More than half of private foundations have assets less than $1 million

More than half of the private foundations filing a Form 990-PF during 2022 have total net assets of less than $1 million, the IRS has reported recently.

The full text of this article is available to paid subscribers only. Login or subscribe to read more

June Webinar

Understanding Private Foundations, DAFs and Other Forms of Philanthropy
Wednesday, June 10, 2026
1:30-3:00 PM ET

Are you a donor, a grant-seeker, a philanthropic manager, or a professional adviser to any of them? If so, you need to know the rules that distinguish various philanthropic structures. Knowing what rules apply — and how to apply them — can make the difference between success and failure of your projects.

This webinar will focus on private foundations and their special requirements, but will compare private foundations with donor advised funds, supporting organizations, and other forms of charitable activity. We will discuss when you might want to form a 501(c)(4) social welfare organization as a “foundation” that isn’t a private foundation.

Learn more and register

Nonprofit bylaw review

Don Kramer will review and comment on your own current or proposed bylaws

Do your Bylaws reflect the way you actually operate? Do they protect the interests of those who should be protected? Do they spell out clearly how to deal with governance issues? Or do they create uncertainty for those who have to implement them?

Most nonprofits don't spend a lot of time looking at their Bylaws until there is a question or a dispute. That's when you need bylaws that are clear and unambiguous, so your questions on how to proceed are already answered. That's when bad bylaws can lead to unnecessary controversies or even costly litigation. Nonprofit Issues editor Don Kramer will review your current or proposed Bylaws to see if they work for you.

Learn more

New Subscribers can have full access to the entire website and all editions for 3 months for only $17.95.

Subscribe Today

Here's what our readers say about Nonprofit Issues:
Thanks again for your excellent and helpful website - it's a wonderful resource for the non-profit community! --Stephanie H.

Thank you for your informative and keen advice on nonprofit matters. I believe it's a unique and concise place to get answers to this often wispy area called nonprofit. --Richard T.

Special Report Available

Increasing Gender Diversity on the Boards of Nonprofit Eds and Meds: Why and How to Do It

This report provides a rare inside view on barriers women face to selection and success that are particular to nonprofit organizations and makes specific recommendations on how to improve the gender ratio.
Download the full report free

YOUR ONE-STOP PLACE FOR NONPROFIT LAW YOU NEED TO KNOW

More than half of private foundations have assets less than $1 million

More than half of private foundations have assets less than $1 million