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).

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Thousands of children are making the dangerous journey north from Central America and Mexico alone. The number of unaccompanied immigrant children migrating to the United States has increased, and experts anticipate 80,000 to 120,000 new arrivals in 2014.

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.

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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. Leaders across various foundation types will discuss the definition of place-based philanthropy, its challenges and advantages, and the approaches that have worked.

‘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.

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.

The 2013 Grantmakers Salary Tables provide aggregate information on U.S. foundation and corporate giving program staff salaries and benefits. Free to participants and Council members and $159 for nonmembers, the tables compile data on more than 8,000 full-time employees from across the country. Mean, median, range, 25th, and 75th percentiles are provided.

The report explores the ways in which infrastructure organizations think about the value and the mechanics of collaboration—the drivers and barriers to collaborative work—and to determine ways to encourage more effective partnerships. The publication features a framework for understanding different types of collaboration, a set of recommendations for better collaboration, and a series of case studies that show a range of partnerships that tease out the potential benefits and challenges of various kinds of collaboration.

Closing a nonprofit charitable institution presents a range of unknowns to the grantmaking community. In this analysis, authors John Dickason and Duncan Neuhauser provide guidance to foundations considering whether to create a time-limited foundation or bring a foundation to an end. Topics include managing finances, grants, human and physical resources, archives, history and records.

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