I recently attended Philanthropy Southwest‘s “Overview of Grantmaking by Private and Community Foundations in Dallas, Texas and the Southwest.” The event included a wonderful presentation by Kathy Jankowski, who reviewed the findings in Philanthropy Southwest’s 2016 Giving Study (click this link to download the study).
Some of the fun facts she shared:
- 31% of the 3,332 grantmaking foundations in Texas are located in the Dallas-Fort Worth-Arlington Metropolitan Statistical Area (MSA).
- Foundations in Houston-Sugarland-Baytown contributed the most in the state … over $1B.
- Between 2009 – 2014, foundations based in DFW increased their contributions by …. 38.7%!!!
- 138 DFW-based foundations contributed over $1 million each in 2014.
- The average Texan who itemizes their charitable contributions supports SEVEN nonprofits … with an average gift of $100 to each. (Yes, that means your donors care about more than just you.)
- Statistics show the hardest grant to get is not the first, nor the third, but the second grant. (i.e. There’s an obsession with novelty among grantmakers … combined with bad stewardship of first gifts by most charities.)
- Why donors give:
– Gift 1: “I was asked.”
– Gift 2: “It seems like a good idea.”
– Gift 3: “I just like it.” (Gut feeling)
- The average grant from a foundation is $40k.
- However … the MEDIAN grant is only $6,500!
- Only 3% of foundations have staff.