New Analysis Details Outsized Impact of Small Foundations
- The foundations surveyed are lean operationally, spending just 14 cents in charitable operating costs for each dollar of grants awarded. One-quarter operate with no paid staff; of those who have paid staff, one-third have only one staff member.
- An estimated 158,000 grants were awarded by member foundations collectively, down from an estimated 203,000 a one year earlier. Median grant size among foundations surveyed increased from $15,415 to $19,116 during that time, suggesting that foundations are giving fewer grants but increasing grant size in an effort to maximize impact.
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