Thursday, October 22, 2009

Northern California Grantmakers : Beyond Five Percent: The New Foundation Payout Menu: "Beyond Five Percent: The New Foundation Payout Menu
Executive Summary

The majority of US foundations are set up to exist in perpetuity. Most pay out, in grants and administrative costs, around 5% of their assets each year, the minimum required by US law. However, some donors and foundations, driven by their missions, have moved beyond the 'default' positions of perpetuity and 5% payout."

United Way study indicates one-third of region's non-profits could close

United Way study indicates one-third of region's non-profits could close: "The 2009 Non-Profit Pulse Survey results were released this week and it was reported that one-third of the region's non-profits may close operations in the next year due to lack of funding and resources. The annual survey conducted by the United Way of Central and Northeastern Connecticut looks at the fiscal health of the 1,900 non-profits in a 40 town region."

Southern or Midwestern, Geography Does Little to Influence Giving - Philanthropy.com

Southern or Midwestern, Geography Does Little to Influence Giving - Philanthropy.com: "Southern or Midwestern, Geography Does Little to Influence Giving

Money and education, not geography, influence why people give to charity, says a new study by the Center on Philanthropy at Indiana University.

The study, based on data from 10,000 households, found that people who make at least $100,000 a year are more likely to give because of an obligation to help others less fortunate, or a desire to improve the towns and cities in which they live."