Year-over-Year Giving to Foundations
Blackbaud estimates that in 2020, giving to foundations increased just slightly, by 0.9% compared to 2019.1 We expect to see growth and change in this area, as avenues for giving like donor-advised funds (DAFs) expand in response to changes in supporter preferences and incentives.
Year-over-Year Giving by Foundations
According to Giving USA, giving by foundations totaled $75.69 billion in 2019, which represented 17% of all charitable giving.2 2019 figures increased by 2.5% compared to 2018 and included grantmaking by independent, community, and operating foundations.
2 2020, Giving USA, Giving USA 2020: The Annual Report on Philanthropy for the Year 2019
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 increased 2.2% in 2019 compared to 2018. Operating foundations, which use most of their income to operate their own programs, increased their giving by 1.3% compared to 2018. Community foundations, which are comprised of community leaders that make grants for local programs only, increased their giving by 5.6% in 2019.
In 2019, giving by family foundations totaled $34.79 billion. Giving by family foundations is estimated to be 46% of total foundation giving in 2019.