Giving by Florida Foundations Nears $1.2 Billion, Report Finds

Florida foundations awarded nearly $1.2 billion in 2006, a new report from the Foundation Center finds.

According to Key Facts on Florida Foundations (2 pages, PDF), the top ten givers in the state awarded a total of $322 million in 2006 — or 27 percent of all grantmaking by Florida foundations. The Miami-based John S. and James L. Knight Foundation topped all foundations in the state in both assets and giving.

Funded in part by the Philanthropy and Nonprofit Leadership Center at Rollins College in Winter Park, Florida, the report presents a snapshot of activity by 3,874 independent, corporate, community, and operating foundations in the state. The foundations surveyed held assets totaling more than $19.2 billion, and education and human services were the most popular fields of interest in terms of giving.

"From the time of Henry Flagler to John Ringling to Walt Disney and on to Bill Darden, Florida has been a great state for entrepreneurship and wealth creation," said David A. Odahowski, president of the Edyth Bush Charitable Foundation. "The growth of new foundations since 1995 is a demonstrative expression of Floridians believing in the future of Florida and of their willingness to commit their wealth for the benefit of generations yet unborn."