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.

Linking Local Investment to Global Goals 

Event Overview

There are significant challenges facing American communities today, including growing domestic inequality, increased poverty and harmful impacts from climate change. In Florida, members of the philanthropic community work in a variety of innovative and collaborative ways to improve quality of life and create sustainable local communities.

 

Council CEO Vikki Spruill and special guest speakers analyzed the results of the 2016 election and discussed what it all means for the philanthropic sector.

Grantmaking into Latin America: Regulatory Challenges, Strategic Partnerships, and Emerging Opportunities

Grantmaking into Latin America IconThis event is a preconference session at the 2017 Annual Conference.

Immigration - How do we make it work?

Immigration Site Session IconThis event is a preconference session at the 2017 Annual Conference.

One of the largest Atlantic tropical storms in nearly a decade, Hurricane Matthew roared across the Caribbean leaving a path of destruction across Haiti on its slow march north through Cuba, the Bahamas, and eventually, the southeast U.S. Hundreds of thousands have already been displaced by the category 4 storm that has resulted in a great need for water, sanitation, hygiene, food, and housing support.

The Council on Foundations, Center for Disaster Philanthropy, and a panel of funders and responding disaster relief organizations conducted a webinar on how to address recovery. 

The Council on Foundations is partnering with the Dorothy A. Johnson Center for Philanthropy on a special issue of The Foundation Review examining the Future of Community. The issue explores aspects of the relationship between foundations and communities, addressing topics such as the redefinition of community, the effect of evolving demographics, and potential solutions to climate change.

Join two of the authors who contributed to the special issue in this webinar:

Philanthropy and Democracy: Strengthening Our Civil Society

Philanthropy and Democracy IconThis event is a preconference session at the 2017 Annual Conference.

Promoting economic development is not, by itself, a charitable purpose. Grantmakers seeking to help people and communities achieve economic self-sufficiency must therefore find a connection between a proposed activity and one or more recognized charitable purposes. In this Legal Lunch Series, Suzanne and Bryan will discuss IRS rulings, court cases and activities proposed by members to help explain what is needed in order to make grants for economic development.

The Council on Foundations Job Board

The Council on Foundations Philanthropic Career Center is the home for foundation careers and jobs in the United States and around the world. This job board is the premier recruitment site for foundations looking to hire foundation professionals.