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.
Briefing on the Tax Bill: Post Ways & Means Mark-up
Please note that the content of this webinar was recorded on May 15, 2025, and is subject to change. Please see the Latest Updates & Resources Page for the most current information.
The House Committee on Ways and Means formally announced last week that it will mark up its tax…
The Council Opposes Tax Increase That Would Hurt Local Nonprofits and Communities
Congress should protect philanthropy’s ability to support causes from food pantries to disaster relief.
Today, House Republicans released the updated text of a tax package, which includes a proposed increase in the excise tax on net investment income for private foundations. In addition to a…
One, Big, Beautiful Bill: Impact on Philanthropy
With many of the provisions in the Tax Cuts and Jobs Act (TCJA) (P.L. 115-97) expiring at the end of 2025, the 119th Congress is crafting tax legislation through the reconciliation process that will extend the TCJA and included the Republican majorities’ priorities. Read more about the budget…
The Charitable Sector Urgently Needs Your Voice
The charitable sector urgently needs your voice. On Tuesday, May 13, Congress will begin considering a tax package that will likely include a substantial increase to the excise tax on net investment income for private foundations. For the largest private foundations, it may expand to as much as 10…
Tell Your Members of Congress to Protect Philanthropy
Find your member of Congress and their contact information
We're asking you to reach out to your Member of Congress to voice concerns with provisions in the tax bill that could impact philanthropy. You may only have a couple of minutes to make your point as staff will be receiving similar requests…
Washington Policy Brief
With shifts and pivots coming almost daily, we’ve been keeping an eye on the news out of Washington and its impact on the charitable sector. This policy briefing will provide a space for the Council staff to brief attendees on the latest policy changes and to identify ways for funders to take…
From Community to Movement: How collective action for social change starts and grows
Social movements are responsible for most of the positive changes in our politics, economics, and culture. But the process of building one – with real people struggling with real problems – can be mysterious. In this session, participants will learn how to recognize a movement and how its elements…
Puppy Room
Need we say more? Start your morning off right by visiting our puppy room and hugging a lovable, adoptable pup. We are partnering with Spot's Last Stop Canine Rescue to bring the joy of puppies to Leading Locally 2025.
Sponsored by Prebys Foundation
Puppy Room
Need we say more? Start your morning off right by visiting our puppy room and hugging a lovable, adoptable pup. We are partnering with Spot's Last Stop Canine Rescue to bring the joy of puppies to Leading Locally 2025.
Sponsored by Prebys Foundation
Washington Snapshot: More budget reconciliation updates
In this edition of Washington Snapshot we share additional budget reconciliation updates as several House Committees began markup. Plus, House oversight agenda, "skinny" budget, Executive Order roundup, pending state legislation, and more.
Losing Tax-Exempt Status
Legal Compliance Guidance
It is extremely rare for an organization to lose its tax-exempt status. When it happens, it's typically the end result of a three-step process: (1) The IRS conducts an examination of the tax-exempt organization; (2) the IRS issues a letter to the organization proposing revocation; then (3) the…
Risk Management Resources
Legal Compliance Guidance
Internal Risk Management for Foundations
In response to the ongoing changes to the legal and policy landscape, it has become increasingly important for foundations and charitable nonprofits to engage best practices for mitigating their potential legal and operational risks. We worked with outside…
Washington Snapshot: Charitable Rollover Facilitation and Enhancement Act introduced
In this edition of Washington Snapshot we share our recent joint statement with Independent Sector, National Council on Nonprofits, and United Philanthropy Forum on protecting the independence of the charitable sector. Plus, budget reconciliation, DOGE updates, AmeriCorps, tax legislation in…
Threats to Civil Society and the Independence of the Charitable Sector
Joint Statement by the Council on Foundations, Independent Sector, National Council of Nonprofits, and United Philanthropy Forum on Threats to Civil Society and the Independence of the Charitable Sector
On behalf of the charitable sector, we oppose the Trump administration’s stated intention to…
Membership FAQs
Since 1949, the Council on Foundations has been dedicated to advancing the greater good, and we couldn’t do it without the support of our incredible member community. A heartfelt thank you to our returning members and a warm welcome to new members joining the Council! We’re excited to have you with…
HR Philanthropy Collaborative - June 2025
This is a peer-led space designed to connect you with human resources leaders at foundations across the country. The group will build meaningful relationships, share resources, and provide a consistent opportunity to engage in collaborative troubleshooting in a trusted environment. Meeting every…
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