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 this week's issue:
- Senate Philanthropy Caucus Briefing During Philanthropy Week
- Camp tax reform plan expected next week
- More tax extenders buzz
- Polarized views on IRS political activity rules
- IRS 2013 Changes to Form 990-PF
- State Activity
In this week's This Week at the Council you'll read about:
- Gearing Up for Philanthropy Week in Washington
- Reminder: Call For Sessions
- Video: Creating Effective Stories Lawmakers Will Remember
- Community Foundations Use Information to Drive Impact
- Deadline Extended: Field Comment on National Standards Revisions
The Community Foundations National Standards Board (CFNSB) announces an extension to the public comment period for the Proposed Revised National Standards. These revisions are being made as part of a five-year review cycle and will remain open to public comment until February 26, 2014.
In this week's This Week at the Council, you'll read:
Tell Us About Your Professional Development Needs
Call for Sessions
Be a part of the 2014 Annual Conference: Philanthropy Exchange!
The Council is issuing a Call for Sessions to leading civil and social innovators. We are looking to you for well-developed sessions that offer diverse perspectives, concrete solutions, and fresh insights into our Spotlight Issue: The Role of Philanthropy in an Increasingly Polarized Society.
In this issue:
In this issue:
- Registration is Open for 2014 Annual Conference: Philanthropy Exchange
- Second Philanthropy Week Webinar Announced
- The Council visits the Lilly Family School of Philanthropy at IUPUI
Get Prepared for Philanthropy Week in Washington
Wednesday February 19th from 3-4pm EST
As Philanthropy Week quickly approaches we are excited to offer a webinar geared at getting you up-to-speed on the latest happenings in Washington!