Good Years for Foundations and Donor-Advised Funds
Author: Staff Editors.
Source: Volume 06, Number 05, July/August 2007 , pp.5-5(1)
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Abstract:
Two separate studies, by the Chronicle of Philanthropy and the Foundation Center, revealed that donor-advised funds and private foundations experienced record years in 2005 and 2006. The Foundation Center report found that foundation grants exceeded $40 billion last year, breaking the previous record of $36.4 billion set a year earlier.Keywords:
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