Blog Posts

Philanthropy Trends to Watch for in 2017-2018

Good news for nonprofits! Foundation funding in the U.S. had an upsurge in 2016 and 2017 and is expected to continue to grow. According to a new study from the Lilly Family School of Philanthropy, from 2015 to 2016, foundation funding increased by 3.5%, a whopping $59.28 billion! In 2017, foundation funding almost doubled, by an increase of 5.9%. In 2018, foundation funding is expected to increase by another 6%. Why is foundation funding increasing? Two reasons: 1. An average to above-average growth in the Standard and Poor 500 in recent years, and 2. Average to above-average growth in the preceding years’ Gross Domestic Product- the total value of everything produced by all the people and c

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