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.
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
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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…
Washington Snapshot: JCT Estimates Number of Itemizers Will Decrease Under New Tax Law
In This Week's Edition of Snapshot…
JCT Estimates Number of Itemizers Under New Tax Law
IRS Issues Guidelines on New Opportunity Zones
FEMA Seeks Youths
Commerce Releases New Strategic Plan
In the States: SALT Workaround Bills Advance
News from the Hill
JCT Estimates Number of Itemizers Under…
Federal Budget
The Council provides an analysis of the annual president's budget request and congressional appropriations measures focusing on proposals that may affect foundations and the broad nonprofit sector.
Historically, budget requests put forward by the Administration serve as a messaging…
Career Pathways Builds Strong Foundations
When I first learned of the Council on Foundations’ Career Pathways program, I wasn’t sure whether I should apply. I was interested by the programs’ goal to increase the number of people of color in senior and executive positions in philanthropy and to thereby deepen capacity for impact in the…
Global Philanthropy Newsletter—February 2018
Last week in Mexico City, the Council co-hosted the first ever North American Community Foundations Summit, which brought together more than 200 leaders to discuss how we can truly leave no one behind and achieve the SDGs in North America by 2030. It was a powerful conversation about our shared…
Washington Snapshot: Congress Ends Brief Shutdown, New IRS Commissioner Officially Nominated
In This Week's Edition of Snapshot:
Brief Government Shutdown Ended with Passage of Budget Deal
Trump Administration Releases 2018-19 Budget
Repeal of Johnson Amendment Raised at National Prayer Breakfast
President Trump Officially Nominates New IRS Head
FEMA Requests Comments on Natural Hazard…
990 PF Storytelling
Members, View the Recording
Have you read your institution's 990-PF lately? Have you ever stopped to think what headlines it might inspire? The IRS recently started releasing e-filed Forms 990 and 990-PF as machine-readable, open data. Because the data is now not only open, but digital and machine-…
More Than 80 Philanthropic Leaders Commit to Working Across Borders to Achieve the SDGS in North America
Coming out of a historic meeting that brought together philanthropic leaders from Canada, Mexico and the United States, more than 80 philanthropic leaders have joined in solidarity and pledged to work to reduce poverty and increase opportunity for all across North America. This commitment marks the…
North American Philanthropy: United to Leave No One Behind
More than 200 leaders from across North America gathered in Mexico City for the inaugural North American Community Foundations Summit on February 5-6, 2018.
Out of this historic gathering, the Council on Foundations and event co-hosts Community Foundations of Canada and Comunalia from Mexico…
Inclusive Economic Prosperity in the Midwest
What is Philanthropy's Role in Economic Development?
To understand the role that philanthropy can play in inclusive economic prosperity, it helps to examine the landscape that contributes to a healthy economic ecosystem that is both equitable and innovative.
The Council on Foundations and our …
Veterans Philanthropy Exchange Policy Meeting at the Public Policy Summit
The Council on Foundations’ inaugural Public Policy Summit included specific programing to determine a policy agenda for the Veterans Philanthropy Exchange in Philadelphia, on April 12, 2018.
This meeting of Veterans funders took a deep dive to explore public policy issues foundations could…
2018 HR Summit - Registration
Registration
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If you don't want to register online, you can complete the paper registration form and send it to registration@cof.org.
Registration Rates
Member Rate before April 30, 2018 = $499
Member Rate after April 30, 2018 = $549…
Nonprofit and Philanthropic Leaders Call on Congress to Leave the Johnson Amendment Alone
Nonprofit and philanthropic leaders renewed their call for preserving the Johnson Amendment, the longstanding law that protects their organizations from the divisiveness of partisan politics. The call comes as House Majority Whip Steve Scalise (R-LA) used the National Prayer Breakfast to express…
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