According to a comprehensive report from Funders for LGBTQ Issues, funding for LGBT-based projects surpassed $100 million in 2012.
The report collected data on 4,068 grants which were funded by 399 organizations, and was undertaken to provide an understanding on the funding patterns within LGBT philanthropy.
“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,” the president of Funders for LGBTQ Issues, Ben Francisco Maulbeck, said in a press release. He added, “It also helps us identify gaps and serves as a barometer for our progress toward engaging more funders in LGBTQ issues.”
LGBT-related funding totaled $121.4 million in 2012, a fraction less than in 2011, when such funding reached its record number of $123 million. In 2012, $20.4 million of the lump sum went to youth programs, making them the most highly funded sub-population in the United States.
The survey indicated that in 2012 the top five donors were: anonymous, the Ford Foundation, the Gill Foundation, the Arcus Foundation and the Evelyn and Walter Haas Jr. Fund. Collectively, these funders managed to donate a total of 45 percent of the total LGBT funding in 2012.
Funding which came from corporations increased by 20 percent in 2012, and public funding jumped to a 26 percent increase.
Funding for international LGBT issues in 2012 reached $20.2 million, which is a $7 million decrease from the prior year. $3.4 million of the international funding went to organizations supporting refugees, asylum seekers, and migrants.
New York state received $11.7 million, the highest amount of local and statewide funding in the US.
Based on MAP’s 2013 National LGBT Movement Report, the LGBT community greatly benefitted from the groundbreaking events of 2013 such as the Supreme Court’s ruling to overturn the Defense of Marriage Act and the expanding number of US states that are legalizing marriage equality.
The MAP report studied 36 leading LGBT organizations, which collectively represent 61 percent of budgets from LGBT social justice organizations. This collective budget is estimated to increase by 10 percent from last year’s expense budget, pushing the 2013 total expense budget to $165.6 million.
The study also found that individual donors of LGBT organizations increased by 6 percent in 2013, thus providing enough financial support to LGBT programs so that all costs were covered.
The increase in funding over the last three consecutive years, 2011-2013, demonstrate that LGBT nonprofit organizations are slowly but steadily being supported during this shaky economic time period in America.