What are the different types of private foundations?
Private non-operating foundations are the most common type of private foundation. The bulk of their expenditures are in the form of grants to other organizations. They do not operate their own charitable programs to any substantial extent.[5] Private operating foundations are private foundations that use the bulk of their resources to run charitable programs of their own. They make few, if any, grants to outside organizations and generally do not raise funds from the public. Private foundations include family, independent and corporate foundations. Family foundations, as defined by the Council on Foundations, are private foundations in which the donor or the donor’s relatives play a significant governing role. Independent foundations are private foundations that make grants from their endowments and have independent boards that are not controlled by a donor, the donor’s family or a corporation. Corporate foundations are private foundations that derive their grantmaking funds primarily
