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.

In this week's Washington Snapshot:

  • August Recess
  • Council August Tool Kit
  • Dynamic Scoring Hearing
  • Eric Cantor Resigns
  • New Bills
  • Social Impact Bonds Senate Bill
  • Regulatory Updates
  • And more!

Read this issue today!

The Elkhart County Community Foundation's mission:
To improve the quality of life in Elkhart County by inspiring generosity.

I dare you to watch the video below and not smile.

It’s ok – I’ll wait the three and a half minutes it will take you to watch it. Just click “play” and I’ll pick up this post when you’re done.

So, was I right?

Not only did you smile, but I bet this wonderful kid – known online as Kid President – also gave you something to think about.

In this week's Washington Snapshot: 

“You can do a lot with $1.” A simple but powerful phrase at the heart of GiVE 365, the Community Foundation of Greater Memphis’ dollar-a-day giving circle. Formed in 2010, GiVE 365 unites and informs emerging philanthropists to make a collective impact on Greater Memphis. Members donate $365 a year, pool their money with others, and vote on both an annual grant making theme and grant recipients.

Investment returns at private foundations rose to an average of 15.6 percent in 2013 – the second-straight year of double-digit average returns – according to the 2013 Council on Foundations-Commonfund Study of Investments for Private FoundationsTM (CCSF).

The most comprehensive annual survey of its kind on private foundation investment practices and governance. The 153 foundations participating in the 2013 CCSF represent $94.1 billion in assets. Topics covered in the study include:

Austin, Texas, is the top spot to be an entrepreneur, make movies, get fit, have a dog, and eat barbeque—but as recently as a decade ago we ranked near the bottom of per capita giving. While other Texas cities, like Dallas, Fort Worth, Houston and San Antonio, have a long history of philanthropy, ours was principally a university town and state capital. That is, until the 1990s when the limestone outcroppings west of downtown sprouted glass office buildings and became the “Silicon Hills.”

In this week's This Week at the Council, you'll find:

  • House Bill is a Big Win for Foundations
  • Community Foundations are "Coming Home"
  • Finalists Announced for 2014 Council Awards Program
  • Take Part in the #CF100 Video Contest
  • Philanthropy and Unaccompanied Children on the US Border
  • And More!

Read it all, available online!

This afternoon, the United States House of Representatives passed an important legislative package impacting philanthropy, the “America Gives More Act of 2014” (H.R. 4719), with a bipartisan super-majority vote of 277-130.

While a sizable number of Democrats voted against the bill because of concerns over how to pay for these provisions, they nonetheless expressed support for the policies advanced by the charitable provisions in the bill.

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