Posts by Susan Crites Price

What's the Role of the Family Foundation CEO?

Posted by Susan Crites Price on April 15, 2011

“I feel like I’ve just finished the greatest book I’ve ever read, and I’m sad.” This was the observation of one of 70 attendees at the first ever national symposium on the leadership role of family foundation CEOs, sponsored by the National Center for Family Philanthropy on March 23-24 in Washington,...

Fast friends... Linking youth from foundation junior boards

Posted by Susan Crites Price on November 15, 2010

Eleven-year-old Kylie of the Frieda C. Fox Family Foundation is a veteran grantmaker, having served on the junior board of her family’s foundation since age 8. But unlike the adults on her family’s foundation board, who can meet peers at grantmaker meetings and conferences, Kylie had no kids to compare...

A job like no other: Family foundation chief executive

Posted by Susan Crites Price on July 15, 2010

The late Gary Tobin dubbed family foundation chief executives Mad Hatters. It was a reference to the many hats these professionals have to wear: administrator, mediator, visionary, ambassador to the community, confidant and, occasionally, family therapist, just to name a few. Tobin believed there were...

Are you prepared to operate your family's philanthropy in a disaster?

Posted by Susan Crites Price on November 15, 2009

Like a lot of smaller funders, the 20-year-old McCarthy Family Foundation operated out of Treasurer Tim McCarthy’s home office. He learned a lot of important lessons about disasters the hard way after his home was among the hundreds of properties destroyed in the October 2007 San Diego wildfires....

The Highland Street foundation

Posted by Susan Crites Price on October 11, 2009

Summer’s over, but for many Massachusetts families, the memories linger on. That’s because from July 3 to September 4, Boston’s Highland Street Foundation sponsored Free Fun Fridays at each of 10 museums and other attractions across the state. Thousands of children and families enjoyed a free...

How to Close a Foundation: The Pottruck Family Experience

Posted by Susan Crites Price on April 11, 2009

With a tough economy comes tough decisions. That was true for the Pottruck Family Foundation board, which dissolved the foundation effective Jan. 30, 2009. As their assets shrank in the declining markets of 2008, the family decided that by shifting their philanthropy to a donor-advised fund, they could...

The William J. and Dorothy K. O’Neill foundation

Posted by Susan Crites Price on January 17, 2009

Lessons from One Family’s Transition from Founder to Nonfamily Director When Bill O’Neill Jr., president of the William J. and Dorothy K. O’Neill Foundation in Cleveland, decided to step aside from being “chief cook and bottle washer for 20 years,” the family faced a common dilemma: how to shift the...

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