Smaller, emerging, and growing community foundations tend have higher proportions of their assets in endowed funds. Larger community foundations, focused on diversifying their portfolios and providing flexible, specialized options for donors to engage in philanthropy in different ways, will also tend to have more pass-through funds that can be activated in full, any time.

Median percentages for the proportion of assets that are endowed and non-endowed may not add up to 100% due to rounding. (n=178)