Big growth in community funds

By Emma Rigby, Third Sector, 5 December 2007

The money available to community foundations has doubled over the past four years.

The Community Foundation Network revealed last week that its 56 members now hold endowments, pledges and legacies worth more than £200m. It attributed the increase largely to record endowments, but warned that a withdrawal of government funding posed a threat to continued growth. The figures showed the changes between 1...

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