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.

Philanthropy holds a unique role in American society. Philanthropic leaders and foundations play a significant role fostering vibrant communities across our country. The Council supports this role and regularly brings foundation leaders together to learn and share from each other.

How do the Sustainable Development Goals relate to domestic challenges in the U.S.?

There are significant challenges facing American communities today, including growing domestic inequality and increased poverty. In Arkansas, members of the philanthropic community work in a variety of innovative and collaborative ways to improve quality of life and create sustainable local communities. 

How do the Sustainable Development Goals relate to domestic challenges in the U.S.? 

There are significant challenges facing American communities today, including growing inequality, quality education, access to healthcare, and climate action. In the Bay Area, members of the philanthropic community work in a variety of innovative and collaborative ways to improve quality of life and create sustainable local communities.

 

 

During this webinar, Council Leadership takes a look back at some highlights from 2015 and a look forward at what’s on the horizon for 2016. Discussion covers the multiple ways in which the Council has fostered community among philanthropic leadership and how our members have played an integral role in building community within their own neighborhoods.

Baltimore Site Session

Baltimore is a much-discussed city impacted by many myths. This immersive site session is intended to help participants understand key aspects of a vibrant city’s philanthropic and civic life. The programming will focus on the ecosystem of factors impacting the long-term vitality of a great American city, and participants will leave with a better understanding of how Baltimore’s leaders are working to address the challenges facing the city.