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.
The 2015 Board Compensation Tables provide foundations with tools to benchmark their board compensation practices against peers in the field. Containing data collected through the Council’s 2015 Grantmakers Salary and Benefits survey, this report offers detailed breakdowns of the data by foundation type and asset size.
The 2015 Program & Administrative Expenses Tables provide foundations with tools to benchmark their administrative expenses – their grants, salaries, qualifying distributions, etc. – against peers in the field. Containing data collected through the Council’s 2015 Grantmakers Salary and Benefits survey, this report offers detailed breakdowns of the data by foundation type, staff size, geographic location, and asset size. The report does not examine fees associated with fund operations at community foundations.
The Healthy, Hunger-Free Act of 2010 authorizes funding for federal nutrition programs including: