Fundraising and grantmaking per capita tend to correlate with asset size. Larger community foundations in more densely populated urban centers often serve higher concentrations of high net worth donors, achieving an economy of scale. (n=441)
Nearly 94% of the community foundations included in this snapshot ended FY24 with a year-over-year increase in assets over FY23 totals, owed to a combination of strong fundraising performances field-wide, and a second straight year of broadly positive investment returns. Grantmaking also rose for many, with nearly two-thirds increasing their funding totals over the previous year. (n=425)
This snapshot reflects data from 445 community foundations across the U.S. for fiscal year 2024 (FY24). Findings are based on responses to the CF Insights Annual Survey and supplemented with public financial statements for a more comprehensive view of high-level growth trends.
The Council extends our thanks to the community foundations that participated in our survey, the Indiana Philanthropy Alliance and its members for contributing their survey data, and Candid for sharing additional 990 data.
This peer space is curated for foundation staff that manage and lead scholarship programs, designed to be informal, peer-led conversations with fellow foundation staff (of all types) to share best practices and explore common challenges in scholarship programs. Whether you are new to managing scholarships or have years of experience, you’ll gain fresh ideas and build relationships with colleagues.
