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.
The Council on Foundations Job Board
The Council on Foundations Philanthropic Career Center is the home for foundation careers and jobs in the United States and around the world. This job board is the premier recruitment site for foundations looking to hire foundation professionals.
In this week's Washington Snapshot:
This post also appeared as an op-ed in the Huffington Post on July 19, 2016.
Sustainability. Quality education. Poverty reduction. Gender equality.
If this list sounds familiar to individuals working in philanthropy or non-profits in the U.S., it should. Our sector is synonymous with these issues in part because our nation suffers from many of them, despite being the wealthiest country on the planet.
A new report released today by the Council on Foundations highlights the critical role that U.S. philanthropy plays in helping to realize the United Nations’ 2030 Sustainable Development Goals (SDGs). The study, “From Global Goals to Local Impact,” outlines in detail how the new global development framework is universally applicable to the work of U.S. foundations, and presents concrete ways in which funders can integrate the SDGs into their domestic grantmaking.
Many of our members are working with grantees on the ground in countries and communities directly impacted by terrorist violence, all over the world. Alongside partners like the Center for Disaster Philanthropy, the Council is tracking how and where philanthropy is responding to these attacks, and we will share what we find with our members.
Crises where our international partners have established funds:
Everyone who works in philanthropy has a different and interesting story of how they “found” the field. For many, it is a story of starting in philanthropy after a long career in another industry. Others tell a different story: you need not wait to become a philanthropist. Around the world, a growing movement of young people is not waiting to be a part of the change made possible by philanthropy.
What are the Sustainable Development Goals and how is the Council involved?
The Sustainable Development Goals (SDGs) is a 17-goal framework for global development. These global goals provide a framework for foundations to lead together with governments, civil society, and the private sector for the next 15 years to create a better world, in the US and around the globe.
How Philanthropy Can Help Achieve the
U.N. Sustainable Development Goals in the U.S.
As implementation of the 2030 Sustainable Development Goals becomes a priority of the world, philanthropy has an opportunity to make an impact. This report from the Council on Foundations examines how U.S. funders can view their work in the global development framework and contribute to the success of the goals in the United States.