Community Foundations in Germany - Facts and Trends 2013

Jan 01, 2014
  • Description

Community Foundations in Germany have proved successful in the financial crisis -- more assets, more donations, more grantmaking: total endowments increased to 235 million euros. Donors gave more than 10 million euros in flow-through funding in 2012. Community foundations invested 14 million euros in their communities. Increasingly, donors choose community foundations as partners for their own foundations: 530 funds and trusts with endowments amounting to 82 million euros have been entrusted to community foundations, twice as many as five years ago. Thus, community foundations help donors to join forces in times of low interest rates and to achieve more together.