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Gap in foundation assets widens between have and have-not states

July 22, 2008 /

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The philanthropic gap has widened even further between the 10 states with the most private foundation assets and the 10 states with the least, including Montana, a Helena group said Monday.

In 1988, the average total foundation assets in each of the top 10 states was $9.26 billion, compared with an average of $63 million in Montana and the nine states with the least foundation assets, according to the Big Sky Institute for the Advancement of Nonprofits of Helena. That amounts to a gap of $9.2 billion between the two groups of states.

Full Story: http://helenair.com/articles/2008/07/22/state/85st_080722_gaps.txt

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