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.

Summary of Accelerating Charitable Efforts Act ("ACE Act")

The ACE Act, sponsored by Sen. Angus King (I-ME) and Sen. Chuck Grassley (R-IA), would modify existing rules relating to donor advised funds (“DAFs”), make certain changes to the rules for the excise tax on undistributed income of private foundations, and exempt certain private foundations from the…

Council on Foundations Opposes the Accelerating Charitable Efforts Act (ACE Act)

On June 9, 2021, Senators King (I-ME) and Grassley (R-IA) introduced the Accelerating Charitable Efforts (ACE) Act. The Council on Foundations opposes this legislation. The bill has several provisions that would negatively impact the philanthropic sector, including: Establishing new and…

Reflective Break: Summarize It

Join your fellow conference attendees for a fun activity to exchange thoughts and lessons learned from Leading Together 2021. We will utilize a Jam Board to help attendees visualize concepts and takeaways to ensure you can continue to share the knowledge you gained with your colleagues and networks.

Reflective Break: Goal Setting

It’s always a good time of year to set goals! Whether you’ve kept up with your professional or personal goals or need a reset (no judgment!), join us for this quick session to get you back on track with your goals for 2021 and beyond.

HUD Secretary's Award for Public Philanthropic Partnerships

The Secretary's Award for Public-Philanthropic Partnerships recognizes cross-sector partnerships between the philanthropic and public sectors that effectively increase the quality of life for low- and moderate-income residents across all American geographies—urban, suburban, and rural.…

Town Hall: Unveiling the Council's New Strategic Direction

How can philanthropy meet the needs of our communities and our world with fierce urgency? What does philanthropy need from the Council to be able to shape a future that is better for everyone? The board and staff of the Council on Foundations, with generous member guidance, have created a new…

Leading Together 2021 - All Programming

  All programming

Raising the Bar: How can Philanthropy Help Build a Better Future for Everyone?

Sponsored by Walton Family Foundation How do we rebuild in the wake of a series of global crises? And what is philanthropy’s role in the work ahead? Hear compelling visions from three innovative thinkers with different perspectives on and experiences with philanthropy as they motivate and…

Designing Women: Why Women of Color Hold the Key to True Equity

Join us for a conversation with a group of highly experienced women of color from different sectors within philanthropy and investment who coalesced to create a Design Council, ultimately helping to build the investment strategy of a major foundation. We’ll share both their vision for the…

Community Foundations as Civic Homes

In 2020, a cohort of five California community foundations partnered with Justice Funders to imagine new possibilities for the future of community philanthropy. We explored concepts of civic identities and political journeys, questioned our notions of what makes a home and co-created a vision of…

The Family Giving Lifecycle: Orienting Toward Effective Outcomes

While every philanthropic family is unique, there are common points of inflection. The NCFP Family Giving Lifecycle names those inflection points and provides questions for donors to ask at each stage, recognizing that philanthropy is iterative and ever-evolving. This session will share the…

Centering Black Community Voices in Pandemic Response – Regional and National Approaches

Join a conversation about how two community foundations stepped up to respond to the Pandemic. Early in the Pandemic, the Community Foundation of Greater Flint convened the Greater Flint Coronavirus Taskforce on Racial Inequities building on the lessons of the Flint water crisis. The East Bay…

Crisis, Connection, & Collaboration: Learning and Growing Impact in a Challenging Year

2020 forced everyone to think differently. For many communities in East Texas and Louisiana, the crisis of the pandemic was an additional blow to families already struggling due to devastating storms and chronic systemic disparities. However, new opportunities have emerged spurred by the…

Introducing Ethos: A Way to Address Dilemmas with Empathy and Integrity

To make progress on the urgent challenges faced today, we need to stop funding just the “usual suspects” and bravely invest in movements and traditionally under-funded changemakers. Choosing equity isn’t without risks. Philanthropists and those who support them face many ethical…

Strategies for Shifting Power

Do your foundation’s policies and procedures reflect a changing philanthropy that raises the bar on diversity, inclusion, and equity? Learn about one global foundation’s journey to ensure that grassroots partners have a place at the table and that their voices are heard. During this…

Bridging Across Toxic Political Division

The violent breach of the U.S. Capitol represents only the beginning of the destructive effects toxic polarization will bring to America if left unchecked. Researchers see America’s polarization crisis as closer to political sectarianism -- and they point to how so many of us perceive those…
Subscribe to Family Foundations