As America approaches the fourth anniversary of Hurricane Katrina, the Foundation Center has released a report detailing the philanthropic activity associated with the Gulf Coast hurricanes, finding that total giving has reached nearly $1.3 billion since 2005.
Of the philanthropic support given between 2005 and July 31, 2009 in the form of grants, program-related investments, and corporate in-kind gifts from foundations, corporations, and other institutional donors, the majority was donated in the 16 months following the disaster, the study found.
However, private and community foundations continued to award approximately $133 million for ongoing recovery and rebuilding efforts between 2007 and 2009, including $125 million in cash gifts alone.
While the support continued, the focus of the support shifted away from immediate humanitarian needs and toward rebuilding and developing the community.
The report found that in the immediate aftermath of the hurricanes, the largest share of donation dollars – 40 percent – went to human services efforts. However, the focus of philanthropic activity between 2007 and 2009 shifted to economic and community development, with 24 percent of foundation support dollars and 18 percent of grants going to this cause.
The most active foundation in the Gulf Coast hurricane relief effort was found to be the Ford Foundation, which has donated almost $28 million between 2007 and 2009 across 78 grants. Oxfam America received the largest share of financial support, at $7.2 million.
The report also found that the largest share of long-term relief and recovery support went to the economically disadvantaged, who received 48 percent of total donation dollars.
The sustained interest in community development and economic recovery has made an impact in the New Orleans region, according to the Wall Street Journal, which recently named the city a flourishing hub of entrepreneurial activity.






