Foundation Endowments Gain 13.7% Return
The endowments of the nation’s private and community foundations achieved an average 13.7-percent gain on their investments last year, according to an annual survey by the Commonfund Institute. Endowments of charitable institutions gained an average of 13 percent, the report said. Both returns were…
By Regina Nuzzo
Contributor
Corporate Gifts Rose 4.7% Last Year
Corporations increased their giving by a median of 4.7 percent last year, say preliminary findings from a new study. The median value of company contributions last year was nearly $33.3-million, which means half the companies gave less than that amount and half gave more. The growth, fueled mostly…
By Regina Nuzzo
Contributor
Charity Donors Don’t Necessarily Give to Political Groups
People who give primarily to charities are more likely to see nonprofit groups, not political candidates, as agents of change on important issues, a new study has found. The study, by the Women’s Campaign Forum Foundation, in Washington, found that only 22 percent of women who regularly give to…
By Regina Nuzzo
Contributor
Nonprofit Endowments Achieved Big Gains, Report Says
Foundation and charity endowments grew quickly last year
By Regina Nuzzo
Contributor
Arts Organizations Produce $166-Billion in Revenue
Nonprofit arts groups helped to produce $166.2-billion in economic activity in 2005, growing by 11 percent in inflation-adjusted dollars from five years before, says a new report. Spending by arts and culture organizations themselves amounted to $63.1-billion, a 4-percent increase from 2000.…
By Regina Nuzzo
Contributor