Posts tagged to 'Board roles and responsibilities'
by Virginia Esposito
on March 1, 2016
According to the National Center for Family Philanthropy’s recent 2015 Trends Study, nearly 3 in 5 U.S. family foundations engage younger family members in the foundation — and more than 40% say they expect to add to or increase the number of younger-generation family members on their boards in just the next four years. This is an encouraging trend — especially for those of us who believe that these important institutions can have a much greater impact if they can keep the family productively engaged in their work.
by Phillip Henderson
on February 9, 2016
Checks landing in the mailboxes of nonprofit organizations with foundation return ad-dresses have long been considered philanthropy’s most important currency. Reflecting that view, family foundations have tended to focus their operations, self-image, and their very reasons for being on getting the dollars out the door...Lurking behind that 90 percent, though, is another story—it’s the natural tendency to conflate family governance of a foundation and strategic control of its mission with control of the grantmaking function.
by Karen Green
on February 7, 2016
Our current bylaws state, "The President shall be an ex-officio voting member of all committees." Is this typical or unusual? Is it best practice for a Board Chair and/or President to be an ex officio member of all of a foundation's committees? If so, is this person typically a voting or non-voting...
by Susan Packard Orr
on October 28, 2015
In this month's Ask the Center, we feature an excerpt from the newest Passages Issue Brief, "A steadying hand: The critical role of non-family board members," written by NCFP Distinguished Fellow Susan Packard Orr. This special PASSAGES provides insight on the various skills, expertise, and perspectives that a non-family board member can provide, as well as the common challenges for families seeking their first non-family board member, and tips for setting clear expectations for this role.
As our philanthropic family grows more diverse and distinct – as well as more geographically distant from the roots of the founders – how do we decide who should participate in the family’s philanthropy and how they will participate?
This month we are delighted to feature a question recently asked in our April webinar, The critical role of the board chair in family philanthropy. This wide-ranging conversation on the critical role of the board chair in family philanthropy featured international family foundation experts Virginia Esposito and Alice Buhl along with two experienced and thoughtful family foundation leaders.
by Katherine Lorenz
on November 18, 2014
The National Center for Family Philanthropy (NCFP) has been an invaluable resource for me as I navigate the tumultuous waters of helping to direct my family’s foundation. I was first invited to participate in the Cynthia and George Mitchell Foundation in 2004, soon after I turned 25....
As a matter of fact, we can!
We're pleased to share our new video, "So you want to be a family foundation board member," created especially for teenagers and young adults in search of a quick and lighthearted introduction to the many responsibilities of being a family foundation board member:
by Kevin Laskowski
on January 21, 2014
We have received inquiries from many family foundations who are trying to craft a mission statement for the first time or are re-imagining their current mission. This Ask the Center is excerpted from a 2007 piece written by Kevin Laskowksi “Where We Go From Here: Crafting a Family Mission Statement”....
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Once again everyone’s favorite time of year has arrived, audit time! For many, this can be viewed as a daunting and even arduous process. A family foundation in NCFP's network of Friends who no longer cringes at audit time shares this list of questions to ask your auditor to ensure...