FOUNDATION CENTER PROJECTS 10%+ DECLINE IN GIVING FOR 2009
Submitted by Tommer on November 13, 2009
Foundation giving will likely decline by more than 10 percent in 2009, closer to the higher end of the 8 to 13 percent range estimated by the Foundation Center earlier this year. According to September 2009 survey findings released today in Foundations’ Year-end Outlook for Giving and the Sector, foundation giving will also decline further in 2010, as previously predicted by the Center.