Report Shows Foundations How...

Report Shows Foundations How To Be More Cost Effective
By John Zorabedian
The Daily Tell
May 12, 2009

Every dollar in funding provided by foundations to 13 nonprofit advocacy and civic engagement organizations in North Carolina led to $89 in benefits for state residents, according to a new report that intends to shed light on how to generate greater returns on investment for foundations.

The report, published Monday by the National Committee for Responsive Philanthropy (NCRP), found that local nonprofits that actively engaged citizens in the state leveraged their foundation support into nearly $2 billion in benefits for North Carolinians.

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