Everyone who works in philanthropy has a different and interesting story of how they “found” the field. For many, it is a story of starting in philanthropy after a long career in another industry. Others tell a different story: you need not wait to become a philanthropist. Around the world, a growing movement of young people is not waiting to be a part of the change made possible by philanthropy.
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.
How can you do the most good, with limited resources, when facing enormous problems? That question lies at or near the heart of every decision at a foundation. This is true of the grant dollars which support community institutions and provide for social services, and it is true of the endowed dollars which are invested to in order to fund future grantmaking – providing for generations to come and needs unforeseen.
This post originally appeared as an op-ed in The Guardian on July 16, 2016.
There is no doubt that the U.S. is suffering from what feels like the unravelling of social order.
In this issue of Washington Snapshot, you'll find:
- Delayed Release for Hatch Corporate Integration Plan
- IRS Publishes Regulations for 501(c)(4)s
- Israel Passes Controversial New 'NGO Transparency Law'
- The Legal Team is Available to Answer Members' Questions!
- North Carolina Moves Toward Performance Assessments for State Programs
Read all this and more, online now.
Last week’s shootings in Baton Rouge, St. Paul, and Dallas have made more urgent our need for a national civil discussion about longstanding systemic challenges that deeply divide our communities. The Council on Foundations steadfastly denounces the killing of innocent people, no matter their skin color, political position, gender, religion, or sexual orientation. We mourn the lives lost and send our thoughts to their friends and loved ones and to our philanthropic colleagues who serve and lead in the affected communities.
In this Week's Washington Snapshot:
- Field Signals Support for Preserving DAFs
- Bill to Restrict Foreign Contributions Introduced in House
- New Survey Results on Impact of DOL Rules on Nonprofits
- Trending in Legal Affairs: 'Til DAF Do Us Part, 2.0
- Happening in the States: New Fiscal Year, Same Old State Fiscal Challenges
Read all this and more, online now.
In this week's Washington Snapshot:
When my colleague and fellow attorney Lara Kalwinski, Senior Counsel for Policy and Compliance and Executive Director of National Standards, and I both came to the Council on Foundations in 2013, we each had extensive experience with the Council’s books, newsletters, and other legal publications. In fact, we both relied heavily on these resources in our previous positions.
Realizing that it was time to begin updating them to incorporate changes in the law and other new information, Lara and I began to brainstorm about the best ways to deliver the information to our members.
This post originally appeared as an op-ed in The Chronicle of Philanthropy on June 24, 2016 with the title "Brexit Vote Will Force Philanthropy to Tackle Many Tough Issues."
The vote for Britain to exit the European Union took philanthropy and the rest of the world by surprise. But it raises tough new questions about how grant makers should respond to political and financial turmoil and uncertainty.
I started this blog post earlier in the month to recognize June as Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ)* Pride Month, but the tragedy in Orlando rightly caused the Council and my blog post to change course. As June comes to a close, it seems fitting to celebrate the LGBTQ community and the steps which our society has taken on its journey toward full equality.