This white paper provides a review of critical governance issues that foundations must consider to remain in compliance with prevailing and emerging laws and regulations. Readers can expect content focused on Trustee fiduciary responsibilities as relates to duties of care, loyalty, and responsibility.
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.
This white paper outlines best practices with proven results that foundations can use to find and create a diverse and inclusive staff and investment advisory team. Readers will learn how to make the business case for more diverse and equitable strategies and link success in this area with investment results.
Sherry Magill PhD, Chair of the Board of Directors
I am deeply saddened to learn of the death of Rick Cohen. He and I first met in the mid 1990s when he served at national LISC and we were attempting to develop a local LISC chapter in northeast Florida. Over the years, we met annually at the Council's conference, sometimes sharing a drink or coffee and a conversation, sometimes stopping casually in a common area as we did recently in San Francisco.
Last Friday, a string of terror attacks took place across Paris, killing more than 130 people on a warm, lively Friday evening. The day before, a double suicide bomb attack killed more than 40 people and wounded 200 more in a market in South Beirut. These attacks happened the same week as a bomb at a funeral in Baghdad killed 18 and a Russian airliner killed 224 on board after crashing near Sinai, Egypt.
In this week's Washington Snapshot:
- Don't Miss out on Community Foundation Week;
- News from the Hill;
- Regulatory News;
- Happening Around the Globe;
- Trending in Legal Affairs;
- Happening in the States;
- Philanthropy News & Op-Eds.
Read all this and more, online now!
During this webinar, Council Leadership takes a look back at some highlights from 2015 and a look forward at what’s on the horizon for 2016. Discussion covers the multiple ways in which the Council has fostered community among philanthropic leadership and how our members have played an integral role in building community within their own neighborhoods.
Join us as a Partner at the 2016 Annual Conference
The philanthropic community will come together at the 2016 Annual Conference to address some of today's toughest challenges. The Council on Foundations' Annual Conference brings together global leaders from across philanthropy to develop the ideas and strategies that will shape the future.