In 2009, Blue Shield of California Foundation learned of the increasingly high rates and devastating impacts of domestic violence among military families. Given the incredible stress these families had endured after more than a decade at war, the findings were difficult to hear, but not surprising. Thankfully, we were in a position to do more than just listen.
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 Memorial Day takes on new significance for the philanthropic sector as we take our commitment to veterans and their families to another level.
On April 25, 2015 a 7.8 magnitude earthquake occurred in Nepal, in an area between the capitol city of Kathmandu and the city of Pokhara, according to the U.S. Geological Survey. Tremors and aftershocks were felt across the region in India, Bangladesh, Tibet and on Mount Everest. As the world has watched the devastation unfold, the question “what should I do?” has been repeated.
Civil Society in America faces the challenge of storytelling. Democracy thrives on the free availability of information and viewpoints. We must guard against hegemony that stifles innovation and protect voices of the marginalized. To do so, we should ensure that everyone's story is told.
Join Council staff members, Kim Bluitt, Member Relations Director, Pacific, Allison Carney, Community Manager, and your peers in the Southern California area for peer networking and conversation on the benefits of Council membership. The Council provides an array of services to assist foundation members. We are constantly seeking member feedback to improve our services and develop new ones to continue providing you with the most relevant and timely resources.
A few weeks ago, we were happy to join several hundred of our colleagues in San Francisco for Hispanics in Philanthropy’s (HIP) 2015 Conference and HIPGiver Gala. The daylong series of events focused on Latino leadership in the philanthropic sector, as well as exploring the needs and opportunities for investing in the Latino community.
Tiziana Dearing is the former CEO of Boston Rising, a place-based, anti-poverty, public foundation that aimed to break the cycle of intergenerational poverty by replicating the Robin Hood Foundationand Harlem Children Zone’s models in Grove Hall, a Boston neighborhood inundated with poverty and crime.
Over three years, Boston Rising invested $4 Million in residents, promising entrepreneurs and under performing schools, then -- it dissolved.
Participants Will Learn
Where you live shouldn’t determine how far you can go in life.