Donor Base

Foundation giving decreased by 8.4% in 2009

According to a study International Grantmaking Update, A Snapshot of U.S. Foundation Trends prepared by the Council on Foundations, overall charitable giving by US foundations decreased by 8.4% in 2009 from 2008. The unprecedented decrease in giving was the product of the Great Recession, which caused foundations across the US to lose nearly 17 percent [...]

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Paul Allen, Co-founder of Microsoft donates half his fortune to charity

Paul Allen co-founded Microsoft with Bill Gates. On July 15th, Paul Allen announced that he will be giving away half of his fortune to philanthropy–an estimated $13.5 billion. This public commitment to giving has been sharpened by a recent project called, The Giving Pledge, by Mr. Gates and Warren E. Buffett, which calls upon the [...]

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China Foundation Center Hopes To Increase Transparency In Chinese Foundations

The China Foundation Center ( foundationcenter.org.cn/ ) was established to help create more transparency in Chinese foundations, as well as encourage more participation in philanthropy by making the activities of Chinese foundations’ activities more visibile to the public. This tool may help reduce the suspicion of mismanagement and even corruption within Chinese foundations. The archive [...]

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