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 Council on Foundations announced today that Darcy Oman, President and CEO of The Community Foundation Serving Richmond and Central Virginia, received the Distinguished Service Award. And, Shelley Trott, Director of Arts Strategy and Ventures for the Kenneth Rainin Foundation received the Robert W. Scrivner Award for Creative Grantmaking for innovation and strategic vision in grantmaking.
In summer 2012 I was a brand new Program Officer and wasn’t sure what to expect when I joined a group from the Jewish Funders Network (JFN) on a rural bus tour of eight youth camps in three days. My traveling companions were members and guests of the JFN Disability Peer Network. We were all trying to understand better how well children with disabilities are included in the Jewish camping movement.
When disaster strikes, who do you call first? Unless she’s a volunteer firefighter, you probably didn’t say your accountant. Foundations are often the first to offer critical resources to charities that are on the ground helping serve the immediate needs of victims. But when a private foundation wants to act in times of crisis, they often have to call the lawyers and accountants first.