A Report on Foundation Giving in Los Angeles
April 20, 2006 | Read Time: 1 minute
NEW BOOKS
Foundations for Los Angeles?: An Analysis of the Scale, Scope and Reach of Foundation Philanthropy in Los Angeles County, by James M. Ferris, Rachel Potter, and Michael Tuerpe, examines the Los Angeles charities that received grant money from local foundations from 1992 to 2002. The report found that assets at the foundations doubled in that time, but that groups in and around the city did not benefit from all the new money flowing into foundations. The 48 Los Angeles grant makers in the study gave away $667-million in 2002, but only 41 percent of those grant dollars were awarded to nonprofit organizations in and around Los Angeles.
Publisher: Center on Philanthropy and Public Policy, University of Southern California, Lewis Hall, Room 210, Los Angeles, Calif. 90089; (213) 740-9492; fax (213) 740-0001; cppp@usc.edu; http://www.usc.edu/philanthropy; 63 pages; available free for download on the organization’s Web site.