Independent Foundations

Private foundations make grants based on charitable endowments. The endowment funds come from one or a small handful of sources -- an individual, a family or a corporation. Because of their endowments, they are focused primarily on grantmaking and generally do not raise funds or seek public financial support the way public charities (like community foundations) must.

Private independent foundations are distinct from private family or corporate foundations in that an independent foundation is not governed by the benefactor, the benefactor’s family or a corporation. Of the largest private foundations in the United States, most are independent foundations, although they may have begun as family foundations or were converted from corporate foundations. There is no official IRS or legal definition of independent foundations, so it is difficult to arrive at statistics that are fully representative of the field.

Below is everything on our site for independent foundations. You can use the filtering options on the right to narrow these results.

Although votes in some races are still being counted, we know the results of the US midterm election will lead to changes in Washington in the new year that may impact global grantmakers. From changing Congressional committee leaders to upcoming reviews of US foreign assistance and the 2020 budget process starting in 2019, there are many ways the outcomes of this month’s election can influence the work you support in countries around the world.

These four analyses explore how the election results may impact key policies and institutions that US grantmakers work with globally:

Philanthropy California is offering funders an up-to-the-minute briefing on the fires, local and state agency responses, and how to aid local efforts and avoid fraud.

With the passage of last year’s tax code overhaul, Congress created Opportunity Zones—areas in low-income census tracks designated by governors, where private equity investors can invest capital gains in new development ventures in exchange for tax forgiveness after 10 years. However, now that proposed regulations have been released, speculation remains as to whether Opportunity Zones will catalyze needed community infrastructure and economic development opportunities for the people who are residents and small business owners who live in these Zones.

In case you missed it, last month the Council announced our next leader. We are honored that Kathleen P. Enright will become the Council’s new President and CEO, effective March 5, 2019. For the last 17 years, Kathleen has led Grantmakers for Effective Organizations (GEO). Kathleen’s appointment equips the Council to become a better partner in a rapidly shifting landscape.

The Council on Foundations today announced that Studio in a School Association, a New York City-based program that serves young people by integrating visual arts into teaching and learning, will be awarded the Chapman Prize at its upcoming Awards Ceremony in Washington, D.C. on November 28.

Does your organization provide parking/transportation benefits to employees or do you already file the Form 990-T? If you answered yes to either of those questions, your organization will owe taxes for 2018 and the filing process is going to be different than it was last year. The Council’s government relations and legal experts are teaming up to provide a briefing on: