Posts by National Center for Family Philanthropy

Discretionary grants

Posted by National Center for Family Philanthropy on November 15, 2007

Q: We were thinking of creating a discretionary grant policy where each board member could make some grants in their own areas while keeping the majority of the foundation’s grantmaking in our parents’ home state. How many other families do this and is this a good idea? A: Many family foundation boards...

The Lumpkin family foundation

Posted by National Center for Family Philanthropy on October 15, 2007

When the Lumpkin family began, in 2005, to consider a new grant program, they encountered a stumbling block. While the family had a number of common interests—healthy food, education, water quality, nonprofit capacity-building—none of them produced enough “collective passion” to warrant the creation of...

The Laird Norton family

Posted by National Center for Family Philanthropy on September 15, 2007

With a family business that goes back 152 years, the Laird Norton family has a lot of history to chronicle. That’s why they’ve chosen several ways to do it, including some novel approaches. In 1855, two brothers, Matthew George Norton and James Laird Norton, and their cousin, William Harris Laird,...

The Harman Family Foundation: Learning Leads to Focus

Posted by National Center for Family Philanthropy on August 15, 2007

Wellesley College Professor of English Barbara Harman awaited the release of her book The Feminine Political Novel in Victorian England. The year was 1998, and when it arrived, after 10 long years of research and writing, she experienced something she assumes many authors discover upon the publication...

The Charles A. Frueaff foundation

Posted by National Center for Family Philanthropy on July 15, 2007

It’s moving day at the Charles A. Frueauff Foundation. It’s a hectic but exciting time. After 10 years in the same three-room office space, the Frueauff Foundation is moving to a new 4300-square-foot headquarters complete with board rooms and conference space in Little Rock’s booming River Market...

The Theodore R. & Vivian M. Johnson scholarship foundation

Posted by National Center for Family Philanthropy on April 15, 2007

“Mr. Johnson felt he had been ‘lucky.’ Those were his words: ‘You know, we’ve been lucky with money.’” Theodore “Ted” Johnson returned from service as a gunnery officer in World War I and took a job with Merchants Parcel Delivery, a private messenger and delivery service. Johnson would work his way...

The Hill-Snowdon foundation

Posted by National Center for Family Philanthropy on March 15, 2007

Arthur B. Hill, a pharmaceutical salesman with no formal education who worked his way to the board of directors of Johnson & Johnson, created the Arthur B. Hill Foundation in 1959. For years, the foundation would operate as a “kitchen table” philanthropy with volunteer family members managing the...

The Durfee foundation

Posted by National Center for Family Philanthropy on February 15, 2007

In 1935, R. Stanton Avery and his wife Dorothy Durfee Avery founded Kum-Kleen Adhesive Products. Stan provided the product: a new invention of his own design—the first commercially feasible self-adhesive label machine. Dorothy provided the capital: a $50 bank loan using the Ford Model A she had...

The Barbara and Donald Jonas family fund: Painting a family philanthropy canvas

Posted by National Center for Family Philanthropy on January 15, 2007

Having just moved into their New York apartment, Barbara and Donald Jonas found themselves staring at a blank canvas. “About thirty years ago, we had moved into a lovely apartment with a lot of walls and we wanted to do something together,” says Barbara. “[My husband and I] thought that [investing in...

The 990-PF in a Nutshell: What You Need to Know

Posted by National Center for Family Philanthropy on August 15, 2004

What is the 990-PF and who needs to fill one out? The 990-PF is the tax return used for all private foundations filing under tax-exempt status, which inventories all of a foundation’s assets, investments, revenue, expenses, and charitable disbursements throughout the fiscal year....

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