In this week's Washington Snapshot:
Public foundations are grantmaking public charities that gain their funds from a variety of sources, which may include foundations, individuals, corporations, or public entities. Public foundations may engage in fundraising, and may seek broad public financial support. They may or may not have endowments. There is no legal definition of a public foundation, but most dedicate a significant portion of their annual budgets to grantmaking. Most community foundations are also grantmaking public charities.
Since public foundations may be defined in different ways, and there is no official IRS or legal definition of public foundations, it is difficult to arrive at statistics that are fully representative of the field.
Below is everything on our site for public foundations. You can use the filtering options on the right to narrow these results.
When I noticed late last year that the Council on Foundations’ annual conference would focus on climate change, I was delighted. For The Fund for New Jersey and other place-based funders, climate change has been a daunting challenge. We are a small foundation in a state with no coal-fired plants and we anticipated from the beginning that there would be a limit to what we could accomplish on this global problem.
In this week's Washington Snapshot:
This post also appeared as an op-ed in the Huffington Post on July 19, 2016.
Sustainability. Quality education. Poverty reduction. Gender equality.
If this list sounds familiar to individuals working in philanthropy or non-profits in the U.S., it should. Our sector is synonymous with these issues in part because our nation suffers from many of them, despite being the wealthiest country on the planet.
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.
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.