| |
home > press > foundation trend: less is more
 download
this page as a PDF
Frank Sietzen, The Examiner
Mar 12, 2007 3:00 AM (7 hrs ago)
WASHINGTON
- In the nonprofit sector, size does matter. There are an estimated 60,000 small foundations in the United States, most with a handful of employees and all-volunteer boards. Yet they account for half of the money distributed each year by all foundations. What makes these smaller groups different is their focus. While larger organizations tend to address broader issues, their more petite counterparts aim much closer to home, focusing on community giving targeted directly at local needs. Though large and small have their place in the nonprofit sector, smaller foundations are effecting change greater than their size and numbers suggest. It is the smaller, often family foundations that many believe are the wave of philanthropy’s future.
To read the rest of this article, please click here. |
