The 2014 Giving Study: An Overview of Grantmaking by Private and Community Foundations in the Southwest shows that foundations in the seven-state region contributed over $5 billion to charitable causes, representing an 18% increase from the last study in 2012, while their assets totaled over $69 billion, an increase of nearly 12%. While equally-detailed national data are not available, a 2013 Foundation Center study reported foundation assets nationally to be $662 billion, with $49 billion in total giving nationally. A comparison between these two reports suggest that the southwest region holds about 10% of all foundation assets and is contributing about 10% of philanthropic dollars nationally.