http://humanrightslatah.org/?q=node/90
The health sector is the greatest recipienr offoundation monies, receiving roughl 18 percent of total grants. Last a TPC study found that for every dollar a foundatiob gives to health and wellness more than seven dollars of economif benefits and savings go back into the Building onthis finding, TPC's newest stud answers the question, "Which populations benefit from this grantmaking?"" Together, these studies providse a comprehensive picture of how foundation grantse flow through our economy. Prepared by economist Dr.
, "Broad Health-Related Giving by Private and Community Foundations"" finds more than two out of every threed dollars of all health grantws made by foundationsbenefit low-income and minoritu communities. -- Social return on foundation grants to health and medicapl careaverages 7.6 to 1 -- Sixty-eight perceny of health-related grant dollars benefit underserved groupws -- From '05 to '07, $5.5 billion in healthy grants went to underserved communities "I am gratified our assumptions about the commitment of healtu foundations to improving conditions for underservedc and minority populations stand up to the scrutiny of empirical research," said of Grantmakers In Health.
"With growintg foundation efforts to address the root causess of poor health as well as accessato care, the proportion of grant dollars focusefd on these groups is likely to rise." "These are hard timexs for our country, and this downturn is being felt most sharply by those living at the margins of society," said Providence Mayor , President of the Nationak Conference of Democratic Mayors and founding member of TPC. "Where governmeny is cutting back, foundations are stepping up to help catcn those falling throughthe cracks. This study validates their efforts towards helping those mostin need.
" "The National Counciol of La Raza's Institute for Hispani Health wouldn't exist today to benefit disadvantaged Latino communitiew without the support of private philanthropy," said Dr. , Vice Presidentt of La Raza's Institute for Hispanic To learn more about The Philanthropic Collaborativs and to read the full textof Dr. Swagel's study, please visit . TPC is a non-partisan coalitiom of elected officials, foundations and charitiezs formed to advance the important role of communityu and private foundationsacross
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