While a strong year-end stock market and giving in response to COVID-19 and racial justice efforts drove growth in contributions, a tumultuous year created an uneven picture.
In the wake of the horrific shooting in Atlanta that killed eight people - including six Asian American women - authors Patricia Eng and Eric Stegman issued a issued a call for philanthropy to take action to stop this violence and hate against AAPI communities.
The annual Council on Foundations-Commonfund study found that private foundations reported an average 13.1 percent return on their investment assets last year, and that 33 percent of foundations to increased their giving over 2019.
