Press Release

A first-of-its kind analysis of international grantmaking by large U.S. community foundations has been released by the Council on Foundations and Foundation Center. Local Communities with Global Reach: International Giving by U.S. Community Foundations shows that international grantmaking is becoming more common among U.S. community foundations, which traditionally make grants in locally-bound geographic communities.

Data gathered in the 2016 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community Foundations® (CCSF) show that participating private foundations reported an average return of 6.4 percent for the 2016 fiscal year (January 1 – December 31, 2016) while participating community foundations reported an average return of 7.3 percent for the same period. (All return data are reported net of fees.)

The Council on Foundations announced that it has opened the nomination period for the 2017 Robert W. Scrivner Award for Creative Grantmaking. Presented annually, this award recognizes a grantmaker who, with a combination of vision, principle, and personal commitment, is making a critical difference in a creative way and has demonstrated collaboration, risk, and innovation in the sector.