Private 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 foundation” is the umbrella term that includes corporate, independent, family, and operating foundations.  As of 2011, there were 73,764 private foundations in the United States (Foundation Center, 2011).  

In 2011, private foundations held more than $604 billion in assets and gave away more than $45 billion (Foundation Center, 2011).  

Below is everything on our site for private foundations. You can use the filtering options on the right to narrow these results.

As part of the Learn Foundation Law team, I am excited to announce the launch of our new training course, Working with Government Officials: Rules for Private Foundations. This course is designed to help private foundation staff navigate the rules and regulations surrounding interactions with government officials.

In this week's Washington Snapshot:

  • POTUS Delivers his Final State of the Union Address;
  • Brady Expresses Intent to Take on Tax Reform;
  • Reed to Introduce Bill on University Endowment Spending;
  • Property Tax Exemptions in Flux.

Read all this and more, online now!

In this week's Washington Snapshot:

  • Treasury, IRS Withdraw Proposed Rule for Gift Substantiation;
  • DAFs & Child Sponsorship to Charities;
  • State Policy Action in 2015 Predicts Focus Areas in 2016;
  • Update on Financial Action Task Force (FATF);
  • National Taxpayer Advocate Names 1023-EZ Third Most Serious Problem.

Read all this and more, online now!

Save the date - April 11 - 15, 2016

Philanthropy Week in Washington provides the opportunity to highlight the role and power of philanthropy in our country and across the globe. During Philanthropy Week in Washington, we shine a spotlight on American philanthropy’s critical role as a unique stakeholder in collective efforts to address some of today’s toughest challenges. Working with government, business, civic leaders and nonprofits, philanthropy can be a dynamic partner that leverages its resources and leadership for the common good.

Today we celebrate a major victory for community foundations and your donors.

The charitable “tax extenders” are no longer “extenders” that must be reinstated each year, but have become a permanent part of our tax code. In a historic vote, Congress passed the IRA Charitable Rollover into permanent law, making it available to donors and charities for the foreseeable future.

Charitable organizations from around the country applaud Congress for the bipartisan, bicameral passage of the Protecting Americans from Tax Hikes (PATH) Act of 2015.

The legislation will enhance charitable giving by making three essential tax incentives permanent, demonstrating a commitment from Congress to strengthen the charitable community’s ability to continue to improve American lives and our communities. The charitable sector worked closely with Congress to educate members and their staff about the difference these incentives make.