In this issue:
- Latest on Tax Extenders Movement
- Wyden Elected Joint Committee on Taxation Chair
- Other Interest Groups Speak Up on Tax Reform
- Regulatory News
- Philanthropy News and Op-eds
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:
Silicon Valley Community Foundation is in the heart of the San Francisco Bay Area, close to the campuses of companies like Google, Facebook and Apple. Companies like these have made the region a leader in the global economy and a hub of innovation. The Bay Area is home to a diverse population of more than 7 million people, a number expected to grow by 2 million by 2040. Where will these people live and work? What impact will they have on our air, water, open space, traffic and climate?
You MUST register yourself for the conference. All speakers receive complimentary registration for your speaking day. Speakers may also register for the entire conference at a discounted rate of $600. If you have already registered for the conference you will not need to register as a speaker. We updated your registration to reflect that you are a speaker.
To only register for the day you are speaking, use the discount code provided to you in your speaker welcome email.
The proudest moment of Ruben Garcia’s life was when he watched his first child graduate from Boulder High School last spring.
The father of three and his wife know how much it took for their son to reach the important milestone. They will tell you that their work with him started before preschool.
The U.S. Department of Housing and Urban Development, in partnership with the Council on Foundations, presented the 2016 Secretary’s Award for Public-Philanthropic Partnerships.
Jim Clifton, President and CEO, Gallup
Every day, Council members stand at the forefront of innovation, explore creative ways to advance the common good, and find solutions for complex issues in society. For this, the Council's Awards Program was established to recognize excellence in philanthropy and to honor exemplary leaders for their dedication to uplifting the sector.
As we continue this legacy, we'd like to congratulate and honor the winners of the 2016 Distinguished Service Award, Robert Scrivner Award for Creative Grantmaking, and Wilmer Shields Rich Award for Excellence in Communications.
The Community Foundation of Western Nevada embarked upon a resident engagement initiative in 2013 centering on improving the lives of runaway, homeless and aging-out foster youth, ages 12-24.
Are you looking for ways to improve innovation at your organization? Sometimes innovative ideas aren’t shared because people don’t know who to take them to. Or, they think that others would judge the idea’s value based on the person contributing it. If you are looking to spur innovation at your organization, consider creating an online tool to collect ideas.
In this week's Washington Snapshot, you'll find: