Sixty percent of foundations expect their giving this year to exceed budgeted 2020 levels, with an average increase of 17 percent, according to a new report examining how grant makers are responding to the health and economic crises.
About a quarter of 2020 giving will be related to Covid-19 and the recession it prompted, according to the report by Council on Foundations, Philanthropy California, and Dalberg Advisors.
The report is based on a nationwide survey of more than 250 community foundations, family foundations, corporate foundations, and other grant makers.
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