Giving in

1 2012 Report from the Gateway Center for Giving on the State of Giving in the Greater St. Louis Metropolitan RegionGiving in St. LouisKEY FINDINGSn Although financial investments suffered epic losses as a result of the 2008 recession, Giving by foundations has increased by in the four-year period ending in 2010. In the same period, there was a change in local foundations assets. n Despite the recession, Giving by businesses in the region remains robust. Before the economic downturn, the 2004 Private Dollars for Public Good report had indicated the strong role of St. Louis-area corporations in philanthropy.

2 Today, many corporations with a local presence continue to give generously. Nearly $60 million was given by the 10 top corporate grantmakers with a base of operation or major market in St. Louis. And St. Louis-area organizations are often the beneficiaries: Half of these corporate funders directed more than 70% of their charitable dollars to nonprofit organizations in the region. n Households have been hit hard by joblessness, foreclosures, and tough economic conditions. Giving by individuals continues to be strong, constituting the primary force behind charitable and philanthropic activity in the region.

3 Although the total dollar amount across the state may have decreased, the average itemized charitable contribution per return has held steady at about $4, After a decline at the height of the recession, Giving to the United Way of Greater St. Louis surpassed levels set in 2006 and 2007. The 2011 campaign totaled more than $70 million from generous donors across the Going forward in 2012 and beyond, the trend is for nonprofits and funders to focus more on community capacity through Performance Partnerships, Philanthropic Equity, and Creative Cross-sector in St. Louis Foundations in St. Louis.

4 1n Types of Foundationsn Assets and Givingn Insights on Foundation Giving PrioritiesCorporate Giving .. 6 Individual Giving .. 8n The Power of Individual Givingn Itemizing and Deductionsn Factors That Influence or Affect Individual Givingn Estate and Bequest Givingn Community Foundations in the St. Louis RegionOther Giving Vehicles and Their Impact .. 1 2 Looking Ahead .. 14 About the Gateway Center for Giving ..15 Methodology and Acknowledgments .. 16 Source Notes .. 17 ARCHS provides so much more than actual grant dollars. Through technical assistance and professional development, ARCHS staff fosters both quality and innovation for child care programs.

5 The children and parents served by Urban Sprouts Child Development Center greatly benefit from ARCHS expertise and commitment to building strong foundations and lifelong in St. Louis | 1 Foundations in St. LouisTYPES OF FOUNDATIONSA ccording to the Foundation Center and the Council on Foundations, there are two broad categories of foundations: public and private. Public foundations include community foundations, women s funds, and hospital/health care conversion foundations. Technically, these foundations are actually tax-exempt public charities that maintain a source of permanent funds to help improve the quality of life across a region or broad area of interest.

6 Private foundations are based on endowments from an individual, a family, or a corporation. Since they are based on endowment income, private foundations do not engage in fundraising or seek public financial support. Figure 1 | Grantmakers by Total Giving (in millions) and Type in the St. Louis Region Source: The Foundation Center.$190$28$5$86 PRIVATE FOUNDATIONS FALL INTO THREE BASIC TYPES:n Independent and Family Foundations receive endowments from individuals or families (and, in the case of family foundations, they continue to show measurable donor or donor-family involvement).n Company-sponsored or Corporate Foundations receive funds from their parent companies, although they are legally separate entities.

7 Corporate foundations may provide support to charitable organizations either in cash or via in-kind donations (computer equipment, for example). Companies also give through corporate contributions programs, but Giving amounts in this report pertain only to Giving through Operating Foundations run their own programs and services. Typically, they do not provide much grant support to outside organizations. Independent FoundationsCommunity FoundationsOperating FoundationsCorporate FoundationsFigures do not include corporate Giving programs and public charities, as comprehensible information is not 675 Foundations28% 47 Foundations 44 Foundations9% 3 FoundationsThe amount given by individuals is more than five times the total contributions of either foundations or corporations.

8 2 | Giving in St. LouisFoundations provide important philanthropic support to a region, mainly through structured Giving . The St. Louis region has an estimated 769 foundations, including private, public, and corporate Giving in St. Louis provides information about additional grant-making charities and corporate Giving programs as well. A primary concern of this report is how philanthropic and charitable Giving weathered the storm of the 2008 economic recession. In general, this report shows that most forms of Giving have either stabilized or started a modest increase. Total assets of St. Louis area foundations fell from 2007 to 2008, decreasing from about $ to $ From 2008 to 2010, assets rebounded to $ billion, or by about 5%.

9 Giving by St. Louis foundations followed a statewide Missouri trend, increasing in 2008 and 2009 and decreasing slightly in 2010. St. Louis foundations continue to rebuild their assets yet have managed to steadily increase Giving annually to more than $300 million in 2010. As with total foundation assets, average assets per foundation have rebounded and are approaching pre-2008 levels. In 2010, St. Louis metropolitan area foundations were closer to 2007 in average assets with $ million, or 99% of the average in in St. Louis (continued) in Giving by St. Louis foundations,2007 2010 Table 1 | St. Louis Foundations Assets and Giving , 2007 2010 Foundations Total Change in Assets Total Change in Giving Assets 2007 2010 Giving 2007-20102007 816 $ billion $282 million 2010 769 $ billion $309 million + : The Foundation AND GIVINGF igure 2 | St.

10 Louis Foundations Assets and Giving 2006 2007 2008 2009 2010 Assets (in billions) Giving (in millions)Source: The Foundation Center. $3,529$270$3,828$282$3,191$460$3,301$456 $3,376$309 Total assets of St. Louis area foundations fell from 2007 to 2008. From 2008 to 2010, assets rebounded to $ billion, or by about 5%.Figure 3 | Average Assets of St. Louis Foundations (in millions)$5,000$4,750$4,500$4,250$4,000$ 3,750$3,500 2007 2008 2009 2010 Source: The Foundation 4 | Average Grants per St.