40% of Foundations Expect Giving to Drop in 2009, Chronicle Study Finds - Philanthropy.com

40% of Foundations Expect Giving to Drop in 2009, Chronicle Study Finds - Philanthropy.com: "40% of Foundations Expect Giving to Drop in 2009, Chronicle Study Finds

By Noelle Barton

Assets at the nation’s largest private foundations fell by a median of 28 percent from 2007 to 2008, and 40 percent of grant makers who participated in a new Chronicle survey say they expect giving to decline in 2009."