Posts tagged to 'Board continuity'

The CEO role: Engaging the family foundation board over the long haul

Posted on April 29, 2014

"The critical thing is in understanding, having conversations, taking the time to really unearth where your board members are coming from with their particular perspectives of what they want to do. Often people have a story or a narrative that helps to define what they are most interested in....

Four critical elements for generational succession

Posted by Virginia Esposito on February 26, 2014

Dear FGN Readers: The National Center for Family Philanthropy fields hundreds of questions about family giving over the phone, through email, and in person every year.  Thousands more use the Family Philanthropy Online Knowledge Center to search for answers on their own in the thousands of articles,...

Igniting the Spark: What Is a Next Gen Board and Why Do Family Foundations Use Them?

Posted by Kevin Laskowski , Katie Marcus Reker and Annie Hernandez on June 15, 2013

By Kevin Laskowski, Annie Hernandez, and Katie Marcus Reker Part 1 of 2 The National Center for Family Philanthropy and Youth Philanthropy Connect, a program of the Frieda C. Fox Family Foundation, have teamed up on the release of our latest Passages Issue Brief entitled, “Igniting the Spark: Creating...

Positioning your board for proactive, positive, transitions from senior leadership to the next generation

Posted by Alice Buhl on January 15, 2013

Editor’s Note: As NCFP begins the celebration of our 15th year, one of the key overarching themes of our work will be the exploration of the many types of transitions that family philanthropies experience. To help kick off our Year of the Transition, we’re pleased to share an excerpt from one of the...

Fifteen Timeless Tips For Trustee Training and Succession

Posted by Jason C. Born on September 15, 2012

Year after year, one topic in family philanthropy rises to the top: inspiring, engaging, and preparing the next generation for leadership. Sooner or later, unless the board decides to spend down the endowment, board succession in family foundations is a matter of when, not if. Since its founding in...

Family members as staff

Posted by National Center for Family Philanthropy on November 15, 2010

What is the best way to formalize the process of hiring and setting salary for a family member? LIZ WALTERS: Off the top of my head, I can think of four things that we did. The first thing was to create job descriptions. I was the only staff member to begin with, but we also created a job description...

Family involvement: The spectrum of options

Posted by Alice Buhl on October 15, 2010

Kelin Gersick’s book, Generations of Giving: Leadership and Continuity in Family Foundations, outlines the patterns most often seen in family philanthropy. In the first generation the donor has the strongest involvement and control. In the second generation more family members become involved and by...

Emeritus board members: Curse or blessing?

Posted by Alice Buhl on August 15, 2010

Mom and Dad are aging but we want to keep them involved. Aunt Sally has been running the foundation forever but the other board members feel it is time for someone else to take over. Uncle John is beginning to get confused. The three sisters in the second generation have been controlling things for...

Governance as leadership in tough times

Posted by Alice Buhl on April 15, 2009

For many foundations, establishing the payout level has become fairly perfunctory. The staff or accountants do the math and the foundation pays out the 5% required by law. However, I have worked with foundations that struggle to balance their desires to solve the problems of today and to protect assets...

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...

Back to top