The table below shows long-term trends in total assets, gifts, and grants among the largest 100 community foundations in the country who together manage nearly 85% of the total assets within the broader sample. Among this group, assets grew by 10% and gifts jumped over 20% (the first increase in three years), while grants fell about 9% to roughly $14.8B due to significant decreases at a small number of community foundations. (n=100)
Median change in grants: 9%
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)
Median change in assets: 11%
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)