Nearly 90 percent of the community foundations included in this year’s sample ended 2023 with a year over year increase in assets over 2022 totals, largely due to positive investment returns across the field in an economic climate seeing some recovery following the worst of the pandemic.

The findings presented in this snapshot are based on data collected from 612 community foundations, reflecting their activity in fiscal year 2023. The data are sourced from CF Insights Annual Survey responses submitted by community foundations across the U.S. which inform deeper analyses of their operations, and complemented by publicly available financial statements, including 990s, to provide a more comprehensive look at high-level growth trends. Sample sizes for individual data points are noted throughout this snapshot report.