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 2015 Annual Meeting

Join us in San Francisco!
April 26 - 28, 2015

Preconference: April 24 & 25, 2015
San Francisco Marriott Marquis

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.

Thriving Philanthropy Makes Thriving Communities

There are several proposals being considered in Congress that have significant implications for philanthropy and its effectiveness in addressing some of our most pressing challenges. In addition to educating lawmakers in Washington, D.C., communicating the impact locally is just as important! Here are some ways your organization can spread the word about the correlation between philanthropy and thriving communities.

Media Outreach

Letter to the Editor

Register Today

Are you new to philanthropy and unsure about the due diligence process for making a successful grant? Have you been in the field for several years, but are still unclear on the legal aspects of grantmaking or how to spot red flags in grantee financial statements? If you answered "yes" to any of the above, please consider joining us for NCG's 2014 New Grantmakers Institute.

Communities across the country are experiencing rapid demographic shifts, and foundations that use place-based giving strategies must adapt their grantmaking to recognize these changes. Join us in a discussion about the multiple ways foundations define place-based philanthropy, its potential challenges and advantages, and the various approaches to this work.
 
 
Moderator:  Ericka Plater-Turner, Senior Director of Member Experience, Diversity and Inclusion, The Council on Foundations

As communities are being asked to address growing social challenges with diminishing resources, the field of philanthropy is placing increasing emphasis on collaboration with businesses, nonprofits, and government in its work for the common good. The webinar will examine the dynamic role of philanthropy as a convener, catalyst, collaborator, and partner across a wide and diverse range of issue and interests.

‘Big Data’ is a hot topic in philanthropy. But what does it actually represent, and how can foundations be most effective in using this data to help inform and advance their work? The first installment of our Leading Forward webinar series will highlight different ways foundations are using Big Data, and how Big Data is being used more broadly to provide insights into the state of the philanthropic field.

Working in collaboration with the Center for American Progress, the Council co-hosted conversations among foundations, community development financial institutions, and investment firms about social impact bonds and Pay for Success. Out of these conversations, two issue briefs were created:

The Council on Foundations is pleased to announce the first of two webinars we will offer in preparation for the upcoming “Philanthropy Week in Washington” and “Foundations on the Hill.”

“Creating Effective Stories that Lawmakers Will Remember” will offer tips and tools for crafting an effective message to deliver to your policymakers. We’re pleased to offer this webinar in partnership with the Congressional Management Foundation, which has done extensive research on best practices for influencing lawmakers.

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