Posts tagged to 'Transparency'
by Adrian Bordone
on January 11, 2017
Every grant award offers a potential risk that should be understood and properly mitigated. Providing grants to a charity that has had its tax-exempt status revoked — even unknowingly — can lead to the disbursement being considered a taxable expenditure, prevent foundations from meeting the annual 5 percent distribution requirement, and cause the IRS to levy excise taxes — stiff fines — on the foundations involved.
by Lori Bartczak
on July 18, 2016
GEO’s Change Incubator is designed to help grantmakers strengthen relationships with their grantees in a way that leads to better impact. While GEO’s participating teams are still in the early stages of this work, they have started sharing some of what they are learning and how these lessons can be...
This is the first in a series of conversations with members of The Philanthropy Workshop curated by TPW member Devon Cohn. "TPW Talks Failure" examines stories about lessons learned, about the process of failing, and cautionary tales that shine a light into less explored areas or less well understood areas of the philanthropic world. This is a transcript of an interview with Sapphira Goradia, Executive Driector of The Goradia Foundation, which has been edited for clarity.
by Patrick Troska
on December 1, 2015
Patrick Troska, Executive Director of the Jay and Rose Phillips Family Foundation, reflects on the four "R"'s of his recent sabbatical: resting, roving, reflecting, and recharging. "It is important to acknowledge that nothing fell apart at the Foundation while I was away," writes Troska. I credit that to good planning and an extraordinarily good team. The sabbatical provided the opportunity for the Foundation to consider its succession planning needs (I won’t be here forever and everyone is replaceable)."
by Rick Cohen
on December 15, 2014
Given the immense diversity of foundations, it is a challenge to talk about any aspect of foundation behavior that goes beyond the minimum required in law and public policy to reach prescriptions for the behavior of foundations across the board. In truth, when discussions occur around issues of accountability, transparency, and disclosure, despite some 100,000 extant foundations, the conversation is implicitly about the larger, higher profile foundations, omitting scads of less visible philanthropic entities that in many communities constitute the philanthropic arena.
on May 28, 2014
Family foundations, by their very nature, are complex. With significant involvement of family members on the board and sometimes in operations as well, there can be layers of generations, widely divergent views and the need to preserve positive family relationships. This complexity is a challenge but...
"In the world of philanthropy, people are either going to trust us and see us as a transparent, honest broker or they're not. And if we demonstrate transparency and honesty along the way, we tend to get that back. And if we don't, we tend not to get that back."
--Rachel Monroe, President, Harry and...
by Kate Wolford
on August 15, 2013
Thinking about entering the world of Twitter, but not sure whether it’s a good use of your time? Not sure what to tweet about, who to follow, or how to measure and maximize the value of your time spent on social media? In this month’s edition of Family Giving News, we’re delighted to share the...
by Virginia Esposito
on August 15, 2013
Family philanthropy mirrors so much of what we care about and who we love that it is often reflected in many different aspects of our lives. It’s about relationships, passions, and the way we would like to make the world a better place. Little things can remind us why we care about excellence in...
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by Benjamin T. White
on May 15, 2013
Self-dealing is defined to include almost all business and financial transactions between a private foundation and its “disqualified persons.” So what is exactly is a disqualified person?
The following is excerpted from the National Center for Family Philanthropy’s Passages Issue Brief, “Avoiding...