Family Foundations
The Council on Foundations defines a family foundation as one whose funds are derived from members of a single family, though this is not a legal term and has no precise definition. The Council on Foundations suggests that family foundations have at least one family member serving as an officer or board member of the foundation and, as the donor, that individual (or a relative) must play a significant role in governing and/or managing the foundation. Most family foundations are run by family members who serve as trustees or directors on a voluntary basis. In many cases, second- and third-generation descendants of the original donors manage the foundation.
Family foundations make up over half of all private (family, corporate, independent, and operating) foundations, or 40,456 out of approximately 73,764 foundations (Foundation Center, 2011). Family foundations make up approximately one-third of the Council’s membership.
Family foundations range in asset size from a few hundred thousand dollars to more than $1 billion. The holdings of family foundations total approximately $294 billion, or about 44 percent of all foundation holdings of $662 billion. Despite this, three out of five family foundations hold assets of less than $1 million. Family foundations gave away approximately $21.3 billion in grants in 2011 (The Foundation Center, 2011).
Below is everything on our site for family foundations. Due to the large number of resources on our website, we highly recommend you use the site navigation or the search feature to find what you are looking for.
Announcing the Philanthropy-Joining Forces Impact Pledge
First Lady Michelle Obama and Dr. Jill Biden
Launch Philanthropy-Joining Forces Impact Pledge
Unveil Veterans Philanthropy Exchange
This week, at the American Red Cross national headquarters, First Lady Michelle Obama and Dr. Jill Biden joined Council President and CEO Vikki Spruill,…
Council Comments on Treasury/IRS Priorities
The Council on Foundations wrote to the Department of Treasury and the Internal Revenue Service (IRS) this week to urge them to prioritize several regulations and guidance documents that impact our members. Each year, the Priority Guidance Plan identifies and prioritizes those tax issues that the…
Investing in College Success
Smart investors believe in California. They flock to it for the spirit of innovation and entrepreneurship that has made it the world’s 8th largest economy. Now, with Los Angeles County facing a major college graduation crisis, these same smart investors are backing the educational future of low-…
Seasons of Giving - Spring 2014
The Council on Foundations is excited to launch Seasons of Giving, a quarterly newsletter with valuable insights to help you advance your work and increase your impact.
This newsletter will provide background on some of the major events and trends in the field and highlight resources…
Philanthropic Leaders Pledge $170 Million to Support Veterans and Military Families
Today, over 30 philanthropic organizations and corporations announced pledges totaling more than $170 million over the next five years to support veterans and military families. The Philanthropy-Joining Forces Impact Pledge was announced today by Joining Forces and a coalition of leading…
Council Members Announce Philanthropy-Joining Forces Impact Pledge
Council on Foundations President and CEO Vikki Spruill will join First Lady Michelle Obama, Dr. Jill Biden, and grantmakers from around the country tomorrow for the announcement of the Philanthropy-Joining Forces Impact Pledge. Made by over 30 funders, this pledge aims to bring support to service…
Washington Snapshot - April 25, 2014
Council Submits Extenders Testimony
As we noted in last week’s Washington Snapshot, House Ways and Means Committee Chairman Dave Camp (R-MI-4) held a recent hearing on the seven business “tax extenders” that he opted to extend in his comprehensive tax reform proposal. The hearing, entitled “The…
Washington Snapshot - April 17, 2014
A little tax week humor...
With Congress out of session this week and next, there is not much action on the legislative front. But here is what's on our policy radar this week:
Latest on Tax Extenders Movement
For the past few weeks we’ve given you a play-by-play of the debates on the Hill…
Tech tools and boisterous public meetings: Building support for community planning in the San Francisco Bay Area
Silicon Valley Community Foundation is in the heart of the San Francisco Bay Area, close to the campuses of companies like Google, Facebook and Apple. Companies like these have made the region a leader in the global economy and a hub of innovation. The Bay Area is home to a diverse…
Engaging Latino Parents around Early Learning for their Children
The proudest moment of Ruben Garcia’s life was when he watched his first child graduate from Boulder High School last spring.
The father of three and his wife know how much it took for their son to reach the important milestone. They will tell you that their work with him started before…
HUD Secretary's Award for Public-Philanthropic Partnerships
The 2025 HUD Secretary's Award for Public-Philanthropic Partnerships application is now closed.
HUD has temporarily paused the Secretary’s Award for Public-Philanthropic Partnerships and will not be selecting 2025 winners. The award recognizes outstanding partnerships between…
Council Awards Programs
The Council Awards are presented annually alongside our Member Meeting and include the Distinguished Service Award and the Scrivner Award for Creative Grantmaking. These two awards have been presented by the Council since the 1980s. The Distinguished Service Award recognizes individual leaders in…
When the process is the product of our endeavors
The Community Foundation of Western Nevada embarked upon a resident engagement initiative in 2013 centering on improving the lives of runaway, homeless and aging-out foster youth, ages 12-24.
Expectations for the estimated 1,300 unsupported young people who experience homelessness in Reno,…
So, what’s your idea? Spurring innovation in your organization
Are you looking for ways to improve innovation at your organization? Sometimes innovative ideas aren’t shared because people don’t know who to take them to. Or, they think that others would judge the idea’s value based on the person contributing it. If you are looking to spur…
Washington Snapshot - April 11, 2014
We are thrilled that spring has finally arrived here in Washington, D.C.! The cherry blossoms are in bloom, and tourist season has begun!
Since next Friday is Good Friday, we will be sending you Snapshot on Thursday afternoon.
Ways and Means Hearing on Tax Extenders
Last week we brought you up to…
Washington Snapshot - April 4, 2014
IRA Charitable Rollover Included in Senate Extenders Bill
The Council’s Public Policy team has been closely tracking a flurry of activity on the Hill this week, as the Senate Finance Committee considered which of the 55 expired “tax extenders” to extend for another two years. The IRA charitable…
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