Charitable giving by Minnesota's foundations and corporations continued to show strong growth in 2011, a new report from the finds.
The 2013 edition of (43 pages, PDF) reveals that the state's residents, foundations, and corporations increased their giving to nonprofits in 2011 by some 14.7 percent, to $1.7 billion, with the largest share of total grantmaking going to education (28 percent), followed by human services (21 percent) and public affairs/society benefit (17 percent). According to the report, 47 percent of total grantmaking dollars went to organizations and programs serving Minnesotans. A similar percentage was distributed to groups serving other parts of the U.S., while 4 percent was given in support of international causes.
The report also found that total giving by individuals, foundations, and corporations in the state reached $5.5 billion in 2011, a 3.4 percent year-over-year increase, with individuals accounting for $3.8 billion of the total, or 70 percent.
Much of the increase on the foundation side was attributed to the , which boosted its grantmaking from $10 million in 2010 to $142 million in 2011. "New giving by the Margaret A. Cargill Foundation accounted for much of the increase in foundation giving," said MCF president Trista Harris. "But even without that, Minnesota grantmaking rose 5 percent, to an all-time high."