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. You can use the filtering options on the right to narrow these results.

The 2014 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 2014 Grantmakers Salary and Benefits survey, this report offers detailed breakdowns of the data by foundation type and asset size. 

The Council on Foundations is proud to release two new resources:

The 2014 Grantmakers Salary Tables is one of the best sources of data on staff compensation at U.S. foundations and corporate giving programs.

Youth and young adults are engaging with each other and their communities in many different and new ways that affect their philanthropic activities. Both formal and informal structures to support youth and young adult philanthropy are now emerging, building on the long tradition of youth philanthropy in the community foundation field. Many community philanthropic organizations are working with young people to help them become more engaged with their communities, but are not aware of the innovative work going on in other countries.

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Democratic Practice

The Council on Foundations is pleased to announce two summer webinars that will delve into critical provisions in comprehensive tax reform proposal introduced by House Ways and Means Committee Chairman Dave Camp (R-MI-4). The proposal lays the groundwork for comprehensive tax reform, and contains dozens of provisions that affect foundations, including—

The U.S. Department of Housing and Urban Development and the U.S. Department of Agriculture, in partnership with the Council on Foundations, announce the 2014 Secretaries’ Award for Public-Philanthropic Partnerships.

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