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.
Racial Equity Forum: Philanthropy and Government - DC
Council on Foundations and National League of Cities convened the first of three conversations on racial equity. With support from the Lumina Foundation, philanthropic and government leaders came together in DC to raise awareness about the social impact of structural racism while highlighting…
Hurricane Florence: What's Next?
Revisit this co-hosted Webinar to hear perspectives directly from the front lines of disaster impacted areas.
The devastation of Hurricane Florence has wide-reaching impacts that will require strategic, long-term investments. The Council co-sponsored this webinar on Tuesday, September 18, with…
What to Watch at UN General Assembly 2018
This month, thousands of representatives from governments, civil society, and the corporate sector will come together in New York for the 73rd annual United Nations General Assembly (UNGA). Alongside the high-level conversations within the UN, hundreds of side-events will address the world’s…
Veteran's Philanthropy Exchange: Successes and Challenges in Veterans Transition
This is a funders-only meeting to share what funders have learned from their investments in veterans transition and the continuing challenges veterans and their families face as they return to civilian life after military service. Panelists and attendees will share data and metrics, grantmaking…
Creating Inclusive Economic Prosperity Starts with Each of Us
Earlier this week, there was a beautiful bouquet of flowers delivered to my desk.
It was from the Community Foundation team to mark a milestone in my life—and my family’s life. We moved to the Quad Cities four years ago and I began working with an incredible group of people—board members and staff…
Washington Snapshot: House Republicans Push Tax Cuts 2.0, Rettig Confirmation Expected
In This Week's Edition of Snapshot…
Tax Cuts 2.0 Plan is Unveiled
Rettig Expected to Be Confirmed Amid Other Pending Priorities
Primary Elections Held in New Hampshire
State Tax Revenues Vary Due to Federal Tax Law Changes
News from the Hill
Tax Cuts 2.0 Plan is Unveiled
On Monday, the House…
Hurricane Florence
Disaster Overview
Hurricane Florence made landfall along the coast of the Carolinas on Thursday September 13, leading to catastrophic inland rainfall, flooding, life-threatening storm surges and destructive winds.
As more becomes known about the impacts of the storm, this page will be updated…
Career Pathways: Inspirations from Philanthropy
Editor's note: This is part of our blog series featuring current participants in the Career Pathways program. Applications for the 2019 cohort opened in September 5.
On Philanthropy
Service has always been a part of my life. Regardless of our financial disposition, my family found time to give…
Washington Snapshot: Tax Reform 2.0 to be Unveiled, Primary Upset in Massachusetts
In This Week's Edition of Snapshot…
An Update on Tax Reform 2.0
Kyl to Fill Vacant Arizona Senate Seat Left by McCain
Rocky start for Kavanaugh’s Confirmation Hearings
Federal Reserve Board Releases New Publication
Primary Upset in Massachusetts
SALT Workaround Proposed Regulations Cause…
2018 UN General Assembly Philanthropic Side-Events
In September 2018 - representatives from government, civil society, and the corporate sector came together at the 73rd Session of the United Nations General Assembly (UNGA) in New York City to discuss important global challenges, from hunger and poverty to climate change and disaster.
Hundreds of…
2019 HR Summit
The 2019 HR Summit: Building a Culture of Equity, co-hosted by the Council on Foundations and CHANGE Philanthropy, is your unique opportunity to share your personal and organizational journey as it relates to building a culture of decision-making and best practices rooted in equity. This collective…
Crypto-Philanthropy: What You Need to Know
Editor's note: This post is one in a series highlighting sessions for the upcoming Endowments and Finance Summit, held in Washington, DC, on September 6-7. The Summit is where foundation leaders – such as CEOs, CIOs, CFOs, Senior Investment Officers and board and investment committee members –…
Washington Snapshot: Senator John McCain Leaves Behind a Legacy, Treasury Proposes Rules on SALT Workarounds
In This Week's Edition of Snapshot…
Senator John McCain Leaves Behind a Legacy
Senate Passes Spending Bill Package
Treasury Proposes Rules on State-Level SALT Workarounds
Primary Elections Held in Arizona and Florida
States Respond to Work Requirements Differently
Payments in Lieu of Taxes (…
Facebook Live: Serving the Public Good: Exploring Relationships between Public Policy and the Charitable Sector
Join us on Facebook for the closing plenary session at the 2018 Endownments & Finance Summit.
Experts from top economic thinktanks and foundation leaders will discuss the future of philanthropy, highlighting key policy implications and anticipated outcomes of changes in charitable giving. …
Facebook Live: Harnessing the Momentum, Finding Opportunities, Building Stronger Futures
Join us on Facebook for the opening plenary session at the 2018 Endownments & Finance Summit.
Hear from top foundation leaders how they navigated the financial unknowns of the past year and what moves they plan to make in the year ahead to set their organizations up for success.Speakers: …
Putting Down Roots
Editor's Note: As a part of our Inclusive Economic Prosperity in the Midwest convening, we're highlighting stories from the region. This article was originally published in bMag, a publication by the Bush Foundation.
Pakou Hang (BF’11) and her six siblings spent much of their childhood rising…
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