After Answering the Call for Emergency Pandemic Relief Aid in 2020, Private and Family Foundations Gave Even More in 2021
Summary
It found that after generously supporting acute needs in 2020, including pandemic relief and racial equity, foundations gave even more abundantly in 2021 as they continued to assist with recovery efforts, responded to natural disasters and humanitarian crises, and revisited their core pre-pandemic charitable missions. More than any other charitable giving vehicle, foundations are equipped with a powerful and versatile philanthropic toolkit for creatively solving problems and effecting change.” Among the key findings from the report: • Endowments grew — Private foundation endowments experienced double-digit growth in both 2020 and 2021, which is consistent with strong market performance and contribution rates, helping to set the stage for future giving. They’ve been there throughout, meeting the moment to address the most urgent needs and also pursuing longer-term missions to make the world a better place.” The full report can be viewed here. We offer purpose-built software applications and a configurable suite of tech-enabled administrative, compliance, tax and advisory solutions for private philanthropists and their foundations. We work with individuals, families, boards and professional advisors to bring philanthropic visions to life and make giving easier.
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