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. You can use the filtering options on the right to narrow these results.

In this issue:

  • Registration is Open for 2014 Annual Conference: Philanthropy Exchange
  • #CF100
  • Second Philanthropy Week Webinar Announced
  • The Council visits the Lilly Family School of Philanthropy at IUPUI

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Get Prepared for Philanthropy Week in Washington
Wednesday February 19th from 3-4pm EST

As Philanthropy Week quickly approaches we are excited to offer a webinar geared at getting you up-to-speed on the latest happenings in Washington!

This blog was originally posted on Philanthropy Northwest's website.

In this issue:

  • Philanthropy Week in Washington
  • President's State of the Union Address
  • Tax News
  • Baucus' Path to China

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The following infographic was prepared by Mark Neithercut, of Neithercut Philanthropy Advisors. You can also see his earlier graphic, Six Misconceptions About Family Foundations.

The Council on Foundations is pleased to announce the first of two webinars we will offer in preparation for the upcoming “Philanthropy Week in Washington” and “Foundations on the Hill.”

“Creating Effective Stories that Lawmakers Will Remember” will offer tips and tools for crafting an effective message to deliver to your policymakers. We’re pleased to offer this webinar in partnership with the Congressional Management Foundation, which has done extensive research on best practices for influencing lawmakers.

In this issue:

  • Philanthropy Week in Washington
  • Tax Policy Happenings
  • Omnibus Spending Bill

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