2012 Giving Climbs 9.1 Percent Among Super-Majority of U.S. Private Foundations

Foundation Source, a provider of support and advisory services for private foundations, released preliminary findings on 2012 giving activity by U.S. private foundations with endowments of less than $50 million. The aggregated data show that giving was up in 2012, both in dollar value and relative to the overall size of foundation assets. Foundations with assets of less than $50 million represent a super-majority (98 percent) of all private foundations in the United States.