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.
Preventing and Ending Homelessness by Removing Legal Barriers: A Partnership Taking Best Practice to Scale
Members, View the Recording
While housing, employment and other supportive services are critical to prevent and end homelessness, the reality is legal barriers such as bad credit, unpaid child support, unpaid fines and tickets, outstanding warrants and criminal records present a hard stop that…
Navigating the Territory: A Guide to Impact Investing for Donors
You can become an impact investor today. This guide created by The Philanthropic Initiative will help you learn the different options you have for aligning your financial assets with your social goals to help for-profit and non-profit social benefit organizations become stronger and more…
Updates on Global Giving and Non-Tax US Regulations that Impact Funders
Recording
If you have any questions, pleae email legal@cof.org.
Topics included regulations like the Foreign Agent Registration Act (FARA), Foreign Corrupt Practices Act (FCPA), US Treasury’s voluntary anti-terrorism guidelines and more.
ICNL Philanthropy Law Reports
The Reports present timely information on national laws and regulations affecting philanthropy. Each report was authored by a local expert in partnership with the International Center for Not-for-Profit Law.
Civil Society Work in China: Trade-Offs and Opportunities for European NGOs
Enacted in January 2017, China’s Foreign Non-Governmental Organisation Management Law (“FNGO Law”) has been interpreted as the clearest evidence of “shrinking spaces” for civil society in China. This paper, by GIGA German Institute of Global and Area Studies, assesses the wider implications of the…
Veteran's Philanthropy Exchange: 2019 Annual Funders Convening
The transition after active duty service challenges faced by veterans and their families has been the core theme for the Veterans Philanthropy Exchange since 2014, a network of funders and donors interested in supporting veterans and military families. The VPE has developed a learning and peer…
Washington Snapshot: Government Shutdown Set to Continue, New Members in the House Ways and Means Committee
In This Week's Edition of Snapshot…
No End to the Government Shutdown
New Members in the House Ways & Means Committee
Representative King Removed from Committees
Confirmation Hearing for Trump’s Attorney General Nominee
Judge Rules Against Citizenship Question on 2020 Census
State of the…
Why Foundations May Need Directors and Officers Liability
Nonprofit foundation boards often discount the need for ‘D&O’ Insurance. They tend to think because they don’t have shareholders their directors won’t be sued. That’s not the case. Foundations serve large and varied constituencies to whom their boards owe specific duties similar to the duties…
Reflections on Philanthropy
Editor's Note: Stephen Heintz received the 2018 Distinguished Service Award at an awards ceremony on November 28. Below are his remarks on the state of philanthropy from the event.
Thank you. It's customary at a moment like this to profess humility and to note all those who have made such an…
Mexico: From Prosperity to Purpose - Perspectives on Philanthropy and Social Investment Among Wealthy Individuals in Latin America
This report from the Harvard Kennedy School's Houser Institute for Civil Society examines trends in philanthropy and social investment in Mexico.
Telling Stories with Data
Members, View the Recording
These days, foundations increasingly have access to a treasure trove of data from the work of grantees and from public sources. But rather than share these data in spreadsheet format, it’s advantageous to create graphs, tables, maps, and other visual summaries of…
Updates on Global Giving and Non-Tax US Regulations that Impact Funders
Members, View the Recording
Join the Council’s senior counsel Suzanne Friday as she discusses US regulation and compliance issues outside of the U.S. Tax Code that affect global grantmakers. Topics will includes regulations like the Foreign Agent Registration Act (FARA), Foreign Corrupt Practices…
Legal Matters for Corporate and Private Foundations - Philadelphia, PA
Led by Suzanne Friday, Senior Counsel and Vice President of Legal Affairs for the Council on Foundations, and Lindsay Mason, Director of Corporate Philanthropy, this workshop is organized to ensure common legal questions for administering grants, board governance and charitable giving activities…
Washington Snapshot: Congress Postpones Spending Fight, Honors Former President Bush
In This Week's Edition of Snapshot…
Spending Debate Postponed as Congress Honors Former President George H. W. Bush
Bill Including Repeal of New UBIT Provision Pulled from Consideration
Michigan Bill Seeks to Obstruct Nonprofit Oversight
News from the Hill
Spending Debate Postponed as Congress…
Uganda: Data Strategy and Capacity Building
This resource from Foundation Center presents a summary report of a series of workshops on data strategy and capacity building for philanthropy in Uganda.
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