Foundation Source Private Foundation Index 2011 Preliminary Findings Released

Foundation Source, provider of management and advisory services for private foundations, released preliminary findings on 2011 U.S. private foundation activity. This data was compiled based on the actual grantmaking behavior of 719 private foundations with philanthropic assets under $50 million.

Initial findings include: In general, small to midsize private foundations gave more than twice their 5 percent minimum distribution requirement; private foundations with less than $10 million in assets increased giving by 20.6 percent over 2010; and foundations gave 40.6 percent more to arts and culture organizations than in 2010.