Independent Foundations

Private foundations make grants based on charitable endowments. The endowment funds come from one or a small handful of sources -- an individual, a family or a corporation. Because of their endowments, they are focused primarily on grantmaking and generally do not raise funds or seek public financial support the way public charities (like community foundations) must.

Private independent foundations are distinct from private family or corporate foundations in that an independent foundation is not governed by the benefactor, the benefactor’s family or a corporation. Of the largest private foundations in the United States, most are independent foundations, although they may have begun as family foundations or were converted from corporate foundations. There is no official IRS or legal definition of independent foundations, so it is difficult to arrive at statistics that are fully representative of the field.

Below is everything on our site for independent foundations. You can use the filtering options on the right to narrow these results.

In conjunction with our 90th Anniversary, the Connecticut Community Foundation hosted our first online giving challenge, Give Local Greater Waterbury and Litchfield Hills in November 2013.

In this week's Washington Snapshot:

For nearly 100 years, the California Community Foundation (CCF) has been defined by the diverse passions of the more than 1,700 donors who share a dream for a better future. CCF’s initiative, Building a Lifetime of Options & Opportunities for Men (BLOOM), exemplifies this passion by addressing some of L.A. County’s toughest challenges by bringing community and financial resources to the table to create possible solutions.

Many community foundations are recognizing that impact investing can be a powerful tool in our philanthropic toolbox. Mission investments are investments made by foundations to further their philanthropic goals. Since 2009, the Seattle Foundation has committed $4 million of its unrestricted endowment assets to extend access to capital and expand economic opportunities for low income communities in our county.

At the White House last week, foundation executives, including the Council’s President and CEO Vikki Spruill, met with senior Administration officials for a roundtable on the future of impact investing. A complement to charitable giving and foundation grantmaking, impact investing offers a powerful opportunity to provide cash, loans, or equity capital to an organization, fund, or company that intends to generate measurable social or environmental impacts, alongside financial returns.

In this issue of Washington Snapshot:

When Jessica David was wondering how to support her new hire, who was tasked with telling her foundation’s story online, she turned to her peers for advice.

With partnerships being very important in making the most of innovative ideas, how does one develop an authentic partnership? In a recent situation, I developed a partnership with several individuals to implement an idea at a large conference. Here are the lessons I learned:

In this issue of Washington Snapshot:

  • Senate Tax Reform Hearings
  • Lost Lois Lerner E-mails
  • Social Impact Bond Act Introduced in House
  • NOTICE Act Introduced in Senate
  • Political Activity Rules Could be Expanded, Commissioner Says
  • 2013 Giving USA Numbers Released
  • Form 990 Data Availability
  • Can Philanthropy "Fix" Democracy?

Read it online now!

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