Close to Two-thirds of Foundations Expect to Reduce Their Grants in 2009
Funders Will Rely More on Non-grantmaking Activities to Achieve Goals,
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About the Survey
In January 2009, the Foundation Center mailed its annual "Foundation Giving Forecast Survey" to approximately 5,000 large and mid-size U.S. independent, corporate, and community foundations. The survey included questions on foundations' giving and assets in 2008, the outlook for giving in 2009 and 2010, and how foundations are responding to the economic downturn. A total of 1,243 foundations provided usable responses.
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