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Pennies for Progress

This report follows the success of foundations during the great recession in 2008. The study found that in the decade that ended in 2013, foundation support for America’s marginalized communities grew just 5 percent as a share of all grantmaking. All this raises the question: Where did the increase in foundation grantmaking – over $6 billion – go if not to benefit the poor, communities of color, immigrants, women and girls, and other underserved communities? Where did that $6 billion go if not to strategies that affect long-term change?