SECF’s Southern Trends Report Updated with New Data
The Southern Trends Report, SECF’s statistical dashboard on Southeast foundations, has recently been updated with new data reflecting giving through 2017. This marks the third annual update since SECF partnered with the Foundation Center (now Candid) to develop this interactive resource on philanthropy in the region.
While some grants data for 2017 is still being collected, here are some key figures on the state of the region:
Assets of Southeastern foundations grew to more than $115 billion: This was a significant increase over the same figure in 2016, with the largest growth occurring in assets of family and independent foundations.
Giving by Southeast foundations also rose, approaching $8 billion:Total giving by the region’s foundations, with some grants data still to be counted, was more than $7.9 billion.
Children and education remain the leading focus areas of foundation funding in the Southeast:More than $2 billion in grants were awarded to programs and recipients related to education in 2017. In terms of population groups, at least $1.3 billion was awarded in grants serving children and youth.
Program development and general support were the top types of support provided:Close to a third of grants awarded by Southeast foundations were designated for program and project support and a quarter were allocated for general operating support.
The majority of giving by Southeast foundations stays within the region:The share of giving by Southeast foundations that was awarded to recipients inside the region stayed constant at 63 percent.
Register for Exclusive SECF Webinar – Exploring the Latest Data on Southern Trends
Join us for a members-only webinar on Thursday, October 10, at 2:00pm ET as we take a closer look at this latest data on Southeast foundations. SECF Research and Data Manager Stephen Sherman and Candid’s David Wolcheck will review key figures for 2017 and explore the following questions:
- How have Southeast foundations grown in the past 5, 10, and 50 years?
- How does the growth of foundations in the South compare with other regions?
- What subject areas and population groups have received the most funding?
- What types of support have Southeast foundations provided most?
- What proportion of funding from Southeast foundations stays within the region?
Register here to attend this webinar.
Stephen Sherman is SECF's research and data manager.