At the White House last week, foundation executives, including the Council’s President and CEO Vikki Spruill, met with senior Administration officials for a roundtable on the future of impact investing. A complement to charitable giving and foundation grantmaking, impact investing offers a powerful opportunity to provide cash, loans, or equity capital to an organization, fund, or company that intends to generate measurable social or environmental impacts, alongside financial returns.
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.
When Jessica David was wondering how to support her new hire, who was tasked with telling her foundation’s story online, she turned to her peers for advice.
With partnerships being very important in making the most of innovative ideas, how does one develop an authentic partnership? In a recent situation, I developed a partnership with several individuals to implement an idea at a large conference. Here are the lessons I learned:
In this issue of Washington Snapshot:
- Senate Tax Reform Hearings
- Lost Lois Lerner E-mails
- Social Impact Bond Act Introduced in House
- NOTICE Act Introduced in Senate
- Political Activity Rules Could be Expanded, Commissioner Says
- 2013 Giving USA Numbers Released
- Form 990 Data Availability
- Can Philanthropy "Fix" Democracy?
How can we engage older residents while tapping their expertise? In 2006, The New York Community Trust responded to an invitation from Atlantic Philanthropies offering challenge to get people over 60 involved as they improve life for everyone in their communities. Atlantic’s effort, called the Community Experience Partnership, used this tagline: “in the 60s they changed the world, in their 60s they might do it again.”
At the Council on Foundations Annual Conference in Washington, D.C., some funders were expressing a move toward a new way of doing business with their grantees. Accountability has long been a theme in grantmaking. It has traditionally been top-down – foundations being held accountable to the people whose money they are spending and grantees being held accountable to the foundations.
In this week's issue of Washington Snapshot, you'll read about:
- Community Foundation Survey
- Implications of Cantor Loss
- Impact of McCutcheon on Grantmaking
- Future Challenges and Opportunities for Community Foundations
- 2014 Annual Conference - Recap!
- Announcing New Board Members and Chair
Read all this and more online!
As a foundation whose roots trace back more than 80 years, reflection on the past is a key part of our process for moving forward. Are we staying true to the values and the intent of our late founder, Will Keith Kellogg, as we steward the resources he left to improve the lives of children and families? And can we employ new approaches to using those resources to maximize our impact on those he cared about most?