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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: Senate Finance Committee to Question Nominee for IRS Commissioner, House Democrats See Major Upset in Key Primary Race
Please note, we will not be sending Washington Snapshot next week due to the 4th of July holiday. We hope everyone enjoys a safe and fun day off!
In This Week's Edition of Snapshot…
Justice Kennedy Announces Retirement
Rettig Hearing
House Leaders Willing to Discuss UBIT Issues for Tax Reform 2.0…
Our Nation's Giving Trends: What Does the Giving USA Report Mean for Foundations?
Members, View the Recording
Charitable giving surged to $410 billion in 2017, the highest ever, according to Giving USA 2018: The Annual Report on Philanthropy for the Year 2017. Foundation grants for the year grew to $67 billion. But can the growth sustain itself and how will future giving be…
Philanthropy's Role in Strengthening Democracy
View the Recording
Join foundations and philanthropy serving organizations from across the country for a webinar on July 11th at 2pm EST. “Philanthropy's Role in Strengthening Democracy” is co-sponsored by Council on Foundations, Independent Sector, and Nonprofit VOTE.
The webinar will cover…
Washington Snapshot: New Study Estimates Charitable Giving Faces $17 Billion Decline in 2018, House Considering New Round of Tax Cuts
In This Week's Edition of Snapshot…
New Study Estimates $17 Billion Drop in Charitable Giving for 2018
Tax Cuts 2.0?
New UBIT Rules for Nonprofits Might be Delayed
Wyden Calls for Investigation in Misuse of Charitable Organizations
2020 Census Public Comment Opportunity
Marc Short Leaving…
Leading Together 2019 Conference - Networking Events
Networking Events
#Leadingtogether2019 is the place to connect with leaders in philanthropy, government, and other sectors — and to create future opportunities for collaboration. While every minute at at the conference is an opportunity to network, these events are tailored for you to…
Leading Together 2019 Conference - Preconference Programming
Preconference Programming
We affered three (3) preconference and three (3) site sessions for attendees interested in diving deep into hot topics impacting philanthropy now and seeing and supporting local philanthropy in action in the field. Sessions took place on Monday, April 29, 2019, from…
Where Are the Children? Family Separation Becomes U.S. Immigration Enforcement Policy
View the Recording
Since October 2017, the U.S. government has forcibly separated at least 2,400 children—including hundreds who are under four years old—from their parents as they arrive on our southern border seeking refuge. Attorneys and other humanitarian aid workers are reporting significant…
Webinar Recording: Lunch with Legal Counsel
Recording
The administrative costs of operating a private foundation often prove too burdensome and can easily swamp the grantmaking activity of private foundations, especially the smaller ones. As such, a foundation may decide to transfer its assets to a Sponsoring Organization to take advantage of the…
The Foreign Agent Registration Act and U.S. Nonprofits Working Internationally
In June 2018, we saw concerning new developments related to the use of the Foreign Agent Registration Act (FARA) in targeting U.S. non-profits that also work internationally. The House Committee on Natural Resources sent a letter to the Natural Resources Defense Council (NRDC) as part of an…
Washington Snapshot: House Continues Attack on Nonprofit Nonpartisanship, Council Releases Analysis of REDUCE Act
In This Week's Edition of Snapshot…
House Appropriations Committee Advances Measure to Weaken Johnson Amendment
New Analysis of the REDUCE Act
Trump Administration to Release Plan for Reorganizing Executive Branch
Primary Elections Held in ME, NV, ND, SC, and VA
In the State: Blue States…
Meet the 2018 Interns
I have been eager to intern at the Council on Foundations since I received my acceptance letter. While coming into this experience, I did not know what exactly the Council was, I am excited to learn more about the sector and help achieve the organization’s goals. I am 1 of 7 interns here at CoF for…
Programming
Thursday, September 6
Opening Plenary - 9:15 am - 10:30 am
Harnessing the Momentum, Finding Opportunities, Building Stronger Futures
We all wish we could predict the future. For many foundation leaders, this superpower would help them plan for and navigate global financial issues that force…
Washington Snapshot: Senate Committee Considers Tax Court Nominees, Highlights of Midterm Primary Results
In This Week's Edition of Snapshot…
Senate Finance Committee Hearing Set to Consider Tax Court Nominees
Sen. Johnson Calls on IRS to Eliminate Schedule B
Start Now Helping Your Community Prepare for the 2018 Hurricane Season
Primaries in CA, IA, and MT Highlight Busy Primary Day Across the…
Washington Snapshot: Charitable Giving Discussed in Senate Hearing, Attacks Against Nonprofit Nonpartisanship Continue
In This Week's Edition of Snapshot…
Bill Targeting University Endowments and Contributions Introduced
Charitable Giving Discussed at Senate Hearing
Attacks Against Johnson Amendment Continue
Ways and Means Announces Subcommittee Updates
IRS Provides Guidance for Grantmakers and Donors…
Lunch with Legal Counsel: Private Foundations and DAFs
Members, View the Recording
The administrative costs of operating a private foundation often prove too burdensome and can easily swamp the grantmaking activity of private foundations, especially the smaller ones. As such, a foundation may decide to transfer its assets to a Sponsoring Organization…
Council on Foundations Announces Hiring of New Vice President of Diversity, Equity, and Inclusion
The Council on Foundations has named Ruth LaToison Ifill as its new Vice President of Diversity, Equity, and Inclusion. She will lead efforts to develop and implement strategic initiatives, tools, educational programs and opportunities that foster a culture of diversity, equity and inclusion among…
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