The NonProfitTimes - eNewsletter: "Grants From Foundations
Hit Record Level
Giving by the nation's 71,000 grant-making foundations increased to a record estimated $40.7 billion during 2006, an 11.7 percent gain from 2005 which had a 14.3 percent increase compared to 2004.
According to data released in the Foundation Growth and Giving Estimates: Current Outlook from the Foundation Center in New York City, U.S. foundations last reported consecutive years of double-digit growth in giving during the period 1996 to 2001. Looking ahead, grant-makers appeared optimistic about continued funding increases in 2007."