Responding in Crisis: An Early Analysis of Foundations' Grantmaking During the Economic Crisis

Publication date: 
May, 2010

This study finds that foundations responded to the economic crisis in a targeted and timely manner, with grants directed toward communities with the most need.

This report focuses on the foundation community's response to the economic crisis. The study, authored by noted economist Dr. Doug Holtz-Eakin, found that foundations were swift, flexible and targeted in their response to the worst economic crisis since the Great Depression - using on-the-ground knowhow to make a significant impact. This study is the first of its kind to analyze the private-sector response to the crisis and shows that the federal government's response was not the only story. 

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