Foundation Funding Trends and Areas of Interest
|May 30, 2013||Posted by M. P. under Management, Philanthropy, Research||
Trends in large foundation giving are looking optimistic based on research from the National Committee on Responsive Philanthropy (NCRP), particularly in support for core operations and funding for programs aimed at underserved communities. The NCRP’s recently released Philanthropic Landscape 2011 series gives grantmakers and grantees alike a picture of whom is giving what where, and in which areas of interest.
According to the brief, The State of Giving to Underserved Communities 2011, by Niki Jagpal and Kevin Laskowski, foundations reported over $10 billion in grants for the elderly, women and girls, economically disadvantaged communities and ethnic or racial minorities in 2011. Key takeaways:
- The percentage of foundation funding reported to benefit underserved groups or areas increased to 42 percent in 2011 from 40 percent during 2008 – 2010.
- In 2011, one in five grantmakers (22 percent) was giving 50 percent or more of grant dollars to benefit underserved communities.
- Foundations in the western United States were more likely to fund underserved communities/marginalized groups (60 percent, although without the Bill and Melinda Gates Foundation it drops to 30 percent), followed by the Northeast 35 percent, the Midwest 34 percent and the South 25 percent.
- Not including the Bill and Melinda Gates Foundation, Independent foundations, Corporate foundations and Operating foundations were more likely to give to underserved communities or groups in 2011.
Philanthropic Landscape 2011 includes reports on trends in general operating and multi-year funding – all available at the NCRP website.