healthgrants

Foundation Giving Shows Increase

In Major Foundations Making Grants in Health, Major Philanthropic Foundations on July 28, 2009 at 9:21 pm

The 2009 edition of “Foundation Giving Trends” reported an increase in foundation support for 8 of the 10 major subject areas rose in 2007, the most recent year reported.

The report, by the Foundation Center, analyzed grants of $10,000 or more awarded by over 1,300 private and community foundations.

Among other key findings in the report: 

  • Foundations awarded a record 188 grants of $10 million or more in 2007. Of the 10 largest, eight were made by the Gates Foundation, mainly for health-related activities and international development.
  • International giving — which cuts across all areas and includes grants awarded directly to overseas recipients and to U.S.-based international programs — reached a record 23.4 percent of total grant dollars awarded.
  • Among specific populations, the economically disadvantaged benefited from the largest share of grant dollars, rising to a record $5.3 billion.

Address: Foundation Center, 79 Fifth Avenue, New York, NY 10003; (212) 620-4230, www.foundationcenter.org.

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