On September 25th at the United Nations, 193 countries ratified the Sustainable Development Goals, a set of global targets that will serve as a new global framework for how governments, philanthropy, non-profits, and the private sector can work together to address challenges all of us and the communities we serve face on a local and global scale. Council staff have been participating in conversations about achieving these goals and philanthropy’s critical role in this endeavor.
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 philanthropy we’ve long known that we play a unique role by addressing society’s most pressing challenges at their root. Our work is distinct from charity – focused less on meeting immediate needs and more on tackling the underlying causes. And we’re well positioned to take risks to figure out what strategies work best to solve social problems, something that companies and other players beholden to greater political and consumer pressures can’t always do.
In 2012, the Department of Treasury and the IRS issued proposed regulations applicable to private foundations seeking to make grants to foreign organizations using equivalency determinations. At the time, the Council submitted comments in support of the rules, and urged Treasury and the IRS to consider making additional clarifications to the rules that apply to international grantmaking.
In the last year, there has been a spike in the number of refugees fleeing into Europe. There are still three-and-a-half months left in 2015, but the number of arriving refugees this year is already more than double the amount from all of 2014. The camps and centers that some refugees are forced to stay in are overcrowded and often lack food, water and other basic necessities.
It’s an ever-clear sky today. Just as it was in 2001. And yet ever-clear and jet trails slicing September blue-skies then are now reminders, important ones, of the events of 9/11 and the losses and learnings we have experienced since.
Reminders of those we mourn can help us grieve. Public memorials serve to both remind us who we mourn – may we never forget – and the very ideals we collectively honor. While beacons of light illuminate an ever-shifting New York skyline, there is another memorial in Shanksville, Pennsylvania that has its own story.
NOTE: This post originally appeared in the Huffington Post.
As a boy, I remember reciting the Pledge of Allegiance with my first grade class. We said it in unison; we stood together; and over time we came to understand what it meant.
As I got older, I would listen to the recorded voice of a young President at his Inaugural, who summoned a generation to think less of themselves and more of their country.
The Council submitted comments to the Department of Treasury regarding the Form 990. These comments highlighted elements of the Form that our Legal Affairs team receives inquiries about most often, and that we've found to create issues for participants of our National Standards for U.S. Community Foundations® program.