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Group studies ‘philanthropic divide’ in rural Montana communities

March 31, 2007 /

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Philanthropic foundations in Montana enjoyed a 12.8 percent increase in assets last year, totaling $404 million in assets in 2006 versus $358 million in 2005, according to figures compiled by The Foundation Center in New York.

Despite the gains, Montana continues to rank 48th in the country in foundation assets. The state ranks slightly better, 46th, in grantmaking by in-state foundations, at $23 per capita, versus $108 per capita nationally.

By JOHN HARRINGTON – IR Business Editor

Full Story: http://www.helenair.com/articles/2007/03/31/helena/a07033107_01.txt

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