Governing Your Family Foundation
Perspectives and suggestions for governing your family foundation.
For additional resources on this topic, search NCFP’s Family Philanthropy Online Knowledge Center.
Are you looking for a quick and fun way to introduce them to concept of stewardship and the demands and possible challenges of being a foundation board member? Then this 5-minute video is right for you!
As a family foundation donor or trustee, you have a variety of important responsibilities as well as prohibited activities, as described in this this special slide show.
Fist to Five is quality voting. It has the elements of consensus built in and can prepare groups to transition into consensus if they wish.
This issue brief describes the skills, expertise, and perspectives that non-family board members can provide, as well as common challenges for families seeking to add their first non-family board members.
Different kinds of decisions made under varying conditions and circumstances may require different decision-making methods. This webinar shares several alternative approaches to making decisions in family philanthropy. (Friends and Subscribers only)
Board chairs play an important and indispensable role in family foundations. Much more than just an honorary title, serving as board chair requires extra preparation, time, and specific skillsets. (Friends and Subscribers only)
What process can your board use to decide how many non-family trustees to invite, and what qualifications and characteristics to look for? What are the biggest advantages to having new voices at the table? Are there any disadvantages or challenges? (Friends and Subscribers only)