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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.
Here’s the IRS’s Dirty Dozen List of Tax Scams
It’s officially tax season when the IRS releases its Dirty Dozen List of Tax Scams. We know Council members work hard to be on the right side of the law, but the below info from the IRS can be useful to review with board and staff. Don’t forget, if you ever have a question, the Council’s legal team…
2017 Annual Convening of the Veterans Philanthropy Exchange
Launched in 2014, The Veterans Philanthropy Exchange is a learning and sharing forum for philanthropic grantmakers, donors, and corporate giving programs supporting veterans and military family strategies.
Join your peers for discussions about funder collaboration and collective action, a review…
Washington Snapshot - February 23, 2017
In this Week’s Edition of Snapshot…
Tax Reform Update: House Republicans face growing opposition to border adjustability
Charitable Giving Coalition Spends Day Fighting for the Charitable Deduction on Capitol Hill
IRS makes 1023-EZ data available online
In the States: State budgets (in brief),…
New Podcast: Philanthropy Hour's Conversation with Vikki Spruill
Council President and CEO Vikki Spruill sat down with Philanthropy Hour’s Greg Cherry for an intimate conversation about the impact and value of American philanthropy and the Council on Foundations' role in advancing the common good.
Hear what Vikki considers to be trending in the field, what…
Philanthropy Caucus Reception
Join the Philanthropy Caucus for a social reception to conclude Foundations on the Hill. Network with representatives from a variety of charitable foundations and organizations, lawmakers, and Congressional staff in an event to recognize the role of philanthropy as a unique stakeholder in…
Washington Snapshot - February 16, 2017
In this Week’s Edition of Snapshot…
Tax Reform Update: Mnuchin confirmed as Treasury Secretary, Bishop named to Ways & Means, Trump Administration working on a tax overhaul plan, Congress aims to keep the train on track
IRS seeks to understand how the regulatory ban will impact its work…
Recent Immigration Executive Orders: How is Philanthropy Impacted and Reacting?
Listen to the Recording
The webinar provided an analysis of the impact that President Trump's Executive Order 13769, Protecting the Nation from Terrorist Attacks by Foreign Nationals, may have on your foundation's work domestically and globally.
Council staff and foundation leaders discussed how…
The Private Foundation Minimum Distribution Requirement: The Ins and Outs of Section 4942
Members View the Recording
On March 8th, Suzanne Friday, Senior Counsel and Vice President of Legal Affairs at the Council on Foundation guided us through the ins and outs of the Private Foundation Minimum Distribution Requirement.
This webinar was the first in a new quarterly series called, “Lunch…
Observations from the Field: Vikki Spruill
Over the past several months, Council staff have held conversations with foundation leaders who are grappling with how to understand philanthropy’s role as the new Administration challenges the way our country has traditionally operated. The pace with which significant changes are proposed and…
Council Member Update
Members Access the Recording
Thanks to everyone who attended the first Council Member Update of 2017.
Council President and CEO Vikki Spruill covered why this is such a critical time for philanthropy — and what the Council has planned in the year ahead to help strengthen the field.
Attendees also…
Washington Snapshot - February 9, 2017
In this Week’s Edition of Snapshot…
Tax Reform Update: Council staff meets with Chairman Brady, there is a new member of Ways and Means, and tax bills are not in short supply
The Council sends a letter to Congress about the “Johnson Amendment”
A number of the President’s Cabinet Nominees have…
Call Recording: White House "Border Security and Immigration Enforcement Improvements" Executive Order Explained
On January 27, 2017, President Trump issued an Executive Order on "Border Security and Immigration Enforcement Improvements." Since then, there have been protests in cities and airports around the nation, there have been statements from elected officials on both sides of the aisle, and there has…
Does Trump's Immigration Executive Order Impact My Foundation?
Basic Rights and Rules for Foundations working with Non-US Citizens
Disclaimer: The information in this message and any attachments is being provided for informational purposes only and not as part of an attorney-client relationship. The information is not a substitute for expert legal, tax,or…
Five Trends in Learning and Evaluation
Evaluation and philanthropic learning are essential to driving social change. Here are five trends to look out for in 2017 – and likely beyond:
1. Integrating Evaluation into Strategy
In the philanthropic, nonprofit, and public sectors, and more recently with socially oriented businesses, demand…
Washington Snapshot - February 2, 2017
In this Week’s Edition of Snapshot…
Tax Reform Update: POTUS Meets with Congressional Leaders About Tax Reform
Cabinet Nominations Progress in Congress
Bill Introduced to Allow Expanded Political Activity by Nonprofits
President Trump Issues more Executive Orders
SCOTUS Nominee Announced…
Council on Foundations and HUD Kick Off 2017 Secretary’s Awards for Public-Philanthropic Partnerships
The Council on Foundations and the U.S. Department of Housing and Urban Development (HUD) today launched the 2017 HUD Secretary’s Awards for Public-Philanthropic Partnerships. The Council and HUD are seeking nominations from charitable foundations working with the public sector to improve the…
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