2009 REPORT CONFIRMS ECONOMIC DOWNTURN’S IMPACT ON LGBTQ FUNDING
(New York, NY – December 15, 2010) Funders for LGBTQ Issues has just published its annual tracking report on LGBTQ grantmaking which shows that, in 2009, U.S. foundations awarded $93.5 million to organizations explicitly serving lesbian, gay, bisexual, transgender and queer (LGBTQ) communities, a decline of 12.7% --- 4.3% higher than the national decline of 8.4% in U.S. foundation giving overall in 2009, as reported by the Foundation Center. As foreshadowed in our previous reports on LGBTQ grantmaking and the economy (available here and here), it was inevitable that the worst economic crisis since the Great Depression would have a profound impact on foundation giving to LGBTQ issues and communities.
Anticipating this fallout and aiming to prevent a scenario that could have been worse, many LGBTQ grantmakers engaged various strategies that, despite the cuts, still resulted in LGBTQ issues garnering more than 0.2% of the total dollars granted by U.S. foundations for the 2nd consecutive year since we began our reporting. Among the report's findings:
Category(s): Philanthropic Sector, General LGBTQ Community
Focus(es): Focus on Bisexuals, Focus on Gay Men, Focus on Lesbians, Focus on Transgender PeopleTopic(s): Anti-Violence, Aging/Elderly, Arts/Culture/Media, Civil/Human Rights, Disabilities, Education, Government/Political, Health, HIV/AIDS, Immigration, People of Color/Ethnic Communities, Religion/Faith, Youth