Year-over-Year Giving to Foundations
Overall giving has increased 9% since 2016 and giving to foundations has grown 5% over the same three-year time period.1 Blackbaud estimates that in 2018, giving to foundations increased by 2.4% compared to 2017. We expect these trends to continue, as giving to foundations and donor-advised funds (DAFs) grow in response to changes in supporter preferences and incentives.
Year-over-Year Giving by Foundations
According to Giving USA, giving by foundations totaled $75.86 billion in 2018, which represented 18% of all charitable giving.2 2018 figures increased by 7.3% compared to 2017 and included grantmaking by independent, community, and operating foundations.
2 2019, Giving USA, Giving USA 2019: The Annual Report on Philanthropy for the Year 2018
Year-over-Year Giving by Foundation Type
And, according to Giving USA, giving by independent foundations—a type of private foundation usually founded by a family, individual, or group of individuals—gave the highest amount in 2018, granting 71.2% of all foundation-issued dollars and increased giving by 7.2% year over year. Operating foundations, which use most of their income to operate their own programs, issued 15.3% of all foundation-issued dollars and increased their giving by 4.9% compared to 2017. Community foundations, which are comprised of community leaders that make grants for local programs only, gave the remaining 13.4% of 2018 dollars—an increase of 10.2% compared to 2017.