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.
FARA, FATF, and De-Risking (Oh My)!
Members, View Recording
The alphabet soup of global regulatory acronyms – FARA, FATF, and De-Risking to name a few – can lead to confusion for grantmakers. Join us for an update and discussion for how these regulations affect global grantmakers today. Hear directly from global experts and ask your…
Help us Reimagine the Council's Vision & Value to the Field
As you know, the Council’s conference, Leading Together 2019, convened April 29-May 1 in Miami. During my opening remarks, I shared early thoughts on how we can all work together in service of the common good.
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Reimagine the Council - August 14 Teleconference
What is the highest and best role for philanthropy? And how can the Council on Foundations support its members and the field to be a strong and trusted partner in advancing the common good? Kathleen Enright, president and CEO of the Council on Foundations, will hold a listening session to explore…
Reimagine the Council - July 25 Teleconference
What is the highest and best role for philanthropy? And how can the Council on Foundations support its members and the field to be a strong and trusted partner in advancing the common good? Kathleen Enright, president and CEO of the Council on Foundations, will hold a listening session to explore…
Reimagine the Council - July 2 Teleconference
What is the highest and best role for philanthropy? And how can the Council on Foundations support its members and the field to be a strong and trusted partner in advancing the common good? Kathleen Enright, president and CEO of the Council on Foundations, will hold a listening session to explore…
Reimagining the Council on Foundations: Visioning Session with Kathleen Enright - San Francisco
What is the highest and best role for philanthropy? And how can the Council on Foundations support its members and the field to be a strong and trusted partner in advancing the common good? Kathleen Enright, president and CEO of the Council on Foundations, will hold an interactive visioning session…
Reimagining the Council on Foundations: Visioning Session with Kathleen Enright - Raleigh
What is the highest and best role for philanthropy? And how can the Council on Foundations support its members and the field to be a strong and trusted partner in advancing the common good? Kathleen Enright, president and CEO of the Council on Foundations, will hold an interactive visioning session…
Reimagining the Council on Foundations: Visioning Session with Kathleen Enright - Los Angeles
What is the highest and best role for philanthropy? And how can the Council on Foundations support its members and the field to be a strong and trusted partner in advancing the common good? Kathleen Enright, president and CEO of the Council on Foundations, will hold an interactive visioning session…
Reimagining the Council on Foundations: Visioning Session with Kathleen Enright - Detroit
What is the highest and best role for philanthropy? And how can the Council on Foundations support its members and the field to be a strong and trusted partner in advancing the common good? Kathleen Enright, president and CEO of the Council on Foundations, will hold an interactive visioning session…
Career Pathways: Opportunities Grow Through Philanthropy
Why Career Pathways
May marked my second session of the year-long Council on Foundations Career Pathways program. I applied to the program because several of my philanthropy mentors who are program alumni found it valuable, and enthusiastically encouraged me to pursue the opportunity. More than a…
Career Pathways: Letting the Sun Shine
“Have a great day and let your sun shine!” These are my departing words for my 8-year-old daughter every morning at drop off. It’s my rally cry hoping she unleashes her true self on the world (well, ok, her second-grade classroom) in everything she does.
Why Career Pathways
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Career Pathways: The Transformative Power of Philanthropy
I initially became interested in philanthropy while serving as artistic director of The Harmony Theatre Company, which I cofounded while an undergraduate at Columbia University. Navigating the funding landscape was a nigh-constant challenge, and it was clear that I would need to ascertain quite a…
Unintended Tax Consequences for Fortunate Morehouse College Students? There Could be a Fix for That.
What an incredible announcement on May 19 by billionaire and philanthropist Robert F. Smith who pledged to pay off the student loans of all 2019 Morehouse College graduates. How great for these students. However, as some observe, this incredible gesture of generosity may have a downside in the form…
#shiftthepower: Three Ways Grantmakers Can Uplift Grantees to Create Cascading, Systemic Change
Social impact organizations do tough but vital work in under-resourced spaces — spaces constantly shrinking due to humanitarian emergencies, natural disasters, armed conflict and oppressive governments. The international donor community’s response to this challenging landscape has increasingly…
Women's Foundations and Funds: A Pioneering Force in Philanthropy
Women’s foundations and funds have established themselves as a powerful force in philanthropy dedicated to women and girls. Giving from these organizations is substantial, but aside from a 2009 landscape report from the Foundation Center and Women’s Funding Network, our understanding of women’s…
Washington Snapshot: Preserve Charities and Houses of Worship Act Introduced; Request for Information on Opportunity Zones Regulations
In This Week's Edition of Snapshot...
Preserve Charities and Houses of Worship Act Introduced
Request for Information on Opportunity Zones Regulations
At-Risk Community Index for 2020 Census
States Continue Enacting Targeted Tax Credits
The Council Hosted Public Policy Preconference in Miami
On…
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