New Data: Foundation Portfolios Gained $230 Billion
The NonProfit Times
APRIL 17, 2024
foundation portfolios grew more than 17%, or $230 billion, during the period covering all of 2023 (11% growth) and the first quarter of this year (6% growth) to reach a record high of $1.55 The growth came even as foundation grantmaking during the same period totaled more than $400 billion, the data showed. billion) to $97.9
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