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.

Join us for the second webinar in a series called, “Lunch with Legal Counsel.” Suzanne Friday, Senior Counsel and Vice President of Legal Affairs at the Council on Foundation will review and explain IRS Code Section 4944: Taxes on investments which jeopardize charitable purpose and what it means for private foundations.

We will also explore the exceptions that have been created for mission and program-related investments using current examples from the field.

This webinar introduces an approach to investing for community impact as a shared strategic commitment from the different perspectives of the funder and the grantee nonprofit. Our experts will offer best practices for high performance, and Huey & Angelina Wilson Foundation and the City School will each share their journeys towards improving outcomes, clarifying specifically what they had to change to move in this direction.

The 2017 HR Summit: Achieving Equity in the Workplace, co-hosted by the Council on Foundations and CHANGE Philanthropy, is your unique opportunity to learn how to make your foundation — and philanthropy as a whole — more diverse, equitable, and inclusive.

During this convening you can expect engaging, intimate conversations led by field experts focused on:

Each year, Pennsylvania’s philanthropic sector invests more than $2.6 billion in grant making in the Commonwealth. Uncertainty about national and State public policies and budget realities will make philanthropy’s investments critically important, especially on behalf of vulnerable populations in our communities. Now more than ever, Pennsylvania foundations must come together to define a shared understanding that can amplify the voice of the sector and sharpen their focus on the impacts of policymaking on the social safety net and the non-profit community.

Collaborate & Innovate: Equalizing the Playing Field of Black Business Ownership in the U.S.

Equalizing the Playing Field of Black Business OwnershipThis event is a preconference session at the 2017 Annual Conference. It is the first in a series of three sessions focused on entrepreneurship within the Black community.

Launched in 2014, The Veterans Philanthropy Exchange is a learning and sharing forum for philanthropic grantmakers, donors, and corporate giving programs supporting veterans and military family strategies.

Join your peers for discussions about funder collaboration and collective action, a review of lessons learned in veterans philanthropy and partnerships over the past few years, and an exploration of the role that sector might continue to play as a new Administration ramps up, and as the understanding of veterans needs continues to evolve.

Join the Philanthropy Caucus for a social reception to conclude Foundations on the Hill. Network with representatives from a variety of charitable foundations and organizations, lawmakers, and Congressional staff in an event to recognize the role of philanthropy as a unique stakeholder in collective efforts to address some of today's toughest challenges.

Listen to the Recording

The webinar provided an analysis of the impact that President Trump's Executive Order 13769, Protecting the Nation from Terrorist Attacks by Foreign Nationals, may have on your foundation's work domestically and globally.

Members View the Recording

On March 8th, Suzanne Friday, Senior Counsel and Vice President of Legal Affairs at the Council on Foundation guided us through the ins and outs of the Private Foundation Minimum Distribution Requirement.

Members Access the Recording

Thanks to everyone who attended the first Council Member Update of 2017.

Council President and CEO Vikki Spruill covered why this is such a critical time for philanthropy — and what the Council has planned in the year ahead to help strengthen the field.