AP Wire | 12/25/2005 | Minnesota foundations increase giving, according to survey

AP Wire | 12/25/2005 | Minnesota foundations increase giving, according to survey: "Minnesota foundations increase giving, according to survey
Associated Press

MINNEAPOLIS - Minnesota's top foundations and corporate giving programs increased giving in 2004, according to the Minnesota Council on Foundations 2005 survey.

The state's 25 largest grantmaking foundations and corporate programs increased giving 13.4 percent. More than half of the $710.3 million granted by those groups stayed in Minnesota.

Private foundations increased grant giving the most, paying 26.2 percent more than in 2003. Corporate foundations and giving programs increased gifts 13 percent, and grants from community foundations decreased 8 percent."