The Giving USA annual report on the state of philanthropy, which was released last month, reveals that Americans are giving more than ever (including when measured using inflation-adjusted dollars): $410 billion in 2017. (From 2007 through 2017, giving went up $99 billion in current dollars.) As in previous years, the types of organizations that received that money were mostly religious ($127 billion) and educational ($59 billion). Meanwhile, donations to foundations were up 15.5% and, of all types of recipient, foundations saw the highest growth rate over two years.
Grantee reports are essential for foundations, helping determine disbursements and grants. Reporting is also a vital part of making grants and a fantastic opportunity for grantees to share advancement with grantmakers. But done inefficiently, it can be a tedious task that contributes little to grantmaker or grantee.
Done right, reporting can be a meaningful exchange of data and stories as well as a tremendous opportunity for growth for both grantees and grant makers.