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

July 22, 2008

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