Aligning private foundation grantmaking procedures with PPA requirements
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.
Can we back out of a multiyear commitment we made in a prior year because our foundation’s assets have declined?
The answer in many cases is “no.” That is, unless your grantee is willing to release your foundation from its obligation.
Generally, an unconditional, multiyear grant is considered a pledge to the grantee organization. In many states, a pledge is a legally binding obligation. Therefore, your grantee could seek to take you to court should you stop paying the grant.
Generally, there is no legal restriction against making grants to churches, synagogues, mosques or other religious institutions. But there are some things foundations interested in such grantmaking should know.
Everything you need to know to stay out of trouble with third-party representatives.
Does hearing the sentence "Just make that grant check payable to my fiscal agent" stop you in your tracks? It should. If your potential grantees are washing your grant funds through an accommodating charity that has no control over your grant-funded activities, you should be worried.
Gifts from private foundations to field of interest funds, designated funds, and other funds that are not donor advised, are entirely permissible and do not raise special concerns. Gifts to a donor-advised fund can raise red flags as a potential donor control issue. The law does not prohibit gifts from private foundations to donor advised funds, nor does it exclude such gifts from being treated as qualifying distributions.
Community foundations have proven themselves to be cornerstones of support to the community, especially in times of need and disaster. When emergencies or disasters strike, the Foundation must be well-prepared to quickly and effectively help itself in order to be able to help others.
This plan outlines the organization’s strategy for responding to emergency or disaster, provides information essential to continuity of critical business functions, and identifies the resources needed to:
The guide aims to inspire individuals and citizen groups to act in organized, effective ways to help people in communities hit by disasters to reclaim their future. It includes concrete suggestions and clear steps towards recovering, rebuilding and re-establishing a sense of security, safety and vitality in these communities.
A guidebook from the Jessie Ball duPont Fund detailing lessons learned from their efforts in the disaster recovery and rebuilding efforts after the rash of tornadoes that devastated Alabama in April 2011.
With the development of the National Disaster Recovery Framework (NDRF), FEMA worked to create systems that can supplement, and not replace, current and ongoing community planning and recovery efforts.
This document is written for those tasked with the development, maintenance, and implementation of a state disaster recovery plan. It is intended to serve as an evaluative guidebook from which users can draw from widely accepted steps derived from planning processes and informative best practices adopted in other states. The Guide also includes a series of questions following each major section of the document that are posed to the reader in order to encourage reflection and an assessment of current activities followed by actions targeting identified issues.