Posts tagged to 'Board leadership'
by Lauren Hasey Maher
on August 18, 2014
There is an ever increasing commitment among families to be intentional about exposing the next generation and including them in their philanthropy. The recent Nexus Global Youth Summit showcased a number of truly innovative ways that participants were harnessing their professional skills to make an impact on an issue they care about, while doing it in collaboration with others.
When two family foundations met in the summer of 2010 to allow their engaged youth to connect with and learn from one another, we never would have predicted what would come out of it. It was these two foundations along with two others that launched, Youth Philanthropy Connect, a project of the Frieda C....
Editor’s Note: The National Center is delighted to partner in 2013 with the Bridgespan Group to share videos from its Conversations with Remarkable Givers series. In this month’s installment, we feature Bridgespan’s interview with Carolyn and Peter Lynch, co-founders of The Lynch Foundation....
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...
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...
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...
by Joseph Foote
on January 15, 2009
On a sunny Sunday in November, 2008, the board of the Durfee Foundation gathered in the 48-year-old foundation’s office in Santa Monica, California. The trustees already knew that the foundation’s assets of approximately $30 million had fallen 30 percent. The talk before the meeting focused on the...
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by Virginia Esposito
on May 15, 2007
Many of the requests for help that come to me directly or as referrals from colleagues or National Center staff are about governance. When it comes to the fundamentally important issue of effective trusteeship – and appropriate foundation governance – the range of questions is startling and no question...