Despite the economic recession, private foundations (PFs) led by individual donors and by families continue to form, grow and increase their grant making — in one way or another. Indeed, a recent analysis of the giving patterns of 700 Foundation Source clients revealed a nearly 15 percent increase in the number and value of grants of less than $1 million made in 2009. This runs counter to trends among large institutional PFs that have decreased their giving in the face of the economic
ARTICLE ACCESS REQUIRED
Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).
If you are interested in unlimited article access for one year, please select Annual Subscription below.