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 Council on Foundations exists to provide the opportunity, leadership, and tools philanthropic organizations need to make a meaningful difference. As a national organization with a large and diverse membership, the Council possesses a unique ability to offer strategic leadership for philanthropy in its many forms.
In helping foundations LEAD TOGETHER, the Council aims to help grantmakers leverage their resources for common purposes.
In this week's Washington Snapshot:
- House Tax Policy Subcommittee to Hold Next Tax Reform Hearing;
- Council Submits Input on Multistate Registration and Filing Project;
- Accepting Donations for Individuals is Not Charitable;
- Connecticut Challenges Reflect National Trends;
- North Carolina Legislators Recommend Taxing Donors on Gifts from IRAs;
Read all this and more, online now.
The Council submitted a letter on March 31, 2016 in response to a request for information (RFI) issued in February by the Multistate Registration and Filing Project (MRFP)—an organization that works with the National Association of State Charity Officials (NASCO) and the National Association of Attorneys General (NAAG) to consolidate the information and data requirements of all states that require registration of nonprofit organizations performing charitable solicitations within their jurisdictions.
Use these resources in your meetings on the Hill and to promote the work back home. Make sure to check back regularly as updates may be released.