On May 30, David Callahan, editor of Inside Philanthropy, published a short-sighted opinion piece on philanthropy in the New York Times. Given its reach, the Council believed that the piece warranted a strong and united response.
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.
The 2015 Grantmakers Salary and Benefits Survey is now open. The survey collects information on benefits policies and practices, as well as compensation data for 35 positions at community, corporate, private, public, and operating foundations.
The Social Impact Exchange exists to build a growth capital marketplace that supports scaling high-impact nonprofits in the U.S. Funders with shared interests convene in working groups (currently active in health and education) to identify and vet highly effective nonprofit initiatives primed for scale using a thorough due diligence process. Nonprofits that clear the due diligence process receive 25-30% of their total capital raise from working group members; additional funding is then raised by “syndicating” these investments to a much broader market of regional and local foundations, fa
Amidst all the joyous celebrations of same-sex couples finally able to participate in the legal benefits of marriage; and amidst all the exciting, visible cultural offerings, like the Amazon series, Transparent; there is the continuing drumbeat of LGBTQ stories that have not gained a similar level of visibility.
By David A. Levitt
Helpful article published by Adler & Colvin summarizing the key differences between Mission-Related and Program-Related Investments for Private Foundations. The article also lays out many of the necessary legal and regulatory questions when determining if an impact investing strategy is appropriate for a given situation.
This guide, published by Confluence Philanthropy, focuses on how a foundation can leverage its assets in service of its mission by investing cash locally through community-based financing. It reviews the different types of depositories, as well as the steps on how to get started carrying your cash, and also features two foundation case studies.
In 2009, Blue Shield of California Foundation learned of the increasingly high rates and devastating impacts of domestic violence among military families. Given the incredible stress these families had endured after more than a decade at war, the findings were difficult to hear, but not surprising. Thankfully, we were in a position to do more than just listen.
The Philanthropy-Joining Forces Impact Pledge today announced more than $106 million in new commitments to strengthen services and support for millions of veterans and military families throughout America. Six new grantmakers joined more than 30 philanthropic organizations and corporations that made the Impact Pledge since 2014.
Since last year’s Impact Pledge announcement of $170,000,000, an additional $106,225,000 has been committed (both cash and in-kind), bringing the total to $276,225,000. These new Impact Pledge members include:
This Memorial Day takes on new significance for the philanthropic sector as we take our commitment to veterans and their families to another level.
The Council on Foundations applauds Senator Chuck Schumer (D-NY) for introducing The Public Good IRA Rollover Act of 2015 (S.1159). This measure would make permanent and expand the IRA charitable rollover, a valuable incentive for Americans to contribute to charitable organizations across the country their mandatory distributions from IRA accounts. The Council is also grateful for Senator Susan Collins’ (R-ME) co-sponsorship and support.