Posts tagged to 'Board roles and responsibilities'

Adam Rockefeller Growald’s Secret to Success in the Boardroom

Posted by Kylie Musolf on March 19, 2018

For seasoned trustees: Are you preparing your young people for success?

Three Takeaways From The Trustee Education Institute: Reflections From A Young Trustee

Posted by Jackie Hendrickson on December 27, 2017

"We shared what we learned about board legalities, evaluation tools, and how we came to start thinking of our new roles in the foundation."

Does NCFP have any resources to help my board chair prepare their successor?

Posted by National Center for Family Philanthropy on April 7, 2017

NCFP is happy to support this transition and we recommend the following resources to help you get started

Why Your Board Chair Needs a Job Description

Posted by Virginia Esposito on February 2, 2017

Successful family foundation board chairs are able to both drive action and manage egos — and are often the difference between a foundation deftly navigating challenging situations and being tripped up by them.

Should our foundation communicate externally that we are going to spend out?

Our foundation has made the decision to spend out in roughly 20 years. We have been transparent about this decision with current staff. Are there critical reasons not to communicate this externally at this point?  "I believe it is to your foundation’s benefit to be clear that you intend to spend out...

Boardroom battles: 5 ways to move beyond conflict

Posted by Kris Putnam-Walkerly on May 31, 2016

Most board members are rational, committed professionals. However, even among the most collegial boards there's always the possibility of conflict, and savvy foundation leaders I know have used the following approaches to diffuse disagreement smoothly and quickly.

How can we take effective family foundation board meeting minutes?

Posted by Karen Green and Andras Kosaras on April 1, 2016

Concise, complete, and accurate meeting minutes are vital to the health of a family foundation. These documents are the first thing IRS/state regulators request during an investigation and/or audit into a foundation.

10 mistakes new foundation boards make, and how to avoid them

Posted by Kris Putnam-Walkerly on March 24, 2016

While some new foundation boards may be made up of veteran philanthropists, it's a safe wager that many of those entrusted are taking on the job for the first time. It's a big responsibility, and many of the early choices made by a new board can determine whether the new foundation will move forward smoothly and effectively or become mired in a culture or in policies that stifle effectiveness.

Generations Together: Tools for teaching the next generation to give

Posted 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.

Good governance: How should family foundation boards spend their time?

Posted 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.

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