Foundation Giving Minnesota Expected to Rise in 2013


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According to reporting in the Minneapolis Star Tribune, Minnesota foundations and corporations expect to make modest increases in grant making during 2013, according to a survey released on Monday by the Minnesota Council on Foundations.

Grant makers, on average, said they would increase donations by 2 percent this year. "And when you look at the continued growth of assets, that's good news too.''

Fifty-six percent of the foundations surveyed expected their assets to rise in 2013. Another 33 percent expected them to remain the same. Eleven percent expected decreases.

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Private nonprofit organizations whose primary purpose is to promote the practice of charitable giving and volunteering or to represent and serve a wide range of philanthropic and charitable institutions.




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