Where you live shouldn’t determine how far you can go in life.
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).
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The topic of regulatory frameworks that govern global grantmaking consistently arises as a priority for Council members. This webinar will discuss a range of issues, touching on both global and domestic policies that impact your work. For example, the Financial Action Task Force (FATF), a global regulatory body that sets international recommendations for policies that affect the flow of cross-border philanthropic investments, will update its recommendations in 2015. The U.S.
Are you having trouble with the Exchange? Have no fear! I'm here to help.
This webinar covered how to post, search the libraries, and find other members. It's an easy way to get to know this new platform and learn all the great things it has to offer.
Please join Council on Foundations members and others within the Southern California philanthropic community for a unique program to learn about the opportunities and challenges affecting the nonprofit and philanthropic sectors at a local, state, and federal levels as the 2016 election cycle gets underway.
Learn more about how you can maximize the Council's network to further enhance your work in the field. Senior leaders from the Council discussed additional services, initiatives, and updates that have an impact on the larger philanthropic community and Council members.
Free Webinar Open to All Philanthropic Organizations
Wednesday, January 7, 2015 at 1pm ET
Thousands of children are making the dangerous journey north from Central America and Mexico alone. The number of unaccompanied immigrant children migrating to the United States has increased, and experts anticipate 80,000 to 120,000 new arrivals in 2014. A complex array of federal agencies handle the care and custody of the children once they arrive in the United States as well as the adjudication of their immigration claims.
Join the Council for a briefing by Purdue University’s Military Family Research Institute (MFRI) on Monday, August 11 at 1:00 PM ET, regarding mental health issues faced by Active, Guard, and Reserve service members and their families.