Unexpected Surge in Giving by Georgia Foundations
The Community Foundation for Greater Atlanta Led IncreaseNew York, NY — January 18, 2012. Giving by charitable foundations in Georgia grew an unexpected 7 percent in 2009 over the previous year, according to the Foundation Center's Key Facts on Georgia Foundations. This increase occurred despite modest growth in the assets of Georgia foundations and a slight decline in the number of the state's foundations during the same period. Overall giving rose to $874 million for the year, due in large part to a handful of key funders. The Community Foundation for Greater Atlanta led all other