Family Foundation

A family foundation is a private organization established by a family to support charitable causes. It pools family resources to fund projects, nonprofits, or initiatives that align with their values or interests. Typically governed by family members or appointed trustees, it offers a structured way to manage philanthropy, ensure legacy, and address community needs over time. Family foundations often provide grants, support education, health, arts, or social services, and can also serve as a way to teach younger generations about giving and civic responsibility.