What are the signs that your foundation’s board might benefit from adding a community leader to bring new energy and a fresh voice to board deliberations and decisions? Some family foundations have never had an outside trustee on the board and don’t want one. Others have had non-family trustees since their inception—either a friend or business associate of the founder, a trusted lawyer or accountant, or a program expert or local community leader respected by the family. Join this webinar featuring representatives of family foundations that have made the choice to engage non-family trustees – hear more about why they made this decision, what questions and challenges they addressed in the process of adding non-family trustees, and what has – and has not – worked. Also: What are the reasons your board may wish to add non-family trustees? What process can your board use to decide how many non-family trustees to invite, and what qualifications and characteristics to look for? How should we go about the search and invitation process for non-family trustees? What are the biggest advantages to having new voices at the table? Are there any disadvantages or challenges?
Richard “Skip” Moore is the past president of the Weaver Foundation, a family foundation serving Greensboro,…View Profile
Katherine Weaver is Chair of the Weaver Foundation, which was founded by her husband Mike and…View Profile
Diane Kaplan was named president of the Anchorage-based Rasmuson Foundation, one of the largest private foundations…View Profile
Alan C. Fox is the founder and chairman of the board of the Frieda C. Fox…View Profile