Private Foundations Show Strong Recovery since the Great Recession
Submitted by SuJ'n on November 17, 2014
Foundation Source released a new report, Trends in Private Foundation Investment, on Friday showing that private foundations have overall experienced a strong recovery (up 48%) in asset balances since 2008. The report also finds that endowment gains differ between mid-sized to large foundations ($10M+) and smaller foundations (less than $1M). Assets of the larger foundations showed strong gains while small foundations' assets remained flat likely due to differing distribution behaviors. Nasdaq GlobeNewswire shares its summary of the full report.
Image from Foundation Source website.