In this issue:
- Philanthropy Week in Washington
- Tax Policy Happenings
- Government spending debate
- IRS updates revenue procedures
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 issue:
The Council on Foundations is pleased to announce…
Websites are live, registration is now open, and the hotel block is available for Philanthropy Week in Washington 2014!
Now, more than ever, we must protect and enhance philanthropy in America. Philanthropy has been a pillar of our society from the time of our founders. Let’s continue to educate federal lawmakers on the imperative role of philanthropy before proposals that could alter tax policy and uproot the sector’s ability to advance the public good take hold.
Private foundations and public charities, including community foundations, may meet with legislators and legislative staff, but must use caution when considering topics to discuss with legislators. This document contains some general guidelines to consider prior to visiting with legislators.
The 2013 Grantmakers Salary Tables provide aggregate information on U.S. foundation and corporate giving program staff salaries and benefits. Free to participants and Council members and $159 for nonmembers, the tables compile data on more than 8,000 full-time employees from across the country. Mean, median, range, 25th, and 75th percentiles are provided.
In this issue:
The Scrivner Award for Creative Grantmaking was established in 1985 to recognize a grantmaker who has demonstrated outstanding creativity. It honors grantmakers who, with a combination of vision, principle and personal commitment, are making a critical difference in a creative way. The award was created as a memorial to the late Robert Winston Scrivner, former staff associate of the Rockefeller Brothers Fund and first executive director of the Rockefeller Family Fund, by a number of his friends and colleagues.
Typhoon Haiyan was one of the worst disasters to hit the Philippines in decades. This webinar was conducted one month after the Super Typhoon made landfall, killing more than 5,000 and causing billions in damages. Representatives from the Philippines Embassy in Washington, DC, Accenture, and the Church of Jesus Christ of Latter Day Saints Emergency Response discussed assessments made about the known long-term needs, and the needs that may emerge in the months and years to come.
Increasing personal accountability is probably the most effective way to enhance the performance of board members. Here are a few suggestions.
The persistent scrutiny of nonprofit governance has prompted leaders at many types of organizations to take steps to assure that their own houses are in good legal and financial order. For private foundations, this checklist is a good place to start.