August 2012 FGN: The First Year: Tips and Tools for the New Family Foundation CEO
It is sometimes said that serving in the role of family foundation chief executive is an art, not a science. Family foundation CEOs have many roles to play and many constituencies to serve. But what distinguishes this job from those at other grantmaking organizations is the relationship between the CEO and the donor family. It’s a partnership that encompasses representing a family in a community, working within a family’s culture, and engaging in grantmaking in the context of a family legacy. The base on which an effective foundation is built is the trust between the staff and the family. Building that trust is your most important task. In this month’s issue of Family Giving News, we share advice and tips for new CEOs from family foundation CEOs across the country.