Posts tagged to 'Board roles and responsibilities'

What questions should we ask our auditors?

Posted by National Center for Family Philanthropy on February 15, 2013

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...

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...

Tips and tools for effective family board meetings

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

This month’s Ask the Center features tips and tools for effective family board meetings from Marla Bobowick, former Vice President at BoardSource and founder of Bobowick Consulting, and Karie Brown, principal of KB Consulting and Board member of the Hidden Leaf Foundation. Marla and Karie were the...

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...

Motivations for board service: Why many family members want in and some don't want to leave

Posted 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...

Site Visits: A Tool for Effective and Engaged Donors

Posted by Sarah Trzepacz on August 15, 2005

Writing a check to a nonprofit is not in and of itself a particularly satisfying activity and it is only one step in getting the job done. There is no greater satisfaction than having some involvement with the organization you are helping to fund. Site visits accomplish this. Nothing beats getting to...

Back to top