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About the Council

https://cof.org/about
The Council on Foundations is a nonprofit membership association that serves as a guide for philanthropies as they advance the greater good. Building on our 75-year history, the Council supports over 1,000 member organizations in the United States and around the world to build trust in philanthropy…

Resources

https://cof.org/resources
This section features all legal, best practices, sample documents, and resources we believe can help grantmakers and foundations. Some of these items are only available to members.

Community Foundation Locator

https://cof.org/page/community-foundation-locator
Find community foundations in your area.

Military Aid: How Grantmakers Can Support Military Personnel

https://cof.org/content/military-aid-how-grantmakers-can-support-military-personnel
Americans may disagree about various aspects of war, but there is broad support for helping the men and women who are fighting in wars and the families they have left behind. Dedicated assistance groups are working to provide aid to military personnel and their relatives. This article surveys the…

Guidance on Closing a Private Foundation

https://cof.org/content/guidance-closing-private-foundation
There's more to closing down a private foundation than packing up and turning off the utilities. Here are some questions, considerations, and IRS directions.Sometimes it is time for a private foundation to disappear—assets may have dwindled significantly or family members no longer share a common…

Starting a Foundation

https://cof.org/content/starting-foundation
Does the Council on Foundations provide assistance with starting a foundation? Can we join the Council before our foundation is formed? What are the general steps in starting a foundation? Should we set up our foundation as a trust or a corporation? What are the costs of starting a…

Considerations for Working With 501(c)(3) NIL Collectives

https://cof.org/content/considerations-working-501c3-nil-collectives
More than 120 “NIL collectives” have been established in the U.S., many of them as tax-exempt 501(c)(3) nonprofit organizations, to raise funds and enter into agreements that compensate student-athletes at specific higher-education institutions in exchange for using the student-athlete's name,…

Sample Board Resolution for Scholarship Funds

https://cof.org/content/sample-board-resolution-scholarship-funds
Editable Board resolution for approving scholarship policies and procedures.  This sample document is being provided for informational purposes only and is not to be shared without the permission of the Council on Foundations. Use of the sample document does not create an attorney-client…

Sample Scholarship Fund Agreement

https://cof.org/content/sample-scholarship-fund-agreement
This document is an editable agreement between donors and the foundation to establish a scholarship fund. This sample document is being provided for informational purposes and is not to be shared without the permission of the Council on Foundations. Use of the sample document does not create an…

Scholarships

https://cof.org/content/mfl-scholarships
Part of Mastering Foundation Law Providing scholarships to individuals is a popular method of charitable giving in the U.S. But following the U.S. Supreme Court's decision in Students for Fair Admissions v. Harvard and the ongoing Alliance for Equal Rights v. Fearless Fund case,…

Webinar Recording: Transforming Community Foundation Scholarship Programs from Administrative Burdens to Strategic Assets

https://cof.org/content/webinar-recording-transforming-community-foundation-scholarship-programs-administrative
Download the Presentation Slides With the Stanislaus Community Foundation, National College Access Network (NCAN), and the Council on Foundations' Legal Team and Director of Community Philanthropy, this webinar explores key findings from a recent white paper published by NCAN on the topic…