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.
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Field Research: Philanthropy's Response to COVID-19
Lessons and data from the field on philanthropy's response to the pandemic, plus examinations of foundation practices that may become the new normal.
Foundation Practices
Philanthropy and COVID-19: Measuring One Year of Giving - Center for Disaster Philanthropy & Candid (February 2021)…
Letters to Government Officials
At the Council, we leverage our voice on behalf of the philanthropic sector and on issues affecting our members. We reach out to Congress, the White House, and federal agencies when necessary to ensure governmental leadership understands the priorities of philanthropy—and, when appropriate, we…
Philanthropy's Response to 2021 Severe Winter Storms
OVERVIEW
In February, states across the United States saw extreme cold, snow, and ice in many areas unaccustomed to this type of weather. Southern states have seen the largest impact with large-scale power outages, boil water advisories, food shortages, extensive road closures, and deaths. A…
Impact Investing Handbook: An Implementation Guide for Practitioners
External Resource
Rockefeller Philanthropy Advisors published the "Impact Investing Handbook: An Implementation Guide for Practitioners"—180 pages of helping asset owners turn interest into action. Two years in the making, this practical publication features case studies and detailed guidance for individuals,…
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“A time of crisis is not just a time of anxiety and worry. It gives a chance, an opportunity, to choose well or to choose badly.” Archbishop Desmond Tutu
The COVID-19 pandemic forced foundations and nonprofits alike to urgently reconsider their ways of working. Some chose to pull back, while…
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The Council on Foundations today announced the appointment of four nonprofit leaders to its Board of Directors, as well as the renomination of two current members for a second term. New members include: Martha I. Jimenez, Executive Vice President and General Counsel of The California Endowment;…
Values-Aligned Philanthropy
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Over the past several years, anti-democratic extremism, hate speech, and politically motivated violence have increasingly threatened many of the most cherished values in civil society. Although the vast majority of philanthropic funding goes to charities acting to advance the…
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For over 70 years, the Council has supported philanthropy’s efforts to advance the greater good amidst persistent global challenges. Over the past 12 months we have faced crises unlike anything we have seen before, including the recent assault on our democracy. And yet, while the struggles we face…
Career Pathways 2021 Program Information Session
The Career Pathways program is a highly selective pipeline expansion opportunity open to individuals from diverse backgrounds who are currently employed in foundations, grantmaking institutions and industries outside of philanthropy. This leadership preparation course is designed for mid-…
Statement Condemning Violence at the Capitol
On January 6, 2021 at the United States Capitol we witnessed inexcusable acts of violence and criminal behavior as a predominantly white mob attempted to disrupt the rightful certification of the results of a democratic election. This is an unprecedented moment in modern American history and one…
Council on Foundations Holiday Schedule
Our offices will be closed for the holidays between December 24th and January 4th as we take time to relax with loved ones and prepare to face 2021 with renewed enthusiasm and focus.
We know you may have time-sensitive legal or membership questions as you close out 2020. To support you, Council…
Leading Together 2021
This is not your typical year.
This is not your typical Zoom.
From June 14-17, foundation and philanthropic leaders came together to connect on critical issues, engage in transformative conversations, and build the trust needed to create real change.
Featured speakers…
Washington Snapshot: Congress' To Do List
Note: Snapshot will not be published while Congress has adjourned for Thanksgiving recess.
In This Week's Edition of Snapshot...
News from the Council
News from the Hill
Executive and Regulatory Affairs
Happening in the States
News from the Council
Nonprofit Community…
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