Foundation giving grew 8.1 percent in 2004, reversing two consecutive years of decline, a new study says.
The Foundation Center’s “Giving Trends Preview” provides findings from an analysis of the grantmaking activities of the largest private and community foundations in the U.S. between 2003 and 2004.
Education received the largest cut of foundation dollars, at 23 percent, followed by 22 percent for health, which grew faster than any other segment, the study says.
Domestic grantmaking accounted for more than eight in 10 dollars granted.
Community foundations’ top funding priorities were education and human services, which received 24 percent and 22 percent of grant dollars, respectively.
The full report, including a detailed analysis, will be available in February.