SECF’s Southern Trends Report Now Includes Five Years of Data on Philanthropy in the Southeast
The Southern Trends Report, SECF’s statistical dashboard on Southeast foundations, has recently been updated with 2018 data on foundations and grantmaking, providing a five-year snapshot of trends in the field. Data will continue to be added for 2018, but the latest figures show a number of key findings.
- Assets of Southeastern foundations contracted slightly to $108 billion: In 2017, assets totaled $118 billion for all foundations. With financial data for some foundations still forthcoming, assets of Southeastern foundations were about $10 billion less in 2018.
- Giving by Southeast foundations stayed steady at over $8 billion: Total giving by the region’s foundations, with some grants data still to be counted, was more than $8.2 billion.
- Children and education remain the leading focus areas of foundation grants in the Southeast: Over $2.4 billion in grants were awarded to education-related purposes in 2018, more than twice as much as the next leading category - health. Nearly $1.5 billion was awarded to programs or organizations serving children and youth, making that population group the top recipient of foundation funding.
- Program development and general support were the top types of support provided: Close to a third of grant dollars awarded by Southeast foundations were designated for program development and a just under a quarter were allocated for general operating support.
- Two-thirds of giving by Southeast foundations stayed within the region: The share of in-region giving by Southeast foundations rose slightly to 66 percent.
The Southern Trends Report is developed in partnership with Candid. The dashboard provides an at-a-glance overview of institutional philanthropy in the Southeast region and is updated annually incorporating data from foundations that participate in Candid’s eReporting program and with data from IRS filings. For historical data and analysis of longer-term trends, see the Key Findings section of the site.
Stephen Sherman is SECF's director of research and data.