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.

Speak Out In September Using Our Advocacy Toolkit

Engage with Lawmakers Today!

Democratic Practice

The Council on Foundations is pleased to announce two summer webinars that will delve into critical provisions in comprehensive tax reform proposal introduced by House Ways and Means Committee Chairman Dave Camp (R-MI-4). The proposal lays the groundwork for comprehensive tax reform, and contains dozens of provisions that affect foundations, including—

The U.S. Department of Housing and Urban Development and the U.S. Department of Agriculture, in partnership with the Council on Foundations, announce the 2014 Secretaries’ Award for Public-Philanthropic Partnerships.

Every day, Council members stand at the forefront of innovation, explore creative ways to advance the common good, and find solutions for complex issues in society. For this, the Council's award programs were established to recognize excellence in philanthropy and honor exemplary leaders for their dedication in uplifting the sector.

As we continue this legacy, the Council will award in 2014 the Distinguished Service Award and the Robert Scrivner Award for Creative Grantmaking.

Speaker Highlights

Kate Ahern, Vice President of Social Innovation, Case Foundation

Donor advised funds continue to be an important option for donors, and we see contributions to these funds increasing over time. Donor advised funds have the dual advantage of providing donors of all income levels the opportunity to participate in philanthropy while ensuring—through the stewardship of the community foundations (or other sponsoring organization)—professional management and oversight of grantmaking from the funds.

Subscribe to RSS - Family Foundations