A partnership between Foundation Center and the Africa Grantmakers’ Affinity Group (AGAG) has produced the first-ever overview of foundation funding specifically for continental Africa. According to new research released today by the two organizations, foundation grants targeting Africa increased more than 400%, from $288.8 million in 2002 to nearly $1.5 billion in 2012. The number of grants also increased from 1,380 to 1,965.
U.S. Foundation Funding for Africa examines changes in funding over a decade and provides a detailed portrait of giving in 2012. It compares differences in funding for organizations headquartered in Africa and funding for activities focused on Africa implemented by organizations headquartered outside of Africa. The report is based upon an analysis of Foundation Center’s FC 1000 annual data sets, which include grants of $10,000 or more given by 1,000 of the largest U. S. independent, corporate, community and grantmaking operating foundations. The FC 1000 sets account for more than 75% of all international funding by U.S. foundations.
Learn more and download the report at africagrantmakers.org.