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GIVING IN MINNESOTA SAMPLE TRENDS
This section provides a detailed analysis of trends and patterns of giving by the 100 largest Minnesota grantmakers by grants paid. This Giving in Minnesota sample accounted for about 78 percent of the total grantmaking in the state in 2005, despite comprising just 7 percent of total grantmakers. By conducting an in-depth analysis of the actual grants made by these largest grantmakers, the Council intends to provide an accurate interpretation of the trends and patterns of overall foundation and corporate giving in the state.
In previous years, this section of the Giving in Minnesota report included all grantmakers that made $1 million or more in grants for the research year. This year the Council changed its sample criteria to include the top 100 grantmakers for the research year, in order to keep the number of grantmakers in the sample consistent across years. To allow for more meaningful comparisons over time, the data presented in this section of the report for 2003 and 2004 have been recalculated from previous editions of Giving in Minnesota to reflect giving by only the 100 largest grantmakers for each year (and thus will differ from information in previous reports in which all grantmakers giving over $1 million were included).
DESCRIPTION OF SAMPLE
The Council conducted an in-depth analysis of the grantmaking of Minnesota's 100 largest active grantmakers by coding these organizations' grants of $2,000 and above as the units of analysis. (See
Appendix i [PDF] for a complete list of the 100 grantmakers in the sample.)
As mentioned in previous sections of this report, the Council categorizes grantmakers into three types: private foundations, community/public foundations, and corporate foundations and giving programs. (Companies with corporate giving programs must self-report information on their grants to the Council to be included in the sample analysis, and not all do so.) This sample includes 52 private foundations, 34 corporate foundations and giving programs, and 14 community/public foundations (see Figure K).
KEY TRENDS IN SAMPLE
In 2005, the Giving in Minnesota sample gave $799.6 million in total grants8 and had $12 billion in assets. The sample represented 7 percent of all grantmakers in the state, made 78 percent of all Minnesota grants and held 78 percent of all Minnesota foundation assets. These figures are consistent with the sample for the previous year's report (see Table 10).
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Grants Paid by Grantmaker Type
Private foundations' share of Minnesota grant dollars has steadily increased from 40 percent in 2003 to 48 percent in 2004 to 50 percent in 2005 (see Figure L and Table 11). These steady increases in private foundations' grantmaking may reflect the market upswing in 2002, when private foundations experienced notable increases in the value of their assets. As noted in the 2005 Outlook Report, "The full impact of improved market conditions can sometimes take a few years to be reflected in private foundations' grantmaking."
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In contrast, community/public foundations have seen their share of the state's grantmaking in the sample decrease steadily from 18 percent in 2003 to 15 percent in 2004 to 13 percent in 2005. This drop was due in part to a one-time, $20-million grant paid by the Minneapolis Foundation in 2003, with no comparable large one-time grants given by community/public foundations in either 2004 or 2005. Moreover, the 2005 Giving in Minnesota sample of 100 grantmakers included one fewer community/public foundation than in the previous two years.
Corporate grantmakers' share of grant dollars in the Giving in Minnesota sample has remained fairly steady in recent years. After rising to 42 percent in 2003, corporations' share of these grants dropped to 37 percent in 2004 and then remained the same in 2005; this percentage is identical to those in 2001 and the late 1990s.
Average Grant Size by Grantmaker Type
From 2001 to 2004, the average grant size made by grantmakers in the Giving in Minnesota sample grew steadily. But in 2005, the average grant size dropped to its lowest point since 2001. Specifically, the average grant size decreased by 13 percent from almost $34,000 in 2004 to less than $30,000 in 2005 (see Table 12).
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Private foundations have continued to provide larger average grants ($61,118) than corporate grantmakers ($19,552) and community/public foundations ($17,156). In addition, from 2004 to 2005, private foundations had a smaller decrease in average grant size (-6 percent) than corporate grantmakers (-12 percent) and community/public foundations (-31 percent).
8 $704 million when counting only grants of $2,000 or more.
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Giving in Minnesota
2007 Edition
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Printed copies of Giving in Minnesota, 2006
Edition, Summary Report are available for $5 each.
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In This Document
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About This Report
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The Minnesota Council on Foundations produces
Giving in Minnesota to provide a comprehensive analysis of the trends and patterns of giving by organized philanthropy in the state.
This report provides an overview of giving by Minnesota foundations and corporations domestically and internationally, as well as giving by individual Minnesotans. The report also provides an in-depth analysis of the Giving in Minnesota sample of the largest Minnesota foundations and corporations by subject area, geographic area, intended beneficiary and support type.
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