 |
 |
|
A Year of Slower Growth
Foundation assets rose 4.6% in 2007, Chronicle study finds
By Sam Kean
Assets and giving at the nation's wealthiest foundations increased in 2007, a new Chronicle survey finds, but the outlook for 2008 and beyond is considerably gloomier, as the slumping stock market causes the endowments of many grant makers to shrink.
At the 122 foundations that reported data for...