A columnist for the Chronicle of Philanthropy (and donor advisor) predicts foundation giving will drop next year due to the loss of assets, minimum asset distribution of 5%, and the fact that those who gave more than 5% in 2009 can apply that amount/percentage over 5% to 2010 distribution levels.

See http://philanthropy.com/news/prospecting/index.php?id=9646 for the full article.

What do you think? Do you think foundations will remain steady, dip due to the above prediction, or increase because of community need?

This entry was posted on Wednesday, September 30th, 2009 at 2:28 am and is filed under WealthEngine. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.