5174 Results for “”

Blog | Ask NCFP

Training Opportunities for Younger Family Members and New Trustees
January 15, 2012 | National Center for Family Philanthropy
Our family foundation board is committed to adding several new next generation family members (i.e., in their 20s and 30s) to the board in the next 2-3 years. We also need to become more proactive in inviting younger family members (i.e., those in the 10-20 range) to participate in the family’s philanthropy. Do you have suggestions for opportunities for our Read More
Knowledge Center | Sample

Spending Policy (The Wallace Foundation, 2012)
January 13, 2012 | The Wallace Foundation
The Foundation’s policy is to target spending on grants and qualifying distributions at an average 5.0% of assets over long periods of time. The Foundation’s Board may elect to exceed that spending rate for a limited period of time if: There is a compelling opportunity in a programmatic area that cannot be met by reallocating funds from other areas without Read More
Blog | Featured Article

Discretionary Grants: Engaging Family… Or Pandora’s Box?
December 15, 2011 | Susan Crites Price
Editor’s note: This month’s feature story is an excerpt from the new edition of our Passages issue brief series: Discretionary Grants: Engaging Family… Or Pandora’s Box? If you asked at a gathering of family foundation folks whether using discretionary grants is a good idea, you’d never reach consensus. Many family foundations don’t use them. Those that do have widely varied Read More
Knowledge Center | Passages Issue Briefs

Discretionary Grants: Engaging Family… or Pandora’s Box?
December 8, 2011 | Susan Crites Price
If you asked at a gathering of family foundation folks whether using discretionary grants is a good idea, you’d never reach consensus. Many family foundations don’t use them. Those that do have widely varied policies governing how much money is available, who is eligible to make the grants, and whether the grants must be within the foundation’s mission and guidelines. Read More
Blog | Ask NCFP

Family Foundation Board Job Descriptions
November 15, 2011 | National Center for Family Philanthropy
Our family foundation is preparing to bring on the third generation of family board members. As we prepare for this important transition we hope to better document the specific roles, responsibilities and attributes of our board members. Do you have suggestions for what to include in a family foundation board job description? NCFP receives this question frequently. Fortunately, a growing Read More
Events & Webinars | Webinars

Ethics in family philanthropy: Right vs. right decision-making
November 10, 2011 | Rushworth Kidder
Ethical issues affect every facet of a family’s philanthropy from its structure and mission to its investment, grantmaking strategies, and perhaps most importantly, governance structure. The role of ethics and values is so integral to how families define and carryout their missions, and the expectations for ethical behavior among philanthropists so high that it’s easy to become overwhelmed or stymied. Read More

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