Business
Foundations Give Record $40.7 Billion
Posted 2007-08-08T10:09:57+00:00 - Updated 2007-08-08T10:09:57+00:00
The 71,000 grantmaking foundations in the U.S. gave away an estimated $40.7 billion last year, up 11.7 percent over 2005 for a second straight double-digit rise, a new study says.
For details, see the Philanthropy Journal report.