Deanne Stone previously served as associate of Lansberg Gersick in New Haven, Connecticut, and as a Contributing Editor of the National Center for Family Philanthropy. Stone was a co-author of NCFP’s seminal study, Generations of Giving: Leadership and Continuity in Family Foundations. Since 1988, she has specialized in writing about family foundations and family businesses. Ms. Stone holds a B.A. in Sociology and Psychology from Northwestern University, and an M.A. in Education from the University of Chicago.

Contributions

Formulas for Dividing Grant Allocations

Posted on October 29, 1999 by Deanne Stone

The geographically dispersed foundations in this monograph varied widely in their approaches to dividing grant allocations. In an effort to be scrupulously fair-or in some cases to avoid family squabbles-some foundations devised precise mathematical formulas for dividing funds among geographic and program areas. Others took the opposite approach; they operated without any rules or policies. Somehow, discussions about formulas never came up in those families, and the grants the boards allocated were accepted without opposition… Read More

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

Posted on August 4, 1993 by Deanne Stone

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. … Read More