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 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:

The Council on Foundations applauds Senator Chuck Schumer (D-NY) for introducing The Public Good IRA Rollover Act of 2015 (S.1159). This measure would make permanent and expand the IRA charitable rollover, a valuable incentive for Americans to contribute to charitable organizations across the country their mandatory distributions from IRA accounts. The Council is also grateful for Senator Susan Collins’ (R-ME) co-sponsorship and support.

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.

Leonard Aube, Executive Director of the Annenberg Foundation, passed away this week. He will be remembered for his courage and vision in serving Los Angeles, and providing over $2 billion in support to more than 2,500 non-profits around the world. His leadership will be greatly missed by the entire philanthropic sector.

He is survived by his wife Robin, daughter Kaitlann, and son Kyle.

We encourage you to view the Annenberg Foundation’s touching announcement to learn more about Leonard Aube’s amazing legacy.

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.  

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.

The Council on Foundations today announced the release of the 2014 Grantmakers Salary and Benefits Report, the most comprehensive information available on staff composition and compensation for U.S. foundations and corporate giving programs. Salary information is provided for 35 executive, professional and administrative positions, and the report allows grantmakers to compare compensation to that of their peers by foundation type, asset size, and region.

The topic of regulatory frameworks that govern global grantmaking consistently arises as a priority for Council members. This webinar will discuss a range of issues, touching on both global and domestic policies that impact your work. For example, the Financial Action Task Force (FATF), a global regulatory body that sets international recommendations for policies that affect the flow of cross-border philanthropic investments, will update its recommendations in 2015. The U.S.