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Looking at data from 2004 to 2010, The State of Multi-Year Funding finds that multi-year grantmaking in 2009 fell 21 percent to $5.5 billion during a time when total grantmaking declined only by 13 percent. In September 2012, NCRP recalled a previous version of the study after learning of a programming error from the data source. This revised edition more accurately reflects recent trends.

Over the past decade foundations have worked to assess their performance in the fields and communities they seek to address. Data-driven forms of measurement have become more widely used to judge the results of programs, as part of a broader range of information used, as CEOs place great importance on assessing their foundations’ effectiveness.