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. You can use the filtering options on the right to narrow these results.

Just before the Annual Conference, the Career Pathways cohort met up in Dallas for our next session. Here’s what we did during these three days of learning, sharing, and growth.

We went all-in right from the start. On the first day, the cohort gathered in a circle to share stories of self-care, personal celebration, promotion, and work/life balance. By now, we were friends reuniting in a familiar space, which enabled us to talk freely about taking risks, seizing opportunities, and navigating our careers as women, people of color, and/or allies focused on DEI.

In This Week's Edition of Snapshot...

  • Tax Reform Update: Congress must address a packed agenda before getting to tax reform
  • "Johnson Amendment" may be discussed in House hearing
  • DOE aims to reduce regulations following EO
  • President Trump unveils infrastructure plan in budget
  • In the States: Nonprofits ratchet up pressure to break Illinois budget impasse; Texas bans governments from seeking sermon disclosures

In This Week's Edition of Snapshot…

  • Take Action: Extend the Charitable Deduction to All Americans
  • Tax Reform Update: Competing legislative priorities complicate tax reform prospects
  • State Reliance on Federal Funds
  • New York Revitalization Act Amendments Go into Effect

Editor’s Note: This blog post spotlights Community Foundation of the Lowcountry, which was one of 10 recipients of the 2017 HUD Secretary’s Award for Public-Philanthropic Partnerships. The awards are a joint effort between the U.S.

In This Week's Edition of Snapshot…

  • Ways and Means holds tax reform hearing, tension builds around border adjustment idea
  • New research estimates sharp decrease in giving under proposed tax code changes
  • Trump administration releases FY 2018 budget
  • In the States: New York nonprofit contractors take on City Hall; Texas two-step on nonprofit independence and public disclosures

Council staff are back in D.C. after a whirlwind Annual Conference in Dallas last month, where we were joined by more than 1000 attendees from around the world. You can see conference highlights at cof.org/2017annual. Thank you to all of our global speakers and especially to our global conference sponsors: Walmart Foundation, Gordon and Betty Moore Foundation, Hilton Foundation, Wallace Global Fund, and CAF America.

In This Week's Edition of Snapshot…

  • Tax Reform Update: Ways and Means Committee holds hearings, Senate gears up for tax reform
  • Assistant Secretary for Tax Policy named
  • Hearing on IRS reform scheduled for tomorrow
  • In the States: state budgets passing but on shaky footing; Mainers seek block grant transparency

Three years ago, I met Charles Story at the Grants Managers Network annual conference in San Diego. He was a featured panelist on a session about Extreme Management — successfully leading teams in constantly changing organizational environments. I was so impressed with his insights that we would start working together the following year, and I soon learned that Charles was also an executive coach with the Council’s Career Pathways (CP) Program. When I heard about the program’s goals and curriculum, I was completely sold, and could hardly wait for its reboot in 2017.

In This Week's Edition of Snapshot…

  • Tax Reform Update: Health care legislation passed the House — so what now for tax reform?
  • Private foundation excise tax simplification bill introduced in House
  • House Set to Hold Hearings on Tax Reform and IRS Reform
  • FBI Director, Census Director Are Out
  • Oklahoma Advocacy Averts a Cap on Charitable Deductions

In This Week's Edition of Snapshot…

  • BREAKING: House holding Johnson Amendment hearing today, President Trump signs EO
  • Tax Reform Update: White House releases tax plan, Congress continues toward health care and tax reform bills
  • Congress averts a government shutdown
  • President Trump’s first 100 days in office
  • Treasury, IRS release notice to submit comments on priority guidance plan
  • Council heads to Dallas for Annual Conference