PRIVATE & FAMILY FOUNDATIONS 

  • Typically started by a family looking to direct their philanthropy that addresses a range of their interests
  • Usually has intergenerational component to governance (e.g. Grandparents to grandchildren)
  • Assets growth through prudent investment strategy, but not through ongoing fundraising
  • Recent interest in aligning assets for Mission Related Investments (MRIs)
  • Have professional staff that manage the day to day operations of the Foundation
  • Grants are often provided to qualified nonprofits and charities
  • Can sometimes provide funding for scholarships and fellowships
  • Rely on their financial advisors to provide annual return that can fund operations and grant quota
  • May engage external advisors to volunteer on review panels
  • Have discretion on what to fund and may decide not to make their grantmaking public
  • Some in fact want to be very discreet, and in some cases anonymous
  • May develop and fund their own programming to reach mission success
  • In some instances may involved Family Office to support activities

IF YOU WERE TO VISIT THREE WEBSITES TO LEARN MORE:

J.W. McConnell Foundation

Fluxx

Martin Family Foundation

Foundant

Lawson Foundation

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