Family Foundations

Family foundations are a common form of private foundations. Although not a legal term, grantmakers use the phrase "family foundation" to describe private foundations that are managed or influenced by the original donor or their family.

Family foundations are often, but not always, characterized by:

• family members serving as the majority of board members on a voluntary basis
• concentrating giving locally in the donor's community
• focusing on the philanthropic intent of the donors
• involving high participation from family members

Family foundations allow families to create a forum to work towards common social goals and promote giving to future generations.

This section contains helpful resources and information for families that operate or are considering creating a family foundation.