The Philanthropic Collaborative (TPC) is a non-partisan organization that brings together foundations, charities and elected officials to provide information to policy makers and others about the economic and social impacts of foundation grantmaking. TPC promotes understanding about the important role foundations play in America's communities and how their grantmaking generates substantial and widespread benefits for all Americans.
TPC accomplishes this primarily by commissioning first class economic studies and reports and then sharing them with policymakers. In 2008, TPC released an unprecedented economic study by Dr. Robert Shapiro, The Social and Economic Value of Private and Community Foundations, which examined the direct benefits of private and community foundation grantmaking. The study found that for every one dollar spent by foundations, more than eight dollars is generated in economic and social benefits - an enviable rate of return on investment.
In 2009, TPC produced Broad Benefits: Health-Related Giving by Private and Community Foundation, by Dr. Phillip Swagel, which looked at who benefitted from foundation grants. The study found that grants are reaching America's most underserved communities, with more than two of every three dollars reaching low-income and minority communities.
In 2010, TPC produced Responding in Crisis by Dr. Doug Holtz-Eakin, which found that grantmaking shifted, expanded and followed the larger unemployment and housing needs that developed across the country during the first years of the recent economic crisis. Even when foundations themselves faced financial stress from the very same crisis, the study shows a very clear shift in grant-making patterns to meet emerging economic needs.
In 2011, TPC released Creating Jobs & Building Communities: A Review of the Economic Impact of Foundations and Eight Short Case Studies, a research report about the positive impact foundations and the nonprofits they support have on local economies. The report details how private and community foundations support job creation and job training programs and also highlights the role of foundations as laboratories of innovation for addressing our country's unemployment issues.
Most recently, in 2012, TPC released a first-of-its-kind IMPLAN economic analysis showing that foundation grantmaking supports 8.8 million jobs, billions of dollars in wages, and adds $570 billion to the GDP over generations. The report, Economic Impacts of 2010 Foundation Grantmaking also looks at the economic impacts of eight case studies from across the country.
Looking forward, TPC will continue its efforts to fill the awareness gap and educate Congress about the important role of foundations and how they are helping to re-employ America. During a briefing with TPC's Board of Directors, a senior Ways & Means Committee Member said that he, "never thought of the non-profit sector as job creators." Senior staff to a Senate Finance Committee member echoed, "Members of Congress need a whole lot of education on the philanthropic sector... it's not just the .com's we need to think about, but also the .org's."
Thank you for taking an interest in The Philanthropic Collaborative and our efforts to communicate to policy makers the value of foundation giving. We look forward to expanding and serving our members in the coming year.