Foundation Growth and Giving Estimates
Current Outlook: 2009 Edition
2008, 13 pages. Foundation Center, 79 Fifth Avenue, New York, NY, 10003, 212-620-4230, www.foundationcenter.org
The findings in this report, based on the Foundation Center's latest survey, suggest that in 2009 foundation giving will decrease in the range of the high single digits to low double digits, even though estimated foundation assets declined a far greater 21.9 percent in 2008. Most respondents (67.1 percent) say they expect to reduce their 2009 giving to at least some extent, with community foundations being most likely to anticipate a decrease.
Giving projections for 2008 and 2009 reported in this report are based on responses to the Foundation Center's 2009 “Foundation Giving Forecast Survey” from 1,225 large and mid-size foundations across the country, combined with year-end economic indicators. Final giving figures for 2008 will be available in early 2010.
Foundation Growth and Giving Estimates also presents findings based on actual 2007 giving and assets tracked by the Foundation Center for the more than 75,000 independent, corporate, community, and grantmaking operating foundations in the United States.