A video series featuring leaders sharing their insights about their organizational journey to become more diverse and inclusive and lessons learned along the way. All videos are close captioned.
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.
From TCC, which developed the Core Capacity Assessment tool, this resource investigates how organizations can put these core capacities to work in achieving organizational sustainability in difficult economic times.
From GEO, what does it mean to truly and authentically engage a community in evaluation? Grantmakers working on place-based grantmaking already have the incentive and drive to support in-depth evaluation to understand the impact of the initiative and to identify opportunities to improve their work. Effective evaluation of these complex and multi-facetted efforts is grounded in the perspectives of community stakeholders.
From GEO, collective action is an effective way for nonprofits to increase their impact, but they often lack the key capacities that enable these types of partnerships to thrive. This publication offers insights on the core capacities nonprofits need to collaborate and how funders can help.
This sample grant proposal review worksheet may be used by staff or board to help rank your findings.
This sample declination letter can help you inform grant applicants that their grant proposal was not accepted.
The following are some of the models that are used for staffing family foundations. Many families use variations on these models or a combination of them. Any of them can be effective, depending on what is important to the family. The two major considerations, and they are linked, are: how much time do family members have to give to the foundation? How much hands on development and control do family members want? In addition, the geographic location and the expertise or experience of trustees will have a bearing.