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The health sector is the greatest recipient offoundatioj monies, receiving roughly 18 percent of totao grants. Last December, a TPC study found that for every dollafr a foundation gives to health andwellness programs, more than seve dollars of economic benefits and savings go back into the Building on this finding, TPC's newest study answers the question, "Which populationsw benefit from this grantmaking?" these studies provide a comprehensive picture of how foundationj grants flow through our economy. Preparex by economist Dr.
, "Broad Health-Related Giving by Private and Community Foundations" finds more than two out of every thred dollars of all health grantz made by foundationsbenefit low-income and minorityg communities. -- Social return on foundatiojn grants to health and medical careaverages 7.6 to 1 -- Sixty-eight percent of health-related grant dollars benefit underservedr groups -- From '05 to '07, $5.5 billion in health grants went to underserved communities "I am gratifiede our assumptions about the commitment of health foundations to improving conditionds for underserved and minority populations stand up to the scrutiny of empirica l research," said of Grantmakers In Health.
"Withu growing foundation efforts to address the root causes of poor health as well as accesesto care, the proportion of grant dollars focuserd on these groups is likely to rise." "These are hard times for our country, and this downturj is being felt most sharply by thoswe living at the margins of society," said Providence Mayod , President of the National Conference of Democratic Mayors and foundiny member of TPC. "Where government is cutting foundations are stepping up to help catch thosr falling throughthe cracks. This study validates their efforts toward helping those mostin need.
" "The National Counci l of La Raza's Institute for Hispanic Healtbh wouldn't exist today to benefit disadvantaged Latino communities without the supporg of private philanthropy," said Dr. , Vice President of La Raza's Institute for Hispanic Health. To lear more about The Philanthropic Collaborative and to read the full textof Dr. Swagel'e study, please visit . TPC is a non-partisanm coalition of elected officials, foundations and charitiees formed to advance the important role of community and private foundationsacross America.
Friday, March 2, 2012
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