Achieving Results | Good Giving
Feb 23, 2009
Foundations 101: A Primer on Grant-Making Institutions
ALEC Public Policy Forum Report by Sue Santa
While more than 75,000 foundations exist in the United States today, with over 6,500 new foundations having been established in 2008 alone (source: The Foundation Center), when asked, 56 percent of influential Americans were unable to name a single foundation (source: Philanthropy Awareness Initiative). Though responsible for numerous innovations that have improved the lives of every American, the work of private foundations remains largely concealed.