Choosing and Preparing Your Grantmaking Successors

Family foundation donors and first generation boards should begin the continuity and succession discussion early in the foundation’s lifetime if perpetuity is the objective. In a succession plan, one trustee usually succeeds another. However, before succession can take place there should be continuity of governance where members of more than one generation are working together as peers. This Passages profiles the succession planning experience of the Howard and Geraldine Polinger Family Foundation and the challenges faced when the foundation sought to add third generation family members to its Board of Directors.

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Board Composition, Diversity, and Recruitment

This Content Collection provides resources, perspectives, and sample polices for families and boards thinking about board composition and recruitment, both within and outside the family. Included are resources on the advantages, challenges, questions, and opportunities of engaging non-family trustees on a family foundation board and of promoting diversity and inclusion in the field of family philanthropy at large.

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