Family Foundations
The Council on Foundations defines a family foundation as one whose funds are derived from members of a single family, though this is not a legal term and has no precise definition. The Council on Foundations suggests that family foundations have at least one family member serving as an officer or board member of the foundation and, as the donor, that individual (or a relative) must play a significant role in governing and/or managing the foundation. Most family foundations are run by family members who serve as trustees or directors on a voluntary basis. In many cases, second- and third-generation descendants of the original donors manage the foundation.
Family foundations make up over half of all private (family, corporate, independent, and operating) foundations, or 40,456 out of approximately 73,764 foundations (Foundation Center, 2011). Family foundations make up approximately one-third of the Council’s membership.
Family foundations range in asset size from a few hundred thousand dollars to more than $1 billion. The holdings of family foundations total approximately $294 billion, or about 44 percent of all foundation holdings of $662 billion. Despite this, three out of five family foundations hold assets of less than $1 million. Family foundations gave away approximately $21.3 billion in grants in 2011 (The Foundation Center, 2011).
Below is everything on our site for family foundations. Due to the large number of resources on our website, we highly recommend you use the site navigation or the search feature to find what you are looking for.
More Than Just Disasters: How Natural Hazards Exacerbate Racial, Gender, and Wealth Inequalities
Philanthropy has responded generously to a range of extreme natural events over the past few years, from wildfires to earthquakes to floods to hurricanes and to heatwaves. Recent extreme natural events have exposed the vulnerability of marginalized communities – especially low-income communities…
2019 UN General Assembly Philanthropic Side-Events
In September 2019, representatives from government, civil society, and the corporate sector will come together at the 74th Session of the United Nations General Assembly (UNGA) in New York City to discuss important global challenges, from hunger and poverty to climate change and natural disasters…
Washington Snapshot: Budget Agreement Passed by House; Moving onto 2020 Appropriations Bills
In This Week's Snapshot...
Budget Agreement Passed by the House
Moving onto 2020 Appropriations Bills
Senate Approves New Defense Secretary
Student Loan Debt Legislation Unveiled
USDA Proposes to Narrow Food Stamp Eligibility
Department of Labor Resources for Hurricane Recovery
States Bring…
2019 Endowments & Finance Summit - Plenary Sessions
Plenary Sessions
Check back here often for updates.
Opening Plenary — Meeting Obligations in a Time of Financial Volatility and Uncertainty
Thursday, September 19 | 9:15-10:30 a.m.
None of us can see into the future. But for foundation leaders, having that unique ability would be…
Global Philanthropy Update - July 2019
The United Nations' annual mid-year High-Level Political Forum (HLPF) finished earlier this week. I was in New York to join several events and enjoyed connecting with a broad variety of organizations and people working to achieve the Sustainable Development Goals (SDGs) by 2030, including many…
Washington Snapshot: A Budget Deal Could Be Reached Before August Recess; States Sue to Challenge IRS SALT Workaround Rule
In This Week's Snapshot...
A Budget Deal Reached?
House Repeals the ACA Cadillac Tax
Department of Agriculture Scientists Relocated from DC
Federal Reserve Board Beige Book Published
States Sue to Challenge IRS SALT Workaround Rule
Most Legislative Sessions End, Budget Crises Emerge
News…
Private Philanthropy Update—July 2019
Recent data on giving by Americans signals concerns for US philanthropy. New research on US philanthropy shows lower levels of giving in 2018, even as our economy showed healthy growth overall. Giving USA reports less overall giving in 2018, following four years of steady growth. Specifically,…
Washington Snapshot: Talks About Raising the Debt Ceiling Resume; Judge Denies DOJ Bid to Swap Lawyers for Census Citizenship Question Case
In This Week's Snapshot...
Talks About Raising the Debt Ceiling Resume
Department of Education Invites Applications
EDA Prioritizes Applications for Projects Located in Opportunity Zones
IRS’ National Taxpayer Advocate Report: Recommended EITC Reforms
Judge Denies DOJ Bid to Swap Lawyers for…
Giving USA 2019
External Resource
Amid a complex climate for charitable giving, American individuals, bequests, foundations, and corporations gave an estimated $427.71 billion to U.S. charities in 2018, according to Giving USA 2019: The Annual Report on Philanthropy for the Year 2018.
Highlights from the Report
Giving by…
Programming
Thursday, September 19
Opening Plenary - 9:15-10:30 am
Meeting Obligations in a Time of Financial Volatility and Uncertainty
None of us can see into the future. But for foundation leaders, having that unique ability would be helpful in mitigating global financial issues and trends that force…
Washington Snapshot: House Ways & Means Subcommittee Hearing on SALT, Repeal of UBIT Fringe Benefits Provision Passes Committee
In This Week's Edition of Snapshot...
House Ways & Means Subcommittee Hearing on SALT
Repeal of UBIT Fringe Benefits Provision Passes Committee
Change in the Private Foundation Excise Tax Passes Committee
Supreme Court Rules on Census Citizenship Question
Wayfair and Tax-Exempt…
2019 High-Level Political Forum (HLPF) Philanthropic Side-Events
The High-Level Politcal Forum (HLPF) will meet from July 9-18, with a theme of "empowering people and ensuring inclusiveness and equality."
The set of goals that will be reviewed includes Goal 4, Goal 8, Goal 10, Goal 13, Goal 16, and Goal 17.
If you are hosting side-events featuring philanthropy…
Improve Peripheral Scanning & Get Deeper Insights
How can foundations better anticipate ways in which the world is changing around them? This is a challenge for every organization functioning in what the military has termed a “VUCA world.” The acronym refers to an operating environment characterized by Volatility, Uncertainty, Change and Ambiguity…
Washington Snapshot: Fiscal 2020 Minibus; Federal Cash Crisis for Humanitarian Assistance at the Border
In This Week's Edition of Snapshot...
Fiscal 2020 Minibus
Federal Cash Crisis for Humanitarian Assistance at the border
House Ways and Means Subcommittee Hearing on Ending the TCJA Tax
Treasury Department Issue Final SALT Rules
FEMA: Building Resilience
Capital Cities Looking to Nonprofits to…
Philanthropic Resources Needed to Ensure an Accurate 2020 Census Count
Members, View Recording
On July 10, 2:00 p.m. ET, the Council hosted a funders-only webinar with the Democracy Funders 2020 Census Subgroup. During this event, we've learned more about the national philanthropy strategy to ensure an accurate count on the 2020 census and understandwhat further…
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