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"Foundation growth seemed like an unstoppable train for the last decade, but the brakes have been hit".
Although the media has tended to focus on the slow rate of foundation growth as a sign of diminishing popularity, the fact remains that private foundations are the most prominent and influential charitable giving vehicles in the philanthropic sector, giving out over $30 billion in 2009 and managing over $580 billion in assets.
Yet according to Foundation Growth and Giving Estimates (2010 Edition), released today by the Foundation Center, this cutback totaled less than half the 17percentt loss in foundation assets recorded in the prior year.
Foundation growth during the years in which the DeMarche study was conducted was so robust that the researchers acknowledged that foundations could have increased their payout rates to 6.5percentt with minimal to no impact on their corpuses.
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That's why Democrats have rolled out a budget scheme called the "Foundation for Growth," and the Republican National Committee called its 100-page party reboot plan the "Growth and Opportunity Project".
2009 inauguration: We will lay a new foundation for growth.
In Taiwan, semiconductor manufacturing has long been a foundation of growth.
"Over time, value stocks provide a more solid foundation," than growth stocks, he said.
His outstanding leadership contributed greatly to the foundation's growth, both locally and nationally.
"This lays a solid foundation for growth into the long term".
"The euro is the foundation for growth and prosperity" in the European Union.
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CEO of Professional Science Editing for Scientists @ prosciediting.com