Size-Based Analysis of Charitable Foundations: New Evidence from Canadian Data

Abstract

Using rich administrative tax data, this article offers new evidence on the role of size as well as the private-public distinction in the operation of foundations. Large private foundations have average disbursements just above the minimum requirement, while large public, medium-sized public, and medium-sized private foundations have average disbursements well in excess of the minimum. This suggests consideration of a looser regulatory environment for medium foundations as has recently been implemented for small foundations.