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FEATURED EVENT
Practice and Purpose of Policy
A Training for Community Foundation Leaders
July 30 and August 6, 2024 | 1:00 p.m. - 5:00 p.m. ET
Virtual
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.
New York-Based Arts Program Studio in a School to Receive Chapman Prize
The Council on Foundations today announced that Studio in a School Association, a New York City-based program that serves young people by integrating visual arts into teaching and learning, will be awarded the Chapman Prize at its upcoming Awards Ceremony in Washington, D.C. on November 28.
As the…
Don't Be Caught Off-Guard This Tax Season: A Guide for Navigating the New UBIT Rules
Members, View the Recording
Does your organization provide parking/transportation benefits to employees or do you already file the Form 990-T? If you answered yes to either of those questions, your organization will owe taxes for 2018 and the filing process is going to be different than it was last…
Washington Snapshot: Wyden and Tester Continue Fight to Overturn Schedule B Decision; What Happens with Tax Policy After the Midterms?
In This Week's Edition of Snapshot…
Potential Tax Policy Action During Lame-Duck Session?
Tester, Wyden Still Fighting to Overturn Schedule B Decision
High-Profile Debates in Texas and Ohio, and Election Registration Controversy in Georgia
2018 Ballot Measures on the Nonprofit Radar
News from…
What the 2018 Midterm Outcomes Mean for the 116th Congress
Members, View the Recording
Once the 2018 midterm elections are in the rear-view mirror, the outlook for the 116th Congress’ legislative agenda is becoming clearer. If Democrats end up with the majority in the House but not the Senate, how will a divided Congress agree on legislative priorities to…
Washington Snapshot: TIGTA Releases New Report on Nonprofit Political Activity, Shake-Ups to Come for Ways and Means Committee
In This Week's Edition of Snapshot...
Impending Shake-Up on Ways and Means Committee
Senate Turns to Other Business Now that Kavanaugh is Confirmed
TIGTA Releases Audit of Impermissible Political Activity by 501(c)(4) Organizations
Groups Seek to Preserve State Tax Credits as Charitable…
Rockefeller Brothers Fund President Stephen Heintz to Receive Philanthropy’s Highest Honor
The Council on Foundations today announced that Stephen Heintz, President of the Rockefeller Brothers Fund, will receive the Distinguished Service Award at its upcoming Awards Ceremony in Washington, DC. The Award is philanthropy’s highest honor and celebrates a visionary leader who embodies the…
Hurricane Michael
Disaster Overview
Hurricane Michael made landfall on the Florida Panhandle as a Category 4 storm that resulted in dangerous storm surge flooding, destructive winds of more than 150 mph and flooding rainfall. As it moved inland, Michael also brought heavy rain and strong winds to other parts of the…
Washington Snapshot: Tax Cuts 2.0 Expected to Stall in Senate, Congress Punts Spending Fight to December
In This Week's Edition of Snapshot…
“Tax Cuts 2.0” Passes House, Expected to Stall in Senate
Government Shutdown Averted, December Vote Looms
Tax Writers Remain Hopeful That IRS Reform Will Happen Before Year’s End
Rettig Officially Sworn In to Become IRS Commissioner
Sen. Scott Sends Letter to…
Washington Snapshot: House to Vote on Tax Cuts 2.0, Senators Pushing for a Vote on IRS Donor Disclosure
In This Week's Edition of Snapshot...
House to Vote on Tax Cuts 2.0
Senators Pushing for a Vote on IRS Donor Disclosure
Rettig Swearing-In Expected for Next Week
States Acting Quickly in Aftermath of Hurricane Florence
News from the Hill
House to Vote on Tax Cuts 2.0
Yesterday, the House Rules…
California College Pathways: A Case Study on How Strategic Philanthropy Leads to Systematic Change
The Excellence in Public-Philanthropic Partnerships Exchange (Exchange) hosted a webinar featuring the California College Pathways (CCP) Project, which received the 2018 U.S. Department of Housing and Urban Development (HUD) Secretary’s Award for Public-Philanthropic Partnerships.
This…
Career Pathways Leadership Development: Conversations with Alumni
As the 2018 Career Pathways cohort approaches their final learning session in November, the Council on Foundations is eagerly preparing for the 2019 program. We are anticipating a transformative year with a new group of powerful, dynamic, and talented leaders that are ready to hone their…
Leading Together 2019 Conference - Philanthropic Practice
Effective philanthropy requires leaders that are well versed in the business model, legal and regulatory framework, and political climate in which grantmaking organizations operate. This philanthropic practice programming will provide attendees with knowledge on both emerging and best…
Leading Together 2019 Conference - Bridging Divides
Philanthropy is an important bridge within societies. In today’s world of growing nationalism and division, it has an even more critical role to play. We see funders of all types and sizes working across divides to drive social change, from strengthening democracy and civic engagement…
Leading Together 2019 Conference - Inclusive Economic Prosperity
The economy is rapidly changing. The public and private sectors, anchor institutions, and philanthropy play a vital role in strengthening local economies, and if knitted together, can serve as powerful drivers for building inclusive economic opportunities, ensuring further democratizing of…
Leading Together 2019 Conference - Climate Impact & Vulnerabilities
Throughout history, from the Green Revolution to the proliferation of renewable energy at local levels today, foundations have catalyzed action that helps communities adapt to changing ecosystems. Today, major environmental grantmakers are calling for increased investment in climate…
Nusenda Foundation To Receive 2018 Wilmer Shields Rich Award for Excellence in Communications
The Council on Foundations today announced that it will present the Nusenda Credit Union Foundation with its 2018 Wilmer Shields Rich Award for Excellence in Communications.
Nusenda Executive Director Robin Brulé and members of her team will receive the award at the Council’s Member Meeting and…
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