Corporate tax integration (“corporate integration”) is a tax reform topic that Senate Finance Chairman Orrin Hatch (R-UT) has been discussing for some time now. Chairman Hatch has indicated his intent to present a corporate integration proposal by the end of June 2016.
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. You can use the filtering options on the right to narrow these results.
Sharing knowledge with stakeholders is an important part of many nonprofit programs, but what does this look like? To answer this question, the Cornerstone OnDemand Foundation and NTEN: The Nonprofit Technology Network surveyed nonprofits and foundations to understand the most common online learning strategies organizations are using to train their employees, volunteers, and beneficiaries. Join us for this webinar to get an early look at the insights gained from the survey and discover how your organization aligns with others in the sector.
When we face a new challenge, one of our first instincts is to reach out to someone for advice. By collaborating, sharing resources, and discussing common challenges, you and your peers multiply your impact and advance the common good.
The Philanthropy Exchange is an online platform devoted to foundation professionals to collaborate, share, and learn within a community of peers, that includes archiveible and searchable discussion boards and libraries. It is so much more than just a list sever.
This report offers the most comprehensive information available on staff composition and compensation for U.S. foundations. The 2015 Full Grantmakers Salary and Benefits Report:
In this week's Washington Snapshot:
- Ways and Means Making Progress on Tax Reform Plan;
- Race-Based Scholarships and Proving an Applicant's Status;
- California Bill Seeks to Mandate Website, Fundraising Text for Organizations Throughout the U.S.;
- Shareholder Activism Targets Lobbying Disclosure.
Read all this and more, online now!
Connectivity is a path to greater opportunity. In today's world, having access to broadband and fluency with technology fuel economic growth, provides access to the better paying jobs, promotes skill development, and builds stronger and more connected communities.
In this week's Washington Snapshot:
This is the Council on Foundations team reporting from the 33rd Annual Representing and Managing Tax-Exempt Organizations Conference. This conference is the best-attended EO conference in the United States, and we are thrilled to see so many of our members and colleagues here.