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Grants Grew by 17% Last Year
By HARVY LIPMANGrant making by the nation's foundations grew by an estimated 17.2 percent in 1999, slowing from a record 21.7 percent increase the year before, according to a new report by the Foundation Center.
Foundations gave an estimated $22.8-billion to non-profit organizations in 1999, up from $19.5-billion in 1998.
The report's 1999 figures are estimates based on a...