Transitions in Family Foundations Published: January 1, 2018 Documents Transitions in Family Foundations Founded in 1990 by an entrepreneurial couple, this family foundation also includes in its governance model the adult children and their spouses. The founders involved their family from the very beginning, with their grandchildren now beginning to take part in choosing grantmaking priorities. The foundation is focused and selective in its activities, running its own programs through partners, and investing a good deal of the family’s time and expertise in their projects.