I have attended a lot of conferences over the years and have always felt driven to go to as many sessions as possible, to gather information and knowledge to bring back to my colleagues at the Maine Community Foundation. This time around was no different: I set out to get the latest on National Standards, to explore issues related to endowed philanthropy, to learn how community foundations and United Ways can do more together.
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.
A year and a half before the historic US Supreme Court ruling ended discrimination in civil marriage rights for same-sex couples, foundations and nonprofit leaders of the LGBTQ movement came together to address a concern: While many activists anticipated the legal victory, many also worried that the larger movement for LGBTQ equality would lose momentum in the wake of a win—potentially leaving important issues unaddressed.
In this week's Washington Snapshot:
Last summer, the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs. Treasury responded to continued requests of the philanthropic community, which recognized that the existing regulations did not represent the full diversity of investment opportunities available to foundations.
Earthquakes rocked Ecuador, Japan, and Myanmar this past weekend, affecting thousands, and reminding all of us how vulnerable communities are to external disaster shocks.
In this week's Washington Snapshot:
America’s workforce is challenged with adapting to demands for new skills and additional training as technology continues to influence all facets of the working world. Job descriptions are morphing to meet needs as companies stay competitive in the global marketplace.
Foundations can play an important role in assisting communities and institutions as they continually adjust their sights to ensure that Americans remain strong, capable team members and leaders while companies and organizations keep pace with the ever-changing landscape.
Maria Teresa Kumar grew up in Sonoma, Calif., a daughter of an immigrant field worker, and spent childhood summers in strife-torn Colombia during the drug wars and days of narcos. Shiza Shahid was raised in Islamabad, Pakistan, and was witness to the growing takeover of the Taliban before accepting a scholarship to Stanford University.
The Philanthropy-Joining Forces Impact Pledge today announced $7 million in new investments to strengthen services and support for millions of veterans and military families across the United States. With their commitments, PwC Charitable Foundation, Inc., Orange County Community Foundation, and CarMax and The CarMax Foundation join the 32 philanthropic organizations and corporations that have pledged since 2014. Through grants and other forms of support, nearly $283 million has been committed in the Impact Pledge to date.