Amid Decline in Georgia Foundation Giving, the State's Grantmakers and Charities Agree on Future Funding Needs
General Operating Support Grants Rank as Highest PriorityAtlanta, GA — February 21, 2013. Georgia saw a decline in the number of its grantmaking foundations and their giving in 2010, according to the Foundation Center's Key Facts on Georgia Foundations. The dollar value of grants awarded by the state's foundations fell from $874 million to $778 million in 2010, and the number of active foundations shrank for the second straight year, from a high of 1,501 in 2008 to 1,433 in 2010. At the same time, assets of Georgia foundations rose 8.1 percent between 2009 and 2010 to $11.8 billion,