Foundation Giving Grew Modestly in 2008 But Declines Expected in 2009, According to New Foundation Center Report

Other key estimates for 2008 giving include:

* Independent and family foundations — which represent close to nine out of 10 foundations — increased their giving 2.5 percent to $33 billion in 2008.
* Corporate foundation giving held steady at $4.4 billion in 2008.
* Community foundation giving rose 6.7 percent to $4.6 billion in 2008, surpassing corporate foundations for the first time.