KEY FACTS ON COMMUNITY...

6
Outlook for Community Foundation Giving Estimated giving by U.S. community foundations was basically unchanged in 2011, following a less than 1 percent increase in 2010. Community foundation giving has remained flat for the last three years, hovering at roughly $4.2 billion.¹ Prior to the recent recession, community foundations typically reported faster rates of annual growth in giving than independent or corporate foundations. While it may appear that this trend has reversed in the past couple of years, in reality many community foundations are reporting growth in funding. In fact, community foundations responding to the latest “Foundation Giving Forecast Survey” reported a median increase in 2011 giving of just over 5 percent. However, a handful of the largest community foundations reported substantial reductions, which kept overall giving flat. Community foundations may begin to show stronger overall growth in giving in 2012. According to the Foundation Center’s latest “Foundation Giving Forecast Survey,” close to half of community foundations (45 percent) anticipate increasing their giving this year. Of these foundations, more than two-fifths estimate giving increases of 10 percent or more. 1 For more details see S. Lawrence, Foundation Growth and Giving Estimates, The Foundation Center, New York, 2012. August 2012 KEY FACTS ON COMMUNITY FOUNDATIONS Estimated change in community foundation giving between 2010 and 2011 -0.1% Estimated giving by community foundations in 2011 $4.2 billion Number of grantmaking community foundations in 2010 734 Share of community foundations reporting more than $1 million in giving in 2010 44.3% Community foundation giving as a share of all foundation giving in 2010 9.2% Three out of five surveyed community foundations expect to increase giving or keep it the same in 2012 Note: A total of 1,077 foundations responded to this question. The “Foundation Giving Forecast Survey” was conducted in January 2012. 0% 20% 40% 60% 80% 44% Increase 42% Increase 53% Increase 45% Increase 18% No Change 19% No Change 16% No Change 15% No Change 39% Decrease 39% Decrease 31% Decrease 40% Decrease Percent of Number of Foundations 100%

Transcript of KEY FACTS ON COMMUNITY...

0%

20%

40%

60%

80% 44%Increase

42%Increase 53%

Increase

45%Increase

18%No Change

19%No Change 16%

No Change

15%No Change

39%Decrease

39%Decrease 31%

Decrease

40%Decrease

Percent of Number of Foundations

100%

Outlook for Community Foundation GivingEstimated giving by U.S. community foundations was basically unchanged in 2011, following a less than 1 percent increase in 2010. Communityfoundation giving has remained flat for the last three years, hovering at roughly $4.2 billion.¹

Prior to the recent recession, community foundations typically reported fasterrates of annual growth in giving than independent or corporate foundations.While it may appear that this trend has reversed in the past couple of years, inreality many community foundations are reporting growth in funding. In fact,community foundations responding to the latest “Foundation Giving ForecastSurvey” reported a median increase in 2011 giving of just over 5 percent.However, a handful of the largest community foundations reported substantialreductions, which kept overall giving flat.

Community foundations may begin to show stronger overall growth in givingin 2012. According to the Foundation Center’s latest “Foundation GivingForecast Survey,” close to half of community foundations (45 percent)anticipate increasing their giving this year. Of these foundations, more thantwo-fifths estimate giving increases of 10 percent or more.1For more details see S. Lawrence, Foundation Growth and Giving Estimates, The Foundation Center, New York, 2012.

August 2012

KEY FACTS ON COMMUNITY FOUNDATIONS

Estimated change in community

foundation givingbetween

2010 and 2011

-0.1%

Estimated giving by community

foundations in 2011

$4.2 billion

Number of grantmaking

community foundations in 2010

734

Share of communityfoundations reportingmore than $1 million

in giving in 2010

44.3%

Community foundation giving

as a shareof all foundation

giving in 2010

9.2%

Three out of five surveyed community foundations expect toincrease giving or keep it the same in 2012

Note: A total of 1,077 foundations responded to this question. The “Foundation Giving Forecast Survey” was conducted in January 2012.

0%

20%

40%

60%

80% 44%Increase

42%Increase 53%

Increase

45%Increase

18%No Change

19%No Change 16%

No Change

15%No Change

39%Decrease

39%Decrease 31%

Decrease

40%Decrease

Percent of Number of Foundations

100%

Percent Growth in Inflation-adjusted Dollars1

393%

190%

109%

CommunityIndependentCorporate

0%

100%

200%

300%

400%

500%

’90 ’91 ’92 ’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11

© 2012 The Foundation Center / Key Facts on Community Foundations / August 2012 2

Inflation-adjusted community foundation giving has increased nearly fivefold since 1990

Note: Figures estimated for 2011. ¹Percent change in constant 1990 dollars based on annual average Consumer Price Index, all urban consumers (Source: U.S. Department of Labor, Bureau of Labor Statistics, as of July 2012).

Accounting for inflation, community foundations reported the fastest cumulative growth in giving since 1990

Note: Figures estimated for 2011.¹Percent change in constant 1990 dollars based on annual average Consumer Price Index, all urban consumers (Source: U.S. Department of Labor, Bureau of Labor Statistics, as of July 2012).

Since 1990, community foundations have increased their share of overall foundation giving

Note: Figures estimated for 2011; due to rounding, figures may not add up.¹Excludes giving by corporate operating foundations.

$0.5

Dollars in Billions¹

Current Dollars

Constant Dollars

$0

$1

$2

$3

$4

$5

’11’10’09’08’07’06’05’04’03’02’01’00’99’98’97’96’95’94’93’92’91’90

$0.5 $0.5 $0.6 $0.6$0.7$0.6 $0.7$0.6

$0.8$0.7

$1.0$0.8

$1.2$1.0

$1.5$1.2

$1.8

$1.5

$2.2

$1.6

$2.4

$1.8

$2.5

$1.8

$2.5

$1.8

$2.9

$2.0

$3.2

$2.2

$3.6

$2.3

$4.3

$2.6

$4.5

$2.7

$4.2

$2.4

$4.2

$2.5

$4.2

$2.5

Community

Independent

Corporate¹

Operating

0%

20%

40%

60%

80%

’11’10’09’08’05’02’99’96’93’90

76%

8%

11%4%

77%

8%

12%3%

77%

7%

13%2%

78%

6%

14%1%

76%

6%

17%1%

69%

9%

11%

11%

72%

10%

10%

8%

72%

9%

10%

9%

71%

9%

11%

9%

Percent of Total Giving

100%

71%

9%

10%

9%

Compared to independent and corporate foundations,the larger community foundations included in theFoundation Center’s 2010 grants sample¹ were morelikely to provide funding for arts and culture,education, and religion. They were less likely toprovide funding for international affairs and publicaffairs/society benefit.

By target population group, community foundationgiving primarily benefited the economicallydisadvantaged and children and youth—consistentwith independent and corporate foundations. By typesof support, community foundations favored programsupport, followed by general operating support.

¹The Foundation Center’s 2010 grants sample database includes all of the grants of $10,000or more awarded by 1,330 of the largest U.S. foundations, including 128 communityfoundations. The overall sample accounted for roughly half of grant dollars awarded by themore than 76,000 grantmaking U.S. foundations.

Education and human services were the top priorities of community foundations in 2010

Note: Based on a sample of 128 larger community foundations. Due to rounding, figures maynot add up to 100 percent.¹Includes civil rights and social action, community improvement and development,philanthropy and voluntarism, and public affairs.²Includes 0.5 percent of community foundation grant dollars awarded for the social sciences.

Community Foundation Giving Patterns, 2010

Community foundations provided relatively larger shares of their funding to arts and culture, education, and religion in 2010

Note: Based on a sample of 1,330 larger foundations, including 128 larger community foundations. Due to rounding, figures may not add up to 100 percent.¹Includes civil rights and social action, community improvement and development, philanthropy and voluntarism, and public affairs.

© 2012 The Foundation Center / Key Facts on Community Foundations / August 2012 3

Education26%

Public Affairs/Society Benefit1

10%

Human Services21%

Arts & Culture13%

Other2

1%Environment& Animals

6%

Science & Technology3%

Religion4%

Percent of Grant Dollars

International Affairs,Development, & Peace

2%

Health14%

Percent of Grant Dollars

Arts & Culture

Education

Environment & Animals

Health

Human Services

International Affairs

Public Affairs/Society Benefit1

Science & Technology

Social Sciences

Religion

0%

20%

40%

60%

80%

100%

Independent Foundations Corporate Foundations COMMUNITY FOUNDATIONS

10%

24%

7%

24%

13%

4%

12%

3% 2%

12%

21%

4%

14%

23%

4%

20%

3%1%

.04%

.02%

13%

26%

6%

14%

21%

2%

10%

3%4%

1%

Community foundations prioritized giving for the economically disadvantaged and children and youth in 2010

Note: Based on a sample of 1,330 larger foundations, including 128 communityfoundations. Chart includes selected beneficiary groups representing at least 1 percentof community foundation grant dollars. Figures represent only grants awarded to groupsthat could be identified as serving specific populations or grants whose descriptionsspecified a benefit for a specific population. These figures do not reflect all givingbenefiting these groups. In addition, grants may benefit multiple population groups, e.g., a grant for homeless children, and would therefore be counted more than once.

Community foundations allocated a larger shareof their grant dollars for operating support thandid foundations overall in 2010

Note: Based on a sample of 1,330 larger foundations, including 128 community foundations.Approximately 40 percent of community foundation grant dollars could not be identified bytype of support.¹Includes endowment funds.

Summary 2010 Statistics for Community Foundations

© 2012 The Foundation Center / Key Facts on Community Foundations / August 2012 4

Community foundation giving representedabout one-tenth of total foundation giving in 2010

Note: Based on total giving by 76,610 grantmaking private and communityfoundations.¹Excludes giving by corporate operating foundations.

Change in Community Foundations, 2009 to 2010

2009 2010 % Change

No. of Foundations 737 734 -0.4

Total Giving $ 4,174,413 $ 4,213,390 0.9

Total Assets $49,491,219 $55,555,918 12.3

Gifts Received $ 4,814,379 $ 4,751,748 -1.3Note: Dollars in thousands.

Community Foundation Giving Patterns, 2010, continued

Independent$32.5 billion

71%Corporate¹$4.9 billion

11%

Community$4.2 billion

9%

Operating$4.3 billion

9%

Total Giving = $45.9 billion

EconomicallyDisadvantaged

Children & Youth

Ethnic or RacialMinorities

Women & Girls

People withDisabilities

Men & Boys

Aging/Elderly/Senior Citizens

Crime or AbuseVictims

Immigrants & Refugees

Community Foundations

All Foundations

0% 5% 10% 15% 20% 25% 30%

Percent of Grant Dollars

Program Support

General/OperatingSupport

Capital Support1

Student Aid

Research

Community Foundations

All Foundations

0% 10% 20% 30% 40% 50% 60%

Percent of Grant Dollars

© 2012 The Foundation Center / Key Facts on Community Foundations / August 2012 5

Close to half of community foundations reported $1 million or more in giving in 2010

Note: Based on total giving by 734 grantmaking community foundations. Due to rounding,figures may not add up to 100 percent.

Well over half of community foundations reported$10 million or more in assets in 2010

Note: Based on 734 grantmaking community foundations. Due to rounding, figures may not addup to 100 percent.

Top 25 Community Foundations by Total Giving, 2010

Note: The Foundation For The Carolinas and Oregon Community Foundation were omitted from the list because updated fiscal information was not available at the timeof publication. Their giving in 2009 was $89.9 million and $60.7 million, respectively. 1Includes grants, scholarships, and employee matching gifts; excludes set-asides, loans, PRIs, and program expenses.

Summary 2010 Statistics for Community Foundations, continued

Percent of Number of Foundations

33%

5%

15%

25%

6%6% 10%

Total Giving Range

Percent of Number of Foundations

18%19%

33% 16%

2%

5%9%

Asset Range

Foundation Name State Total Giving1 Assets Gifts Received Fiscal Date

1. Greater Kansas City Community Foundation MO $251,886,514 $1,189,480,459 $213,227,522 12/31/2010

2. Silicon Valley Community Foundation CA 228,399,000 1,830,140,000 155,525,000 12/31/2010

3. New York Community Trust NY 140,835,396 1,877,885,562 106,535,663 12/31/2010

4. Chicago Community Trust IL 130,513,816 1,595,765,501 89,038,445 9/30/2010

5. California Community Foundation CA 117,608,000 1,242,402,000 106,597,000 6/30/2011

6. Community Foundation for Greater Atlanta GA 99,000,534 741,108,064 138,352,721 12/31/2010

7. Columbus Foundation and Affi liated Organizations OH 96,119,215 1,061,039,486 109,087,479 12/31/2010

8. Cleveland Foundation OH 94,560,803 1,888,630,534 40,561,975 12/31/2010

9. Tulsa Community Foundation OK 93,524,000 4,022,451,000 91,656,000 12/31/2010

10. Omaha Community Foundation NE 86,420,901 606,014,771 137,181,546 12/31/2010

11. San Francisco Foundation CA 82,473,000 1,101,069,000 56,712,000 6/30/2011

12. Boston Foundation MA 77,521,000 859,510,000 81,215,000 6/30/2011

13. Denver Foundation CO 69,012,161 576,008,818 51,352,704 12/31/2010

14. East Bay Community Foundation CA 67,463,000 369,800,000 29,300,000 6/30/2011

15. Community Foundation for National Capital Region DC 62,969,894 368,358,325 55,381,316 3/31/2011

16. Greater Cincinnati Foundation OH 62,620,127 443,097,111 62,296,825 12/31/2010

17. Marin Community Foundation CA 57,484,094 1,207,464,129 81,282,665 6/30/2011

18. Communities Foundation of Texas TX 55,784,000 769,107,000 30,235,000 6/30/2011

19. Community Foundation for Southeast Michigan MI 55,208,050 600,483,119 37,562,500 12/31/2010

20. Seattle Foundation WA 52,117,881 663,201,900 64,883,181 12/31/2010

21. Greater Houston Community Foundation TX 46,325,575 296,571,854 68,538,944 12/31/2010

22. Saint Paul Foundation MN 46,065,048 702,560,293 48,515,216 12/31/2010

23. Minneapolis Foundation MN 45,193,056 625,399,567 51,307,178 3/31/2011

24. Community Foundation of Middle Tennessee TN 44,664,210 412,697,685 55,708,035 12/31/2010

25. Pittsburgh Foundation PA 41,545,328 821,409,075 72,360,620 12/31/2010

Source for all data: The Foundation Center

For more information contact Reina Mukai at(212) 807-2467 or [email protected]. “Key Facts on Community Foundations” isavailable at foundationcenter.org.

79 Fifth Avenue � New York, NY 10003

foundationcenter.org � (212) 620-4230

Community Foundations by State, 2010

¹Number of community foundations includes one foundation located in Puerto Rico and one in the Virgin Islands.

The Midwest accounted for close to half of community foundations in 2010

Note: Giving includes grants, scholarships, and employee matching gifts; excludes set-asides,loans, PRIs, and program expenses.

Summary 2010 Statistics for Community Foundations, continued

Total Community Foundations1 = 734

20+ 10–under 20 5–under 10 Under 5

0%

20%

40%

60%

80%

100%

47%Midwest

23%South

17%West

13%Northeast

34%Midwest

28%South

24%West

14%Northeast

Number of Foundations =734

Total Giving =$4.2 billion