Definition, Meaning & Synonyms

founding-family

noun

/ˈfaʊndɪŋ ˈfæmɪli/

Definition

A founding family is a group of relatives who have established a business or organization and typically maintain significant control or influence over its operations, often spanning multiple generations.

Examples

The founding family of the company has been involved in its operations for over a century.
Many schools in the region were established by a single founding family, which continues to support them.
The founding family’s legacy can be seen in the values and mission of the organization.

Meaning

The term refers to the family or families that initiated the founding of a company, institution, or community. These families usually have deep ties to the entity and may significantly shape its culture and policies over time.