Foundations Gave $97.5 Billion Last Year as Assets Hit Record Highs
The Chronicle of Philanthropy
JANUARY 31, 2024
Stocks boosted foundation wealth to $1.5 trillion in 2023, while giving grew more modestly, says a new estimate. By Sara Herschander Getty Images The increase comes after a blockbuster year for the stock market, which defied gloomy predictions, and to an influx of large donations.
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