Nearly a Quarter of Foundation Giving Goes to Education
As the U.S. economy boomed last year, education remained the favorite cause of philanthropists, garnering one-quarter of all grant dollars given by the country's largest foundations, a report shows.
An analysis of the giving patterns of private and community foundations, performed by the New York City-based Foundation Center, showed a total of $2.8 billion in grants to precollegiate and higher education, an increase of 19.2 percent over the previous year.
The report issued last week, "Foundation Giving Trends," examines grants reported to the nonprofit research center between June 1999 and July 2000. While the grants were awarded in 1998 and 1999, the report refers to the...
This article is available to subscribers only.
To keep reading this article and more, subscribe now or purchase this article.
Already have an account? Please login.
Subscribe to Education Week and Save
Get a full year and save up to 45%!
Most Popular Stories
Viewed
Emailed
Recommended
Commented
- K-8 Principal
- EdVantages/Performance Academies, Detroit, MI
- Principals
- Prince George's County Public Schools, MD
- Elementary School Teacher
- Success Academy Charter Schools, New York, NY
- Superintendent
- Pinellas County Schools, Pinellas County, FL
- 2 Positions -Associate Superintendent and Chief Academic Officer, and Director of Human of Resources
- Washington County Public Schools, Hagerstown, MD
