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.
2020 Member Week - Member Hour
End the long work week with an hour of wellness and networking. The wellness activity will be a resiliency themed meditation led by our partners at Chill Anywhere. Following the meditation, we’ll play a fun trivia game to test your knowledge of recent events and host and a facilitated networking…
2020 Public Policy Summit - Sponsors
Sponsors
The Council would like to thank all of the sponsors for their support of the 2020 Public Policy Summit.
If you would like to learn more about sponosrship opportunities, contact Tara Cox at tara.cox@cof.org.
Gold Sponsors
The Heinz Endowments
The Heinz…
The Unrestricted Funding Dilemma: Advantages and Challenges to General Support Grants
Earlier this year, the Council on Foundations issued a COVID-19 Call to Action to its community of domestic and international funders, asking foundations to provide unrestricted funding to grantee organizations during the COVID-19 pandemic. This call to action prompted a timely discussion with…
2020 Annual Member Meeting
Keynote Speech with Fred Blackwell - Recording
Annual Member Meeting - Recording
The Annual Member Meeting is the kickoff event for Member Week. This year the Council will host a series of virtual events that will offer members the opportunity to hear directly from Council…
Global Philanthropy Update - October 2020
With more than one million people lost to COVID-19, the world is in mourning and rightfully so. It is not only the people we have lost, but the progress that the world had been making in becoming a more equitable, healthy, peaceful, and prosperous place. Additionally, while COVID-19 has occupied…
Building Trust, Breaking Tradition: How Foundations Can More Effectively Respond in Times of Crisis
When the Council on Foundations published A Call to Action: Philanthropy’s Commitment during COVID-19 in March, the COVID-19 pandemic was in its early stages. Now, its impact has surpassed many of our worst fears, and an economic recession and long-standing racial injustices add to this moment of…
2020 Grantmaker Salary and Benefits Report: Key Findings
Publication, Research
For 40 years the Council has provided the most comprehensive analysis of salary and benefits for full-time staff at U.S. foundations through the Grantmaker Salary and Benefits (GSB) Report. This year, in addition to providing an analysis of salary and benefits data from 8,794 full-time paid…
Blog Series: How the Philanthropy Pledge is Being Used by Global Funders
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COVID-19 has had a substantial impact on philanthropy and the way it does business. In the wake of this global pandemic, foundations took immediate action to do more – pledging to support nonprofit partners, people and communities hit hardest by the impacts of the virus. As time prevails, this…
Call Summary: Funder Roundtable on Indian FCRA Amendments 2020
Summary of Funder Roundtable on Indian FCRA Amendments, held on September 30, 2020.
Washington Snapshot: President Trump and the First Lady Test Positive For COVID-19
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2020 Grantmaker Salary and Benefits Report
Publication, Research
The Grantmaker Salary and Benefits Report (GSB) provides salary, benefits, and diversity data for full-time staff at U.S. foundations to aid in budget planning and personnel practice benchmarking. Information is presented by grantmaker type, foundation type, asset size, and geographic location.…
Washington Snapshot: Nonprofit CEOs Urge Congress to Act on Another COVID-19 Relief Package
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In This Week's Edition of Snapshot...
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Funder Roundtable on Indian FCRA Amendments 2020
Members View Call Summary
On September 20, 2020, the lower house of the Indian parliament passed a bill amending the Foreign Contribution Regulation Act (FCRA), signaling a significant shift in how foreign funding is regulated in the country. The bill has since become law after the president…
New Indian FCRA Amendments Impact Foreign Grants to Indian NGOs
The Ministry of Home Affairs released guidance indicating that FCRA-Registered nonprofits have until March 31, 2021 to open the new designated FCRA bank account. Nonprofits do not need to visit the State Bank in Delhi to open this account. Funders may consider resuming grantmaking to Indian…
National Study Reports Strong Investment Results in 2019 Increased Foundations’ Intermediate-Term Returns
Contact:
William Szczecinski
Prosek Partners
646-818-9029
wszczecinski@prosek.com
Contact:
Nicole Forman
Council on Foundations
202-991-5913
nicole.forman@cof.org
New York, NY, (September 24, 2020) — Data gathered in the 2019 Council on Foundations–Commonfund Study of…
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