At last count, there are more than 78,000 foundations in the United States with a total worth of approximately half a trillion (with a “t”) dollars, generating nearly $50 billion in giving each year.
By any calculation, that’s a lot of dough being funneled annually into good causes, philanthropy that is designed to make a positive impact on society in the areas of health care, education, recreation, the environment, religion, social services, and many more.