Do Family Foundations Spend More On Overhead?

In recent months, there have been policy conversations percolating on Capitol Hill that call into question the expenditures of private family foundations. Specifically, there have been questions about (and subsequent policy proposals to address) a possible abuse in family foundation expenditures as it relates to administrative expenses (i.e., salaries, travel expenses, etc.) that are incurred by employed family members or descendants of the original donor(s). To investigate this, data on private foundation spending was collected and analyzed to assess whether there were significant differences between overhead expenses of family versus non-family foundations. Read Full Article »