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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.
Investing in Communities - National Entrepreneurship Month
We all knew that November was going to be a tumultuous month (if you hadn't heard, there's an election today). When the polls close and the dust settles, the country could be set on one of a number of starkly different paths. Perhaps because of this uncertainty, President Obama took the opportunity…
Washington Snapshot - November 3, 2016
Philanthropy News and Op-Eds
The Council Speaks Out on the Value of DAFs
On Thursday, October 27, the Chronicle of Philanthropy released this year’s Philanthropy 400. Of particular note is the fact that Fidelity Charitable Gift Fund moved into the number one spot on the list. Accompanying the list…
Trending in Legal Affairs: Foundation Events, Elections and Political Campaign Activity
On Tuesday, November 8, Americans will go to the polls to elect the forty-fifth president of the United States, 34 Senators, and the entire House of Representatives, as well as hundreds of state and local officials. And while interested parties may urge constituents to get involved and participate…
It’s the Most Wonderful Time of the Fundraising Year
As preparation for winter holidays begin earlier and earlier, the Council wants to provide an important resource for your year-end fundraising and grantmaking activities. The IRS provides a wealth of resources on charitable contribution deductions. While I’d enjoy writing details about each of them…
Members, Send Us Your Conference Ideas!
Registration is open for our 2017 Annual Conference — Leading Together — in Dallas, Texas, next April 23-26, and we are asking our members to help us build the conference you want to attend. We have a call for sessions open until November 4, and we hope you will take this opportunity to share your…
Washington Snapshot - October 27, 2016
News from the Hill
Update on Republican Blueprint for Tax Reform
In June 2016, House Republicans unveiled a blueprint for tax reform. This week, they released a new video to promote and explain the plan. Barbara Angus, chief tax counsel for the majority on the House Ways and Means Committee,…
Trending in Legal Affairs - Halloween Edition: Exorcising Expenditure Responsibility
An inexperienced grants manager was nervous, dreadfully nervous.
One dark evening, a spirited major donor appeared at the community foundation. The donor, wanting to assist with local community improvements, recommended a grant from his donor advised fund (DAF) to the chamber of commerce, a 501(c)(…
Council Submits Letter to Treasury on Forthcoming DAF Regulations
After meeting with senior officials at the Department of Treasury, the Council submitted a letter on October 21, 2016 to Elinor Ramey, Attorney Advisor in the Office of Tax Policy regarding private foundations and how they may use donor advised funds (“DAFs”) to further their grantmaking activity…
Does Your Grantmaking to Conflict Zones Make It There?
From Whitehall Road to Chancery Lane, government officials and charity leaders from numerous countries navigated London’s fashion week chaos last month in their most orthopedic shoes and ill-fighting business attire to discuss barriers to international grantmaking. Specifically, they discussed…
Philanthropy's Impact in Florida
Linking Local Investment to Global Goals
Event Overview
There are significant challenges facing American communities today, including growing domestic inequality, increased poverty and harmful impacts from climate change. In Florida, members of the philanthropic community work in a variety of…
Washington Snapshot - October 20, 2016
News from the Hill
Dynamic Scoring Released for Clinton, Trump Tax Plans
This week, the Tax Policy Center released updated analyses of the Hillary Clinton and Donald Trump plans—factoring in new dynamic scoring calculations that account for the macroeconomic effects of both plans.
According to the…
CGC Urges Clinton, Trump to Preserve Charitable Giving Incentives
The Charitable Giving Coalition (CGC) urged Donald Trump and Hillary Clinton, the major party nominees for President of the United States, to support the full preservation of the charitable deduction in a letter the coalition sent to the candidates this week. Along with preserving the charitable…
Why Apply to Career Pathways?
As the October 31 application deadline for our 2017 Career Pathways cohort draws closer, I thought it important to highlight why the Council believes so strongly in the talent expansion program — and what cohort members get from the experience.
The Council considers its Career Pathways an…
Registration Open for 2017 Annual Conference in Dallas, Texas
Registration is now open for the Council on Foundations’ 2017 Annual Conference — Leading Together — in Dallas, Texas, April 23-26, 2017. The Council’s annual conference is the premier event for the philanthropic sector, and Leading Together promises to be an immersive, thought-provoking experience…
Washington Update LIVE! Post-Election Analysis
Council CEO Vikki Spruill and special guest speakers analyzed the results of the 2016 election and discussed what it all means for the philanthropic sector.
Connie Schultz, a Pulitzer Prize winning columnist, shared her thoughts on the election and its impact on our nation. What does the General…
Working Group Co-Chair Reflects on 2016 Endowments and Finance Summit
The Council on Foundations’ 2016 Endowments and Finance Summit has come and gone, and based on the exceptional turnout and post-event buzz it appears to have been an enormous success. Over 200 foundation leaders, including chief executive officers, chief financial officers, chief investment…
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