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  Press Release

FOR IMMEDIATE RELEASE

CONTACT:
Cheryl Loe
Communications Project Manager
The Foundation Center
(888) 356-0354 ext. 701
communications@foundationcenter.org

Steven Lawrence
Director of Research
The Foundation Center
(212) 807-2410
sal@foundationcenter.org

Growth of Giving by Corporate Foundations Surpasses Community Foundation Giving in 2011

New York, NY — August 30, 2012. The Foundation Center has released the new 2012 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:

  • Corporate foundation giving grew fastest across foundation types, increasing 6 percent in 2011
  • Community foundation giving remained basically unchanged in 2011

"Community foundations showed the fastest growth in foundation giving for many years," noted Steven Lawrence, director of research at the Foundation Center. "But in the aftermath of the economic crisis, it has been corporate foundations that have rebounded most quickly."

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 over 1,300 of the nation's largest foundations.

Also available is Key Facts on Family Foundations, which updates grantmaking and fiscal characteristics of family foundations through 2010. These reports can be downloaded at no charge at foundationcenter.org/gainknowledge.


About the Foundation Center
Established in 1956, 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 more than 470 funding information centers located in public libraries, community foundations, and educational institutions nationwide and around the world. For more information, please visit foundationcenter.org or call (212) 620-4230.

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