US survey shows grantmaking fell 8.4% in 2009

 In Arts management, fund-development

The Non-profit Times reports that during 2009 the amount of grants awarded by 75,000 foundations across the USA fell 8.4 % from the prior year. This despite foundations cutting costs of their own operations. The article predicts that US foundation giving will remain flat at the current level for the foreseeable future.

Bread and Roses Life, L. Rogers
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