Foundation Center Releases Updates on
Corporate and Community Foundations
New York, NY — April 25, 2011. The Foundation Center has released the new 2011 editions of its essential fact sheets on corporate and community foundations. These brief reports provide critical statistics on the resources and giving priorities of these distinct types of U.S. grantmakers.
Key findings from the reports include:
"Community foundations were more affected by the recent economic downturn than corporate foundations," said Steven Lawrence, director of research at the Foundation Center. "Nonetheless, both corporate and community foundations provided critical resources during this difficult time."
- Corporate foundation giving remained nearly unchanged in 2010
- 2010 saw the first consecutive-year decline in community foundation giving recorded by the Center.
Findings presented in Key Facts on Corporate Foundations and Key Facts on Community Foundations come from the Foundation Center's tracking of fiscal and programmatic information on the nation's more than 76,000 grantmaking foundations; annual surveys of leading grantmakers; and analyses of the giving patterns of almost 1,400 of the nation's largest foundations.
Also available is Key Facts on Family Foundations, which updates grantmaking and fiscal characteristics of family foundations through 2009. These reports can be downloaded at no charge at foundationcenter.org/gainknowledge.
About the Foundation Center
Established in 1956 and today supported by close to 550 foundations, the Foundation Center is the leading source of information about philanthropy worldwide. Through data, analysis, and training, it connects people who want to change the world to the resources they need to succeed. The Center maintains the most comprehensive database on U.S. and, increasingly, global grantmakers and their grants — a robust, accessible knowledge bank for the sector. It also operates research, education, and training programs designed to advance knowledge of philanthropy at every level. Thousands of people visit the Center's web site each day and are served in its five regional library/learning centers and its network of 450 funding information centers located in public libraries, community foundations, and educational institutions nationwide and beyond. For more information, please visit foundationcenter.org or call (212) 620-4230.
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