Who’s on the Board? – What Constitutes Board Eligibility Among Changing Definitions of “Family”

“Like it or not, there is no longer a common definition of “family” for foundations to follow. In many family foundations, the issue of spouses’ participation on the board never comes up. It is simply understood that anyone who marries into the family can be considered for board membership. But in other foundations, setting policy regarding spouses is a source of emotional turmoil that pits one family member against another.”
Explore the definition of “family” and examine board eligibility regarding spouses and live-in partners in this article.

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