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.

Bipartisan consensus around criminal justice reform is growing nationally with more foundations increasing their efforts to change the way we think about prisons and public safety. As this issue continues to gain momentum, we ask how can philanthropy take a leadership role in reforming the criminal justice system in America?

Join the Council on Foundations for a Twitter Chat, Wednesday, August 26 from 12-1 PM ET, as we explore these important questions together.

Please join the Council on Foundations and WINGS  for a webinar about the shrinking space for philanthropy and civil society globally. 

Join the Council on Foundations, nonprofit media organizations, foundations, journalists, academics, and other stakeholders for a conversation about the role of nonprofit media in fostering a vibrant civil society in local communities.

Stephanie Bell-Rose, Senior Managing Director of the TIAA-CREF Institute, shares the Working Group's vision of the Endowments and Financial Services Summit.

Delivered Monday, July 13 during the 2015 NAACP National Convention along with Senator Casey, Congresswoman Debbie Wasserman Schultz, Chairman G.K. Butterfield and more.

The full video remarks can be viewed here with Vikki Spruill starting at 1:11. 

Building Successful Collaborations in Philanthropy

This morning, Council President and CEO Vikki Spruill helped launch a new platform on the Huffington Post that highlights important developments and leading thinkers on social innovation. The blog features thoughts from leaders such as Clara Miller of the F.B. Heron Foundation and Maria Rodale of the Rodale Institute. 

On May 30, David Callahan, editor of Inside Philanthropy, published a short-sighted opinion piece on philanthropy in the New York Times. Given its reach, the Council believed that the piece warranted a strong and united response.

The 2015 Grantmakers Salary and Benefits Survey is now open. The survey collects information on benefits policies and practices, as well as compensation data for 35 positions at community, corporate, private, public, and operating foundations.

This week, American Bar Association (ABA) has selected the Council’s Senior Counsel and Vice President of Legal Affairs Suzanne Friday for its prestigious “Outstanding Nonprofit Lawyer Award” in recognition of “distinguished service by a nonprofit – in-house counsel.” This award is chosen by The Nonprofit Organizations Committee of the American Bar Association, Business Law Section, celebrating the work of accomplished and civic-minded nonprofit lawyers.

The Philanthropy-Joining Forces Impact Pledge today announced more than $106 million in new commitments to strengthen services and support for millions of veterans and military families throughout America. Six new grantmakers joined more than 30 philanthropic organizations and corporations that made the Impact Pledge since 2014.

Since last year’s Impact Pledge announcement of $170,000,000, an additional $106,225,000 has been committed (both cash and in-kind), bringing the total to $276,225,000. These new Impact Pledge members include: