The Council on Foundations’ Foundation Management Series provides foundation boards and staff with the tools needed to benchmark their practices and operations against peers in the field. Containing data from the Council’s 2009 Foundation Management survey, the series will consist of three reports: Board Composition and Compensation, Administrative and Investment Expenses, and Fiscal Oversight.
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.
This report offers the most comprehensive information available on staff composition and compensation for U.S. foundations. It contains salaries for 34 full-time positions; allows grantmakers to benchmark compensation against their peers by foundation type, asset size, and region; and offers extensive information on benefits policies and practices such as health care premiums by plan type.
The 2012 Grantmakers Salary Tables provide aggregate information on U.S. foundation staff salaries and benefits. Free to participants and Council members and $79 for nonmembers, these tables present information on 34 staff positions across multiple foundation types (community, private, operating, and other), asset sizes and geographic regions. Tables provide the mean, median, range, 25th and 75th percentiles. These tables are included as Chapter 6 in the full 2012 Grantmakers Salary and Benefits Report.
Foundation CEOs and trustees share insights and personal stories related to significant paths of change and how they overcame setbacks. Download a copy and gain best practices to help you successfully lead your foundation, boards and staff.
The Principles were created by representatives of more than 40 charitable sector organizations including the Council on Foundations (the working group coordinator), Independent Sector, InterAction and Grantmakers Without Borders, as an alternative to the U.S. Treasury Department's Voluntary Anti-Terrorist Guidelines.
2005, 14 pages
This cornerstone resource for family philanthropies helps directors, trustees, and key staff navigate the “gray areas” that require professional legal guidance. It provides quick, summarized, user-friendly explanations about basic laws and regulations in a simple question-and-answer format. Now, for the first time since passage of the most significant charitable-reform legislation in decades—the Pension Protection Act of 2006—here’s the one book that incorporates what you really need to know to ensure your family foundation adheres to the letter of the law.
2012, 70 pages
This report presents 2011 salaries and compensation trends over a wide range of positions and grantmaking entities—community, private (family and independent) and public foundations and corporate grantmakers. Based on actual salaries, the report covers 34 positions and provides mean, median, range, 25th, and 75th percentile figures. In addition to analyzing salaries and compensation trends, the full 2011 Grantmakers Salary and Benefits Report includes data on staff demographics, salary administration, and benefits.
2011, 88 pages
This report presents 2011 salaries and compensation trends over a wide range of positions and grantmaking entities-community foundations, private foundations (family and independent), public foundations, and corporate grantmakers. Based on actual salaries, the report covers 34 positions and allows grantmakers to benchmark compensation against their peers by foundation type, size, and region. The report also offers extensive information on benefits policies and practices and includes new data on health-care premiums by plan type.
Founders often assume the next generation will think their narratives are ancient history. These stories, however, can powerfully convey a legacy. The Grandparent Legacy Project is an oral history tool that helps grandparents communicate their stories—their legacies—across the generations. Created by 21/64 and the Association of Small Foundations (ASF), this resource excerpts interviews with 15 well-known philanthropic grandparents, a CD to hear their voices, and a workbook.
2008, 80 pages
Built on Principle will help family foundations achieve excellence using the Stewardship Principles for Family Foundations as a blueprint for excellence. You’ll learn about effective practices in board governance, grantmaking, succession planning, communication, ethics, accountability, and other foundation functions. Included are sample documents, model practices, and interviews with peers in other family foundations to help you strengthen your foundation’s performance.
2006, 207 pages