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FEATURED EVENT
Global Grantmaking Essentials
Practical Solutions for Foundation Staff Making Grants Abroad
October 9, 10, 16, 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 - January 8, 2016
Executive & Regulatory News
Treasury, IRS Withdraw Proposed Rule for Gift Substantiation
Yesterday, the Treasury Department and the IRS announced it has withdrawn the proposed rule that would have created an alternative way for charitable organizations to acknowledge and substantiate gifts…
Philanthropy Week in Washington 2016
April 11 - 15, 2016
Philanthropy Week in Washington provides the opportunity to highlight the role and power of philanthropy in our country and across the globe. During Philanthropy Week in Washington, we shine a spotlight on American philanthropy’s critical role as a unique stakeholder in…
Super Bowl Tailgate (Overtime): Legal Lunch Series with Legal Affairs
Members View the Recording and Slides
We know it can be difficult navigating the X’s and O’s of exempt organization compliance. Our play callers, Suzanne Friday and Bryan Del Rosario, are here to help. In this Legal Lunch Series, Suzanne and Bryan will draw up plays and pass along…
Governance Basics- Board Structure, Committees and Delegation and Policies and Procedures
Download the Presentation Slides
In partnership with Guidestar, this webinar reviews some of the fundamental issues associated with board governance. Topics include:
board structure (size and composition);
the role of committees and the board’s ability to delegate; and
the necessary…
A Historic Victory for Philanthropy
Today we celebrate a major victory for community foundations and your donors.
The charitable “tax extenders” are no longer “extenders” that must be reinstated each year, but have become a permanent part of our tax code. In a historic vote, Congress passed the IRA Charitable Rollover into permanent…
Charitable Community Applauds Congress's Historic Deal on Tax Incentives for Charitable Giving
Charitable organizations from around the country applaud Congress for the bipartisan, bicameral passage of the Protecting Americans from Tax Hikes (PATH) Act of 2015.
The legislation will enhance charitable giving by making three essential tax incentives permanent, demonstrating a commitment from…
President Signs IRA Rollover into Law
Today we celebrate a major victory for community foundations and your donors.
The charitable “tax extenders” are no longer “extenders” that must be reinstated each year, but have become a permanent part of our tax code. In a historic vote, Congress passed the IRA Charitable Rollover into permanent…
Washington Snapshot - December 18, 2015
Washington Snapshot will be taking a break for the next few weeks during the holidays. Our offices will be closed from December 25th—January 1st, but we wish all of our readers a happy and peaceful holiday with family and friends! Snapshot will return on Friday, January 8th.
News from the Hill
One…
Senate Makes IRA Rollover Permanent
Just before noon on December 18, the Senate voted to pass the Protecting Americans from Tax Hikes (PATH) Act making the IRA Charitable Rollover permanent law.
The bill, which passed the House on December 17, also makes permanent the enhanced deductions for conservation easement and food inventory…
2015 Year in Review
Friends and Colleagues,
Last December, I spoke of 2014 as a Year of Action, and it was! We began putting into place the programs, services, and staff we knew would provide value to our members. In 2015, we’ve begun to see these foundational investments pay off, and I hope you’ve begun to see how…
The House Passes Permanent Charitable Extenders
Moments ago the House of Representatives passed the PATH Act making the IRA Charitable Rollover and two other charitable giving incentives permanent law. Members of the House showed strong bipartisan support for these important measures with a vote of 318 - 109.
“This is a major victory for…
Washington Snapshot - December 11, 2015
News from the Hill
Extender Negotiations Coming Down to the Wire
Make Your Voice Heard! Despite efforts to pass a “tax extenders” package with a federal spending bill by today’s deadline, negotiations between Congressional Democrats and Republicans reached a stalemate—forcing the passage of…
Addressing inequality amid plenty – the SDGs and the United States
This article appears in the December 2015 edition of Alliance Magazine.
The Sustainable Development Goals (SDGs) provide an opportunity to not only address challenges in developing countries, but also to make progress on many of the same challenges that persist in ‘developed’ countries.
Each of the…
Council on Foundations Statement Regarding Its Focus on Strengthening Philanthropy
Today, the Council on Foundations releases the following statement from its Vice President of Communications Jesse Salazar:
“The Council on Foundations provides leadership opportunities and tools philanthropic organizations need to make a meaningful difference in the life of communities. As a…
Washington Snapshot - December 4, 2015
Take Action Now on Extenders
Hundreds of thousands heard the message!
Yesterday marked the kickoff in a series of days over the next three weeks when the Council and our colleagues in the field will commit 5 minutes for philanthropy, and connect with Members of Congress about reinstating the…
Pennsylvania Philanthropy Conference Sessions
Monday, April 25, 2016
Community Foundation Day
8:00 a.m. - 9:00 a.m. – Breakfast & Registration
9:30 a.m. - 10:45 a.m. – Opening Plenary: Benefits (and Pitfalls) of State Tax Credits for Community Foundations
Community foundations in several…
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