Is the (grant-making trust) glass half full or glass half empty?
Howard Lake | 17 June 2009 | Blogs
A recent article in Third Sector (6/6/09) reported that the Association of Charitable Foundations (ACF) had reported that 51% of grant-making trusts that had responded to a recent survey stated that they expected grant-making to fall in their next financial year. The article also reported that only 10% expected grant-making to increase. Well, excuse me but that could also be reported as “despite these difficult times, almost half of grant-making trusts that had responded to a recent survey stated that they expected to maintain or increase grant-making in their next financial year, with almost 10% actually expecting grant-making to increase”.
How do we identify the 10% likely to increase grant-making in their next financial year? Does the ACF report back on the accuracy of these predictions?
Advertisement
I went to the ACF website, and note that the news could be even better, as the ACF reports (7/6/09) that “15% anticipate higher grant-making in 2010, and 38% plan to increase grant-making over the longer term”.
The ACF reports that the survey was carried out in April and May 2009.
Finbar Cullen
ResearchPlus
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.