Foundation Giving Reaches Record $54.7-Billion, Report Says
The surging stock market boosted assets of many foundations and spurred creation of new charitable trusts, according to the Foundation Center.
By Drew Lindsay
Senior Editor, Special Projects
Foundation Support Is Crucial in Plan to Save Detroit’s Art and Pensions
A judge approves a bankruptcy plan heavily reliant on half a billion dollars in philanthropic support.
By Drew Lindsay
Senior Editor, Special Projects
Number and Assets of Charities Are Growing Rapidly, Study Says
About 963,000 charities existed in 2012, far more than the 743,000 operating in 2002. And during that time, their assets grew 43 percent, to $3-trillion.
By Drew Lindsay
Senior Editor, Special Projects