Nearly half of all respondents experienced a moderate or dramatic decrease in fundraising (defined as a decrease of 10 or more percent) from 2021 levels, and the median community foundation experienced a one percent year over year reduction in fundraising.
The table below reflects the long-term growth in assets, gifts, and grants among the largest 100 community foundations in the country, whose data are available for all 10 years represented. The collective asset total for this group decreased by 10 percent from 2021, a reflection of the overall field and of a volatile economic climate. Notably, this cohort’s collective fundraising total decreased by 21 percent following a significant jump, while grantmaking among this group increased by 17 percent, continuing a long-term trend of continued growth in giving by community foundations.
The Council on Foundations and Independent Sector filed an amicus brief on December 12 in support of Fearless Foundation. We filed the brief because we believe that foundations, charitable nonprofits, philanthropic organizations, and individuals have the right to exercise their views through giving, as protected by the First Amendment. That includes critical efforts to support historically marginalized groups. Join us to learn more about the case, its potential impact to the charitable sector, and why the Council and Independent Sector filed an amicus brief.
