Thursday, February 23, 2012

Small Foundations Ratcheted Up Giving in 2011 - TheNonProfitTimes

Small Foundations Ratcheted Up Giving in 2011 - TheNonProfitTimes: Small to mid-size private foundations in general gave more than twice the 5 percent minimum distribution requirement, with the smallest foundations giving away significantly more during 2011.

Private foundations with less than $10 million in assets increased giving by 20.6 percent compared to 2010, whereas foundations with assets between $10 million and $50 million scaled back their giving by 7.8 percent from 2010.

The nation’s smallest foundations disbursed 58.4 percent of assets during 2011.

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