September 28, 2006
Grants to Help Charities Improve Operations Are on the Decline
Foundation grants to help charities improve the way they operate rose sharply from 1998 to 2002 and are now on the decline, according to a new report from the Human Interaction Research Institute, in Encino, Calif.
In 2004, more than $5.9-billion in such grants were awarded, down from $6.5-billion awarded by foundations in 2002. The 2004 figure, while down from two years earlier, was still significantly greater than the nearly $3.7-billion given out in 1998.
The report says
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