Tuesday, March 25, 2014

Foundation Assets Reach Highest Level Since Downturn - Foundation Survey - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Foundation Assets Reach Highest Level Since Downturn - Foundation Survey - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: A strong stock market helped boost the assets last year of the Gates, Hewlett, and other big foundations to their highest levels since the Great Recession gutted endowments six years ago, according to a new Chronicle survey.

Yet grant makers still aren’t as well off as they were before the downturn, and that continues to put a damper on their giving. What it’s not doing, though: crimping ambitious new grant-making efforts to deal with vexing problems.

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