What is a family foundation? A family foundation is a grant-making organization whose funds come from a single family. The founding family makes financial contributions to qualified non-profits whose mission aligns with that of the family. Giving through a family foundation may offer tax incentives not available as an individual.
Family foundations can be a way to start a tradition of philanthropy. The family establishes a mission for the foundation and infuses those ideals into the family’s giving. It is wise to allow the mission of the foundation to change and grow along with future generations. Contact the Madison Community Foundation for more information about how to establish a foundation for your family.
The Council receives gifts from several family foundations every year. Sometimes the Council needs to apply to the foundation; sometimes the foundation gives to the Council annually without being asked.
These gifts are used to teach people who are experiencing vision loss how to best use their remaining vision through in-home vision rehabilitation therapy, assistive technology training, or low vision evaluations.
If your family has a foundation and would like to make a difference in the lives of people who are blind or visually impaired, contact Lori at (608) 237-8114 or email lwerbeckes@WCBlind.org. From the Council family to yours, thank you for your generosity.
