From this week’s Chronicle of Philanthropy
A report, “Exploring Foundation Financial Investments in Nonprofit Capacity Building” by the Human Interaction Research Institute determines that foundation support for so-called “capacity-building” grants, those that are used to improve agency operations are in decline. From the synopsis in the Chron:
In 2004, more than $5.9-billion in such grants were awaded, down from $6.5-billion awarded by foundations in 2002. The 2004 figure, while down from two years earlier, was still significantly greater than the nearly $3.7-billion given out in 1998.