants and program-related investments have increased from $117 million to $322 million, and the number of funders providing crisis-related assistance grew from 50 to 139 over the same timespan.
  • Corporate Philanthropy 2008: Data Trends and the Changing Economy
    Published by the Committee Encouraging Corporate Philanthropy, June 2, 2009
    PDF, 165 KB

    The preliminary findings in this Executive Summary, based upon data from CECP's Corporate Giving Standard (an online philanthropy measurement and benchmarking tool), show that while 68 percent of participating companies had a decline in corporate profits year-over-year, 53 percent increased their giving from 2007 to 2008—and, within that group, 27 percent raised their year-over-year giving by 10 percent or more.
  • Minnesota Council on Foundations: Special Update to 2009 Outlook Report
    June 2009
    This special update to MCF’s January 2009 Outlook Report assesses how grantmakers in Minnesota have been affected by the economic downturn and how they anticipate responding to community needs. Conducted in partnership with the Council on Foundations, the survey results confirm that many grantmakers in the state anticipate further declines in giving for the remainder of 2009. Despite these findings, Minnesota’s grantmakers are faring somewhat better than grantmakers nationwide.
  • Smarter Grantmaking in Challenging Times: Insights for Foundation Leaders
    Published by Grantmakers for Effective Organizations, May 2009
    PDF, 730 KB

    This briefing is based on conversations with grantmakers nationwide and provides concrete strategies and considerations to guide decisions about how best to support grantees in the current economic climate.
  • Foundations Respond to the Needs of Families Even as Their Assets Have Declined
    Published by the Council on Foundations, May 6, 2009
    PDF, 150 KB

    With the U.S. economy still in a deep recession, foundations are still meeting the needs of those adversely affected by the economic downturn even as their assets decline, according to a new report released by CoF at their 60th Annual Conference in Atlanta.
  • Patterns of Singularity: The Motivations of Independent Jewish Funders in Times of Economic Distress
    Published by the Andrea and Charles Bronfman Philanthropies and the Charles H. Revson Foundation, April 2009
    PDF, 3.6 MB

    This report, based on a survey of nearly two hundred donors and foundation leaders, examines the motivations and practices of Jewish funders during the economic downturn.
  • Foundations Address the Impact of the Economic Crisis
    April 2009
    According to the latest research advisory from the Foundation Center (funded in part by the Wallace Foundation), nearly two-thirds of surveyed foundations expect to reduce the number or the size of grants they award in 2009.
  • Foundation Growth and Giving Estimates, Current Outlook (2009 Edition)
    Published by the Foundation Center, March 2009
    PDF, 1.1 MB

    According to this new report, in the midst of a deepening economic crisis, U.S. grantmaking foundations increased their giving 2.8 percent in 2008 to an estimated $45.6 billion. While giving increased modestly, it did not grow as much as expected, due to the extreme nature of the economic downturn. Over 67 percent of foundations surveyed said they expect to reduce their 2009 giving.
  • New Financial Realities: The Response of Private Foundations
    March 2009, PDF, 1.2 MB
    This new essay from John E. Craig, Jr., Executive Vice President and COO at The Commonwealth Fund, surveys the impact the ongoing economic crisis has had on private foundations, offers lessons on endowment management that they might take from it, and discusses implications for foundations' spending and programmatic strategies.
  • Making Informed Decisions in Uncertain Times: Helping Community Foundations during Economic Volatility
    Published by Community Foundation Insights and FSG Social Impact Advisors, November 2008
    PDF, 560 KB

    This white paper discusses key findings from a recent study to identify strategies and recommendations for community foundations coping with the current economic environment. A webinar on the findings is also available.
  • MapShot: Foundations Respond to the Economic Crisis
    This interactive map from The Foundation Center is linked to data on U.S. foundation giving in response to the economic downturn. It displays the data by state, county, city, ZIP code, and congressional district and includes information on more than $56 million in foundation support.