September 9, 1999 | Read Time: 2 minutes
Foundation Giving: Yearbook of Facts and Figures on Private, Corporate and Community Foundations, 1999 Edition
Edited by Loren Renz, Steven Lawrence, and John Kendzior
In 1997, the nation’s 44,146 grant-making foundations distributed
ALSO SEE:
Foundations Award More Big Grants
$2.2-billion more than they did the previous year — an increase of almost 13 per cent when adjusted for inflation, according to this report.
Those foundations also enjoyed a $62-billion jump in their collective assets, led by the growth of the Lilly Endowment, in Indianapolis. Lilly’s assets increased by $4.6-billion in 1997, making it the nation’s wealthiest grant maker that year.
This ninth edition of the Foundation Center’s annual roundup on giving focuses primarily on numbers from 1997. The figures are culled from informational tax returns and from the center’s own research on grant-making foundations.
Though exact data from 1998 are not yet available, the center estimates that the amount of paid grants last year increased 22 per cent from 1997. That estimate was derived from information provided by more than 1,000 large and mid-sized foundations.
The book offers analysis of recent trends in giving, such as an increase in the amount of money that went toward programs for children and youths and a slight drop in giving to minority-related causes. This year’s edition provides a more-detailed analysis of grant making than in recent years, taking into account grants to individuals, loans, and other investments that foundations make to charitable causes related to their missions.
Tables provide rankings of foundations and their grant recipients in several categories, such as by largest grants given and largest grants received. Pie charts break down the percentage of grant dollars and the number of grants awarded in areas such as the arts, education, and health. Graphs track the effects of inflation and other influences on giving over recent years.
Publisher: Foundation Center, Department NW44, 79 Fifth Avenue, New York 10003-3076; (212) 807-3690 or (800) 424-9836; fax (212) 807-3691; http://fdncenter.org; 155 pages; $24.95 plus $4.50 postage and handling; I.S.B.N. 0-87954-885-1; I.S.S.N. 1066-0445.
