Foundation Giving Held Steady in 2010
Modest Growth Likely in 2011 and 2012, Despite Lag in AssetsNew York, NY — April 7, 2011. The country's more than 76,000 grantmaking foundations gave an estimated $45.7 billion in 2010, virtually unchanged from 2009. According to Foundation Growth and Giving Estimates (2011 Edition), released today by the Foundation Center, 2010 giving 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.