Foundations Decrease Giving in 2012

Here-4-You Consulting » Foundations Decrease Giving in 2012: In the annual study of foundations by the Chronicle of Philanthropy the results show that most U.S. foundations will decrease or flat-line their giving in 2012. Many foundations are blaming the instability of the stock market for negatively impacting their endowments. The study shows that about $1 in $4 of foundation assets have been lost to ’08 crisis. The recovery of these assets will take approximately 3 years longer is the prediction at Commonfund, a firm which administers foundation endowments.

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