Ethics
Collected here are perspectives and tips for understanding and practicing ethical and effective family philanthropy.
For a wide variety of additional sample statements and other resources, search NCFP’s Family Philanthropy Online Knowledge Center.
READ: Code of Ethics – The Kresge Foundation
The Kresge Foundation expects ethical conduct from everyone affiliated with the Foundation. Those who violate the standards in this Code will be subject to disciplinary action, which may include termination.
READ: Why Did I Make All This Money: Values and Ethics in Family Foundations
In this essay from the original edition of Splendid Legacy, the late founder of the Institute for Global Ethics provides helpful context for important questions in ethics and family philanthropy.
READ: Criteria for Philanthropy at its Best: Ethics
Family foundation boards should seek to demonstrate accountability and transparency in their operations so that regulators and the public know that all grantmaking institutions are acting as ethical stewards of the tax-subsidized dollars with which they are entrusted.
READ: Surdna Foundation: Code of Ethics
A sample code of ethics from the Surdna Foundation.
READ: Code of Ethics (Richard and Susan Smith Family Foundation)
A sample code of ethics from the Richard and Susan Smith Family Foundation.
WATCH: Passing the “Mirror Test”: Ethics and Family Philanthropy (webinar)
This fun and interactive exploration provides case-based tips for how to frame and diagnose ethical dilemmas in family giving, featuring nationally acclaimed ethics consultant Michael Rion. (Friends and subscribers only)
WATCH: Ethics in Family Philanthropy: Right vs. Right Decision-making (webinar)
Ethical issues affect every facet of a family’s philanthropy from its structure and mission to its investment, grantmaking strategies, and perhaps most importantly, governance structure. This fascinating discussion features internationally renowned ethicist and long-time foundation trustee Dr. Rush Kidder, the founder and former CEO of the Institute for Global Ethics. [Please note that while Dr. Kidder passed away in spring 2012, his legacy and guidance live on through this special webinar.] Friends and subscribers only.