The latest report on European foundations from the Donors and Foundations Network in Europe (DAFNE) analyses recently compiled data on European foundations. According to the report there are more than 147,000 registered public benefit foundations in Europe, with combined annual expenditures of nearly 60 billion euros. These figures are based on the latest available data from 24 European countries in the DAFNE network, including 18 European Union members.
A number of interesting discoveries emerged from the data collected:
- Germany (20,000+), and six other European countries – Poland, Hungary, Spain, Sweden, Switzerland, and the United Kingdom – have at least 10,000 registered public benefit foundations
- The top seven countries in terms of total charitable expenditures are Germany (25% of total expenditure), Italy, Spain, France, the Netherlands, the United Kingdom and Switzerland. Based on DAFNE’s data, these countries probably account for more than 90% of charitable expenditures by all European public benefit foundations.
- According to the most recent data from 17 out of the 24 participating countries, the total reported foundation assets were 511.3 billion euros.