According to a new report by the Foundation Center, U.S. grant-making foundations raised their contributions to nonprofit organizations a record $4.3 billion in the last year. Foundations gave an estimated $27.6 billion in 2000, up 18.4 percent (14.6 percent after inflation) from the $23.3 billion in giving reported for 1999. Overall, giving has doubled since 1996.

Community foundations experienced the fastest growth in giving in the past year, followed closely by independent foundations. However, growth in corporate foundation giving slowed, reflecting declining corporate profits and stock values.

Private foundation...

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