Posts tagged to 'Board selection'
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...
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...
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 October 25, 2010
Welcome to the October edition of “On the Phone With…,” our series of interviews with leading family foundations and philanthropy experts from around the country. This month we’re on the phone with Alice Buhl. In this interview, Alice discusses the "Spectrum of Family Involvement" for family...
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...
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...
Q: We want to involve a new generation in the foundation. At what age should we welcome new board members?
A: Family boards often agonize over what the minimum age for board members should be. Older family members worry which groups, branches, or people will be included or excluded....
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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...