The Council on Foundations, formed in 1949, is a nonprofit membership association of grantmaking foundations and corporations. Members of the Council include more than 1,700 independent, operating, community, public and company-sponsored foundations, and corporate giving programs in the United States and abroad.

Contributions

Balancing Purpose, Payout, and Permanence

Posted on August 30, 2020 by Council on Foundations, National Center for Family Philanthropy, Tony Macklin

How much should we spend? This is an essential question for foundations, and one of the most complex, particularly in moments of change or turmoil. This Strategy Guide invites you to reflect more deeply on how your foundation chooses to balance four factors—purpose, conditions and trends, time horizons, and assets for mission—especially in times of greater crisis or opportunity. It… Read More
Voices from the Field

The Effects of Family Culture on Family Foundations

Posted on June 10, 2019 by Council on Foundations

family silhouette at sunset
Yet it is exactly this—a characteristic way of thinking, feeling, judging, and acting—that defines a culture. In direct and subtle ways, children are molded by the family culture into which they are born. Growing up, their assumptions about what is right and wrong, good and bad, reflect the beliefs, values and traditions of the family culture. Most take for granted their family’s ways, and they carry into adulthood numerous attitudes and behaviors acquired in childhood… Read More

Recommended Best Practices in Managing Foundation Endowments

Posted on November 29, 2017 by Council on Foundations

While foundations differ in sophistication, resources, staff, and amount of financial resources, there are both specific responsibilities incumbent on foundation boards and generally accepted principles for investment management. These best practices are universal to effective management of investment portfolios as applied to fit the specific circumstances of each foundation… Read More

10 Things Every New Foundation Board Member Should Know

Posted on November 8, 2013 by Council on Foundations, BoardSource

This publication is designed as a basic guidebook for the new foundation board member, providing an introduction to tools and knowledge essential in the first years of service on the board. While it is not a substitute for legal, financial or other professional advice, it will help inform you about the responsibilities that accompany board service. This tool was developed… Read More