Monday, April 04, 2005

Giving by Foundations Hits Record $32.4 Billion in '04

According to The New York Times -- based on a report to be released by the Foundation Center of New York -- an estimated $32.4 billion spilled out of the nation's roughly 66,000 independent, community and corporate foundations in 2004, compared with $30.3 billion in the prior year, a 4.1 percent increase when adjusted for inflation. The previous two years saw decreases in giving in the 2 percent range for each year.
read the article in The New York Times...

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