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.
The following piece originally appeared on Forbes.com. It is written by Brad Phillips of the Institute for Evidence Based Change, a Lumina Foundation grantee.
The largest influx of veterans since the end of World War II will return to the workforce and college in the next several years. The surge is the result of military downsizing following wars in Iraq and Afghanistan and steep cuts to the Pentagon’s budget. As the nation heads into the Memorial Day weekend and seeks lasting ways to honor military service, we have some suggestions.
During the 2014 Annual Conference - Philanthropy Exchange - we will be posting blogs written by speakers and attendees. If you are interested in blogging with the Council, contact firstname.lastname@example.org.
I love my city of Chicago. One of my prouder moments occurred in 2010 which, to me, witnessed the manifestation of about ten years of outreach, communication, and deepening mutual respect across normative borders. It came out of years of interfaith dialogue and growing friendships.
At the end of that summer, I arrived home from my studies in Amman, Jordan to a welcome of something called “Quran Burning Day” as promulgated by some obscure preacher in Florida named Terry Jones.
“The only reason for time is so that everything doesn't happen at once.” Albert Einstein
Imagine this: a well-intended, charitably-inclined person of wealth creates a trust in the year 1514. This generous benefactor, deeply committed to an altruistic objective, funds the philanthropic cause without a sunset provision; thus, by default, potentially in perpetuity.
In this week's Washington Snapshot, you'll find:
- Last Chance: Public Policy Preconference
- Ways and Means Passes Charitable Tax Extenders
- California Fundraising Law Advances
- Online Guide to Missouri and Illinois Charities
- Concern Over Future of New Markets Tax Credit
- Revision on NTEE Classification System
Read all this and more, online now.
The following infographic was prepared by Mark Neithercut, of Neithercut Philanthropy Advisors. You can also see his earlier graphic, Six Misconceptions About Family Foundations.