After painful plunge during recession, Florida charitable giving makes slow comeback
Wake up and good morning. Is charitable giving in Florida finally crawling out of its crater? After giving by individuals, foundations and corporations fell 8.6 percent between 2008 and 2009 -- after plummeting by double digits the year before -- a new report finds charitable giving stabilized in 2010 and now seems to be slowly improving. So concludes a 2012 Florida Philanthropic Network report called Giving in Florida: The State of Charitable Giving in the Sunshine State. Read the entire report here.
"The recessions appears to have had an even greater negative impact on charitable giving in Florida than in the country as a whole," states David Biemesderfer (photo, left), Florida Philanthropic Network CEO in Tampa. Individuals, foundations and corporations gave $14.2 billion in charitable contributions in 2009. That's down "significantly" from pre-recession giving, the report says.
A few highlights that struck me:
1. The big charitable bucks are in South Florida. Grantmakers in Florida's southeast region disbursed 53.3 percent of the state's grant dollars in 2007. That contrasts with Central Florida's 12.4 percent and Central West (that would be the greater Tampa Bay region) with just 10 percent.
2. Florida foundations devoted nearly a quarter of their giving to "public affairs/society benefit" nonprofits. The next largest shares went to nonprofits focused on human services (16.8 percent), health (16.6 percent) and arts and culture (14.2 percent). Here's a zinger: More than half (56.9 percent) of Florida foundations' grant dollars went to nonprofit organizations based outside the state.
3. Of the 10 largest Florida counties ranked by total grants paid by grantmakers located in the county (2007 data), three Tampa Bay area counties just made the list (and Pinellas County did not), as follows:
1. Miami-Dade: $364 million
2. Palm Beach: $281 million
3. Orange: $121 million
4. Duval: $117 million
5. Broward: $89 million
6. Collier: $84 million
7. Hillsborough: $58 million
8. Jefferson: $50 million
9. Sarasota: $46 million
10. Polk: $42 million.
The report also contains some interesting rankings of the largest grantmakers in Florida. Regionally, they include Publix Super Markets Charities, Community Foundation of Tampa Bay, and Krauss, Miller, Lutz Charitable Trust Foundation.
-- Robert Trigaux, Business Columnist, Tampa Bay Times