WebWire� | Annual Survey of 600 U.S. Community Foundations Reports on Sector’s Growth

WebWire� | Annual Survey of 600 U.S. Community Foundations Reports on Sector’s Growth: "Annual Survey of 600 U.S. Community Foundations Reports on Sector’s Growth

Columbus Foundation
10/10/2005 9:56:59 AM

COLUMBUS, Ohio, Oct. 10 -- Gifts, grants, and assets of the community foundation field increased in 2004, according to the annual Columbus Foundation Survey of the Community Foundation Field, issued today. Overall, the community foundation field continues to experience gains in popularity as a preferred vehicle for charitable giving to communities large and small across America.

Community foundations make up one of the fastest growing sectors of philanthropy in the United States today. The survey of 636 U.S. community foundations reported a total of $4.2 billion in gifts received from donors, $3 billion in grants made to non-profit organizations, and growth in market value of assets to $39.4 billion."