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.

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It’s the incremental steps made by scientists around the world that have gotten us this far.

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In this issue:

  • First Lady and Dr. Jill Biden Announce Philanthropy-Joining Forces Impact Pledge
  • Council Comments on IRS Priority Guidance Plan
  • Congress Takes Up Extenders
  • Favorable IRS Rulings to Know About
  • Philanthropy News and Op-eds

Read this issue.

The Council on Foundations is pleased to announce two summer webinars that will delve into critical provisions in comprehensive tax reform proposal introduced by House Ways and Means Committee Chairman Dave Camp (R-MI-4). The proposal lays the groundwork for comprehensive tax reform, and contains dozens of provisions that affect foundations, including—

First Lady Michelle Obama and Dr. Jill Biden
Launch Philanthropy-Joining Forces Impact Pledge

Unveil Veterans Philanthropy Exchange

The Council on Foundations wrote to the Department of Treasury and the Internal Revenue Service (IRS) this week to urge them to prioritize several regulations and guidance documents that impact our members. Each year, the Priority Guidance Plan identifies and prioritizes those tax issues that the agencies should address through regulations or revenue rulings, procedures, notices, and guidance throughout the upcoming year.

 

 

The Council on Foundations is excited to launch Seasons of Giving, a quarterly newsletter with valuable insights to help you advance your work and increase your impact.

This newsletter will provide background on some of the major events and trends in the field and highlight resources available to help you carry out your mission.

Today, over 30 philanthropic organizations and corporations announced pledges totaling more than $170 million over the next five years to support veterans and military families. The Philanthropy-Joining Forces Impact Pledge was announced today by Joining Forces and a coalition of leading foundations at an event hosted by the American Red Cross, Council on Foundations, and the White Oak Summit Steering Committee.

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