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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.
Council on Foundations Congratulates Vikki Spruill on Her Appointment to Become President and CEO of the New England Aquarium
Today, the Council on Foundations released the following statement from Javier Alberto Soto, President of the Miami Foundation and Chair of the Board of Directors for the Council on Foundations:
“On behalf of the Board and staff of the Council on Foundations, we congratulate Vikki Spruill on her…
Washington Snapshot: Congress Races to Prevent Government Shutdown, Trump Administration Shake-Up
In This Week's Edition of Snapshot…
Congress Set to Vote on Omnibus Ahead of Friday Deadline
A Recap of Foundations on the Hill 2018
President Trump Shakes-Up Administration
FEMA Announces Webinars to Discuss Strategic Plan
In the States: Expanding Minnesota Non-Itemizer Deductions, Donor…
Global Philanthropy Newsletter—March 2018
This month, work on public policy that impacts philanthropy has been a large focus across the Council. Most relevant to global grantmakers, I’ve been working with partners on the US Foreign Agent Registration Act (FARA). There are more than seven bills currently proposed in the House and Senate…
Philanthropic Leaders Converge on Capitol Hill to Shine Spotlight on Veterans Health Issues
The Council on Foundations’ Veterans Philanthropy Exchange hosted a congressional briefing to highlight work underway in veterans’ healthcare and mental health services for transitioning veterans. The briefing, which included leaders from Bristol-Myers Squibb Foundation, Robert R. McCormick…
Washington Snapshot: Congress Continues Budget Discussions, Council Submits DAF Comments
In This Week's Edition of Snapshot…
Budget Conversations Continue on Capitol Hill
Council and ICNL Hold Congressional Briefing on FARA
Council Submits Comments to Treasury/IRS on DAF Situations
POTUS Nominates IRS Chief Counsel
White House Chief Economic Advisor Resigns
In the States: SALT…
Council Comments on Treasury/IRS DAF Notice 2017-73
The Council on Foundations wrote, on behalf of our members, to the U.S. Department of Treasury and Internal Revenue Service (IRS) in response to Notice 2017-73—which was released on Dec. 4, 2017, and requested comments on the application of penalties with respect to donor advised…
2018 Endowments & Finance Summit
Access Endowments and Finance Summit Resources
The Endowments & Finance Summit, the leading forum at the nexus of philanthropy, finance, investment, and policy is where C-Suite foundation leaders go to explore the shifting forces in the investment landscape; gain invaluable insights on…
Schedule
Thursday, September 6
8:30 a.m. - 9:15 a.m.
Networking Breakfast
9:15 a.m. - 10:30 a.m.
Opening Plenary - Harnessing the Momentum, Finding Opportunities, Building Stronger Futures
11 a.m. - 12:15 p.m.
Concurrent Sessions
Educating Your Board: The Rise of Impact /…
Plenary Sessions
Opening Plenary — Engage, Educate, and Empower: Philanthropy’s Voice in the Public Policy Arena
Wednesday, April 11, 6:30 - 8:30 p.m.
We are in a unique moment in our history. The day’s political debates increasingly divide our country. Philanthropy has a role to play in…
Opportunity Zones - A Value to Your Community?
Fundamentals
What are Opportunity Zones?
Created by changes to the tax code in the Tax Cuts and Jobs Act in December 2017, Opporunity Zones are state-nominated, economically depressed communities that are in need of new investment. These investments could, under certain circumstances, be eligable for…
International Women's Day: Perspectives in Philanthropy
International Women’s Day is a global celebration of the social, economic, cultural, and political achievements of women. This day also marks a call to action for accelerating gender parity. The philanthropic sector is especially poised to take on this action.
The 2018 theme for International…
Grantmaking Innovation: Using a Competition Model to Fund Bold Ideas
Members, View the Recording
Prizes, challenges, and competitions can bring new awareness to critical issues, help grantmakers reach beyond their existing networks, and connect participants with new resources. But they are not easy to do well.
Join the Council for a discussion between two…
Private Philanthropy Update - March 2018
Earlier this month, President Trump released his budget proposal for the 2019 fiscal year, which proposes cuts to federal agencies and grant programs like the statement in support of NEA and the importance of public-private partnerships.
In 2011, NEA brought together several foundations, federal…
Washington Snapshot: Ways and Means Holds Budget Markup, Senior IRS Official Resigns
In This Week's Edition of Snapshot…
Ways and Means Committee Adopts FY 2019 Budget Views and Estimates Letter
Senior Treasury Official Leaves Agency Amid Tax Reform Implementation
In the States: SALT Workaround Bills Advance
News from the Hill
Ways and Means Committee Adopts FY 2019 Budget Views…
State Level SALT Work-Arounds: What Do They Mean for Philanthropy?
Members, View the Recording
With the passage of tax reform and the repeal of the state and local tax (SALT) deduction, a handful of high-tax states—such as New Jersey, California, and New York—have been considering proposals to alleviate the new burden their residents will now face. Many of these…
Webinar: The Foreign Agents Registration Act (FARA) and Dangers to US Nonprofits
View the Recording
The Foreign Agents Registration Act (FARA) is front page news in the wake of Russian involvement in the 2016 U.S. Presidential election. Since its enactment in 1938, FARA has been rarely enforced, but Congress has recently considering several bills to increase its implementation…
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