Board Members

Going Beyond the Private Foundation: An Exploration of Vehicles

Posted on December 7, 2020 by Mark Newhouse, Eric Stephenson, Sharon Schneider, Will Fitzpatrick

stacks of coins growing larger
The practice of family philanthropy is evolving and so too are the structures that social impact practitioners employ to accomplish their objectives. However, a number of questions remain on the minds of philanthropic families. What are the available vehicles that promote social impact? How do families leverage multiple vehicles successfully? What is the role of a private foundation in relation… Read More

Family Identity and Culture

Posted on December 7, 2020 by Phillip Wm. Fisher, Armando Castellano, Lisa Parker, Tony Macklin

father, son, and grandfather skipping stones - traditions, generations, family cutlure
Many philanthropic families have a strong sense of identity, defined by their traditions and culture and carried out through their commitments to one another and the public trust. A clear family identity is driven by a shared purpose and philosophy, which in turn promotes a successful collective giving effort. How do families understand their shared purpose and ensure it faithfully… Read More

Defining and Translating Motivations and Values

Posted on December 7, 2020 by Jaimie Mayer, Nicholas A. Tedesco, Katherine Lorenz

stack of blocks with arrows pointing upward - direction, mission, plan
Clearly defined motivations and values are the underpinning of an effective family philanthropy strategy—they articulate a purpose, provide direction, and serve as a measure of accountability. They are also a dynamic and ever-evolving tool to guide donors and their family through the lifecycle of their philanthropic effort. Yet many families engage in social impact strategies without intentionally identifying aims and… Read More

Trends 2020: Foundation Giving

Posted on November 19, 2020

This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including payout rate, influences of giving decisions, discretionary grants, and much more. Family foundations must make choices around the size, number, and focus of their grants. They also have choices around how much they payout annually, the types of grants they make, and how… Read More

Trends 2020: Board Learning & Decision Making

Posted on November 19, 2020

This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including board activity, foundations as learning institutions, development of new ideas, and much more. Family foundation board members must allocate time and identify ways to track and acquire the information they need to serve as effective fiduciaries for the organization. This section explores the… Read More

Trends 2020: Community Interaction & Communication

Posted on November 19, 2020

This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including external communications, communications tools, outside perspectives, and much more. Increasingly, family foundations are finding new ways to communicate and engage with the communities they support. Many families are also considering the benefits of being more transparent with their philanthropy, but others feel that… Read More

Trends 2020: Family Dynamics and Next Generation Development

Posted on November 19, 2020

This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including generation dynamics, strategies for engaging the next-gen, factors impacting family participation, and much more. Engaging The Next Generation The vast majority of family foundations have either specifically decided that they will exist in perpetuity, or seek to do so. With that decision comes… Read More

Trends 2020: Governance and Staff

Posted on November 19, 2020

This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including board composition, governance policies, staff composition, and much more. How do family foundations choose who should serve on the board, and how they can prepare them for success when they assume this important role? Board composition and the establishment of appropriate governance policies… Read More

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