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Report Identifies Characteristics That Drive Foundation Spending Patterns; Findings Based on First Long-Term Study of Foundation Expenses and Compensation.(Report)
AScribe Business & Economics News Service, February, 2008
Byline: The Urban Institute
NEW YORK, Feb. 7 (AScribe Newswire) -- Foundation type, size, staffing patterns, and operating activities are the key factors that consistently drive foundation expense and compensation patterns, according to a new report issued jointly by the Urban Institute, the Foundation Center, and GuideStar. Moreover, even under changing or volatile economic conditions, the administrative expense and compensation patterns of U.S. foundations are consistent and predictable, the new report shows.
The report, "What Drives Foundation Expenses and Compensation? Results of a Three-Year Study," presents final results from the first large-scale, long-term study of independent, corporate, and community foundations' expenses and compensation....
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