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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.
Washington Snapshot: Tax Reform 2.0 to be Unveiled, Primary Upset in Massachusetts
In This Week's Edition of Snapshot…
An Update on Tax Reform 2.0
Kyl to Fill Vacant Arizona Senate Seat Left by McCain
Rocky start for Kavanaugh’s Confirmation Hearings
Federal Reserve Board Releases New Publication
Primary Upset in Massachusetts
SALT Workaround Proposed Regulations Cause…
2018 UN General Assembly Philanthropic Side-Events
In September 2018 - representatives from government, civil society, and the corporate sector came together at the 73rd Session of the United Nations General Assembly (UNGA) in New York City to discuss important global challenges, from hunger and poverty to climate change and disaster.
Hundreds of…
2019 HR Summit
The 2019 HR Summit: Building a Culture of Equity, co-hosted by the Council on Foundations and CHANGE Philanthropy, is your unique opportunity to share your personal and organizational journey as it relates to building a culture of decision-making and best practices rooted in equity. This collective…
Crypto-Philanthropy: What You Need to Know
Editor's note: This post is one in a series highlighting sessions for the upcoming Endowments and Finance Summit, held in Washington, DC, on September 6-7. The Summit is where foundation leaders – such as CEOs, CIOs, CFOs, Senior Investment Officers and board and investment committee members –…
Washington Snapshot: Senator John McCain Leaves Behind a Legacy, Treasury Proposes Rules on SALT Workarounds
In This Week's Edition of Snapshot…
Senator John McCain Leaves Behind a Legacy
Senate Passes Spending Bill Package
Treasury Proposes Rules on State-Level SALT Workarounds
Primary Elections Held in Arizona and Florida
States Respond to Work Requirements Differently
Payments in Lieu of Taxes (…
Facebook Live: Serving the Public Good: Exploring Relationships between Public Policy and the Charitable Sector
Join us on Facebook for the closing plenary session at the 2018 Endownments & Finance Summit.
Experts from top economic thinktanks and foundation leaders will discuss the future of philanthropy, highlighting key policy implications and anticipated outcomes of changes in charitable giving. …
Facebook Live: Harnessing the Momentum, Finding Opportunities, Building Stronger Futures
Join us on Facebook for the opening plenary session at the 2018 Endownments & Finance Summit.
Hear from top foundation leaders how they navigated the financial unknowns of the past year and what moves they plan to make in the year ahead to set their organizations up for success.Speakers: …
Putting Down Roots
Editor's Note: As a part of our Inclusive Economic Prosperity in the Midwest convening, we're highlighting stories from the region. This article was originally published in bMag, a publication by the Bush Foundation.
Pakou Hang (BF’11) and her six siblings spent much of their childhood rising…
Council on Foundations Statement On Donor Advised Funds
In response to numerous articles in which some media outlets have mischaracterized the intent and impact of donor advised funds, the Council on Foundations released the following joint statement from interim president and CEO Gene Cochrane and Javier Alberto Soto, chair of the Council’s board of…
Preserving Equity among Generations: CPI + 5%
Editor's note: This post is one in a series highlighting sessions for the upcoming Endowments and Finance Summit, held in Washington, DC, on September 6-7. The Summit is where foundation leaders – such as CEOs, CIOs, CFOs, Senior Investment Officers and board and investment committee members –…
Washington Snapshot: Treasury Solicits Input on UBIT Guidance, SALT Workaround Regulations Coming Soon
In This Week's Edition of Snapshot…
Senate Finance Committee Considers Treasury Nominee
Treasury Solicits Input on UBIT Guidance with Notice 2018-67, Releases Priority Guidance Update
SALT Regulations Update
Primary Elections Held Recently in 13 States
In the States: States Weigh Wayfair…
Building a Cultural Epicenter
Editor's Note: In advance of our Inclusive Economic Prosperity in the Midwest convening, we're highlighting stories from the region. This article was originally published in bMag, a publication by the Bush Foundation. Photography is by David Ellis.
On an autumn afternoon in 2017, Abdirizak “Zack”…
ER Causing You Trauma? Diagnosing the Rules and Regulations for Expenditure Responsibility
Members, View the Recording
The steps of expenditure responsibility are the federally-mandated procedures a private foundation (and DAFs) must follow for any grant made to a non-charity. While the rules for exercising expenditure responsibility are relatively straightforward, many issues and…
Awake to Woke to Work: Building a Race Equity Culture
View the Slides
Are you a foundation or nonprofit leader interested in learning more about specific tactics, strategies, and best practices around race equity? If so, you’ll want to join us in an Equity in the Center webinar built on research in our “Awake to Woke to Work: Building a Race…
Career Pathways: Leadership Lessons on Achieving Equity
Editor's note: This is part of our blog series featuring current participants in the Career Pathways program. Applications for the 2019 cohort open in September.
I believe that it is pretty well understood in the sector that we have an imperative in foundation offices and board rooms to ensure our…
2018 Interns: Wrapping Up the Summer
Editor's Note: The Council thanks our 2018 summer interns for their hard work over the past few months. The summer interns were: Ashul Agrawal, Michael Kelly, Reilly Tifft, Caroline Healey, Chris Tian, Ashley Morrison, and Randall Williams.
As the summer is coming to a close, so is our time with…
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