December 11, 2008
Report Estimates Extended Benefits of Every Foundation Dollar Spent
Giving by foundations supports the economy of the United States, with $1 of every philanthropic contribution producing more than $8 in economic benefits, says a new study.
While the social effects of foundation giving are often examined, the study is the first extensive look at how philanthropy helps household incomes and the economy, says its sponsor, the Philanthropic Collaborative.
The collaborative is a new coalition of grant makers, charities, and elected officials, with a
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
Get more great stories about the nonprofit world delivered to your inbox every weekday. 
