The Council's Board of Directors released this guidance memorandum in March 2010 and strongly recommends that when reviewing and approving foundation investment policies and procedures practices, all foundations—private and public-consider these best practices in foundation investment management.
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.
The Council on Foundations, in collaboration with BoardSource, is proud to announce the publication of an easy-to-use guide for new foundation board members. This publication is designed as a basic guide for new foundation board members, providing an introduction to tools and knowledge essential in your first years of service on the board of a foundation.
Private foundations and public charities, including community foundations, may meet with legislators and legislative staff, but must use caution when considering topics to discuss with legislators. This document contains some general guidelines to consider prior to visiting with legislators.
The persistent scrutiny of nonprofit governance has prompted leaders at many types of organizations to take steps to assure that their own houses are in good legal and financial order. For private foundations, this checklist is a good place to start.
This checklist for developing effective grantee relations was prepared by Jane Kendall, president of the North Carolina Center for Nonprofits and a trustee of the Kathleen Price Bryan Family Fund.
The Council on Foundations’ Foundation Management Series provides foundation boards and staff with the tools needed to benchmark their practices and operations against peers in the field. Containing data from the Council’s 2009 Foundation Management survey, the series consists of three reports: Board Composition and Compensation, Administrative and Investment Expenses, and Fiscal Oversight. Governance and Administrative Expenses: Key Findings provides a summary of survey data from all three reports.
This valuable resource guides foundations interested in becoming part of the national policy conversation and educating legislators about their impact in society. It offers advice on scheduling a meeting with a member of Congress; format options for those meetings; sample letter, fax, and e-mail formats; and more.