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.
Washington Snapshot: New Bill to Expand Foundation Scholarship Programs Introduced in the House, Senate Seeks to Avoid Shutdown Threats by Bundling Spending Bills
In This Week's Edition of Snapshot…
New Bill to Expand Foundation Scholarship Programs Introduced in House
Ways and Means Unveils Tax Reform 2.0 Summary
Senate Finance to Hold Hearing for Treasury/IRS Nominees
Senate Seeks to Avoid Shutdown Threats by Bundling Spending Bills
Primary Runoff…
Strengthening Communities to Be Smoke Free
Editor's Note: This is part of our series focusing on the winners of the 2018 Secretary’s Award for Public-Philanthropic Partnerships.
In 2016, the U.S. Department of Housing and Urban Development (HUD) announced a nationwide smoke-free policy for all public housing locations effective July 31,…
Council on Foundations Applauds Introduction of the Workforce Development Through Post-Graduation Scholarships Act
The Council on Foundations on Tuesday applauds the introduction of the Workforce Development Through Post-Graduation Scholarships Act (H.R. 6486) by Representatives Darin LaHood (R-IL) and Terri Sewell (D-AL) on July 24. The bill would allow charitable foundations to administer post-graduation…
Partnering to Create Success through Housing Grants in Alaska
Editor's Note: This is part of our series focusing on the winners of the 2018 Secretary’s Award for Public-Philanthropic Partnerships.
The Creekview Plaza housing development in Anchorage, Alaska
For a decade Rasmuson Foundation has worked alongside Alaska Housing Finance Corp. to…
Creative Grantmaking Today: Redefining Risk in Philanthropy
In 2003, when I was a co-recipient of the Robert W. Scrivner Award for Creative Grantmaking, the theme of the Council on Foundations’ conference was collaboration. Instead of giving a speech, one of the co-recipients, Luz Vega-Marquis,* demonstrated the spirit of collaboration when she asked all…
Washington Snapshot: Council Works with Senators on Letter to Treasury Secretary, Tax Cuts 2.0 Update
In This Week's Edition of Snapshot…
Senators, Worried About a Decline in Charitable Giving, Request Information from Treasury
House to Vote on Appropriations “Minibus” with Johnson Amendment Rider
Treasury Rolls-Back Donor Disclosure Requirements, Wyden Disapproves
Tax Cuts 2.0 Update
2018 HUD…
Insights from the 2017 Investment of Endowments Study
Foundation endowment managers faced both challenges and opportunities in 2017 as they worked towards funding the grantmaking practices of their organizations, including a continued increase in scrutiny from policymakers and preparing for the enactment of the Tax Cuts and Jobs Act, as well…
Nonprofit, Foundation Leaders Oppose Ban of Amendments to Remove anti-Johnson Amendment Rider from Appropriations Bill
The House Rules Committee approved a rule for consideration of the Financial Services and Interior/Environment “mini-bus” appropriations bill (H.R. 6147) that refuses to allow debate or action to remove a disingenuous provision that elevates partisan politics over nonprofit missions and undermines…
How Do US Foundations Support Global Programs and Partners?
New Data and Trends on International Giving
Did you know that grants by the Bill & Melinda Gates Foundation accounted for almost 50% of all international grants awarded by US foundations? Or that between 2011 and 2015, only 12% of funds went directly to local organizations without first…
Post-Graduation Scholarships
A post-graduation scholarship is a type of charitable grant that foundations would make to attract individuals with career skills needed in a particular region to make their homes and build their careers in that community. A post-graduation scholarship would be awarded to an individual who has…
Washington Snapshot: Council Sends Letter to the Hill Outlining UBIT Concerns, President Trump Taps Supreme Court Nominee
In This Week's Edition of Snapshot…
Council Sends Letter to the Hill on UBIT Concerns
Rettig Comments on Johnson Amendment, SALT Workarounds in Senate Finance Hearing
President Trump Nominates Judge Kavanaugh to Replace Justice Kennedy
Council and FEMA Announce New Partnership to Assist in…
Sponsors
The Council would like to thank all of the sponsors for their support of the 2018 HR Summit.
Wellness Partner
The Colorado Health Foundation
www.coloradohealth.org
Summit Partners
California Health Care Foundation
www.chcf.org
The Annie E. Casey…
Reception with the Philanthropy Caucus
Philanthropic leaders from across the country, national charitable organizations, lawmakers, and Congressional staff joined the Philanthropy Caucus for this reception to recognize the role of philanthropy as a unique stakeholder in collective efforts to address some of today's toughest challenges.
Philanthropy Caucuses Reception
The House and Senate Philanthropy Caucuses came together for a social reception as a part of Philanthropy Week in Washington 2016. Representatives from a variety of national charitable organizations, lawmakers, and Congressional staff joined this event to recongize the role of philanthropy as a…
Reception with the Philanthropy Caucus
This reception brought together philanthropic leaders from across the country, philanthropic and nonprofit leaders, Members of Congress, and Congressional staff to celebrate the role of philanthropy as a unique stakeholder in collective efforts to address some of today's toughest challenges.
Congressional Briefing: Transitioning Vets - Philanthropy's Role in Veterans' Health and Mental Health
Part of the Council on Foundations Veterans Philanthropy Series
Leaders from the charitable sector discussed the lessons philanthropy has learned while working to improve veterans' health and mental health.
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