LGBTQ funding in the U.S. exceeds $100 million

Dec 16, 2013
Gay Media & Press Network

(GayWebSource.com – Gay Media & Press Network) – Posted by

The 2012 Tracking Report gets a make-over and finds domestic funding for LGBTQ issues exceeds $100 million for the first time 
 
Funders for LGBTQ Issues today released the 2012 Tracking Report: Lesbian, Gay, Bisexual, Transgender and Queer Grantmaking by U.S. Foundations.  This year’s report finds that domestic foundation funding for LGBTQ issues exceeded $100 million for the first time while overall LGBTQ funding was largely stable in 2012.
 
The 2012 Tracking Report (2012) is the most comprehensive study of its kind, capturing data on 4,068 grants awarded by 399 foundations in order to identify gaps, trends, and opportunities in LGBTQ philanthropy.
 
The report finds that foundation funding of LGBTQ issues totaled $121.4 million in 2012.  This represents a slight decrease from the 2011 record high of $123 million, likely a temporary pause in LGBTQ funding’s overall trajectory of rapid expansion in recent years.
 
With this year’s report, the substance and format has been re-vamped to maximize its usefulness for the philanthropic fieldand the LGBTQ movement. Here are some of the key findings:
 

  • The top five funders in 2012 were: Anonymous, Ford Foundation, Gill Foundation, Arcus Foundation, and the Evelyn and Walter Haas, Jr. Fund, which collectively provided 45 percent of all LGBTQ funding for the year.  
  • Corporate funders increased their grantmaking by 26 percent; public funders increased their grantmaking by 20 percent.
  • Children and youth were the top funded sub-population in the United States, receiving $20.4 million in funding.
  • 25 percent of recipient organizations in the U.S. were not exclusively LGBTQ-focused, the other 75 percent were.     
  • _
  • New York received $11.7 million, the most local and statewide funding of any state
  • International funding for LGBTQ issues totaled $20.2 million in 2012, down from its record high of $27 million in 2011.
  • Refugees, asylees, and migrants were the top funded sub-population for international funding, receiving $3.4 million.
  • Of funding devoted to international LGBTQ issues, 43 percent (or $8.8 million) went to organizations based in the U.S.  The second-most funded region was Sub-Saharan Africa, which secured $3.4 million.   

 
“This report documents how funders are responding to a range of issues and needs in LGBT communities, from marriage equality and gender identity rights to safe schools and HIV/AIDS,” said Ben Francisco Maulbeck, President of Funders for LGBTQ Issues. “It also helps us identify gaps and serves as a barometer for our progress toward engaging more funders in LGBTQ issues.”  
 
The report also includes an infographic that visually summarizes the findings. Both the infographic and full report are now available for download at www.lgbtfunders.org.   
 

The post LGBTQ funding in the U.S. exceeds $100 million appeared first on Echelon Magazine: LGBT Business, LGBT Money.

Media Provided by the GayWebSource.com – Gay Media & Press Network.
To republish this post please visit LGBTQ funding in the U.S. exceeds $100 million