Welcome to Charity Navigator's Blog!

The team from Charity Navigator, the nation's largest independent charity evaluator and leading donor advocate, shares their thoughts on emerging nonprofit-sector issues and offers tips to better inform your intelligent giving decisions.

Find a charity to support today

Monday, October 26, 2009

Community Foundations Lost Value Last Year

The Council on Foundations recently reported that assets held by community foundations decreased in value by 27% in 2008. This is a significant shift for these grant makers, as the previous five years showed positive returns. This is certainly not surprising in light of the economic downturn; on a positive note, many foundations are already reporting gains of at least 15% in 2009. The findings come from a survey of 200 community foundations with assets of at least $5 million, representing more than half of such grant makers in the country.
To view the ratings of community foundations evaluated by Charity Navigator, click here.

As a 501 (c) (3) organization itself, Charity Navigator depends on public support to help donors make informed choices. Please consider investing in the future of Charity Navigator by making a donation today.  Donate now >>

No comments: