Between 2003 and 2013, corporate grantmakers surged ahead of their independent counterparts when it came to their share of grant dollars devoted to benefitting underserved communities. Meanwhile community foundations saw their share of underserved communities grantmaking decline. The overall growth in grantmaking to underserved communities was driven primarily, however, by independent funders, since corporate funders make up just a small portion of the philanthropic sector. See Appendix E for more information.
