Smaller, emerging, and growing community foundations typically carry more of their assets in endowed funds than larger peers as they look to grow and sustain themselves by maintaining a reliable source of administrative fee income. Larger community foundations will often move toward diversifying their product portfolios to engage current donors in different ways, while providing a suite of options for prospective donors who may seek the flexibility to spend their funds down at any time.

Median percentages may not add up to 100% due to rounding. (n=204)