Private Foundation Assets Up 48 Percent Since Recession, Report Finds

According to Robert Chartener, CEO of Foundation Source, "Private foundations have philanthropic commitments that depend on reliable investment returns. At no time has the pressure on their financial advisors to meet this challenge been greater than during this economically turbulent span of time. Our new report shows how our clients, together with their financial advisors, capitalized on improving markets these last few years, revealing in the process some noteworthy trends in investing."