Council on Foundations

The Council on Foundations exists to help philanthropy be a strong and trusted partner in advancing the common good. Building on our 70-year history, we are charting a course for the field where funders display high integrity, earn and maintain the public's trust and serve as excellent stewards of philanthropic resources. We imagine a world where givers of all kinds are sophisticated and vital players in creating more equitable communities and a better world.

Should we have non-family trustees?

Posted on December 11, 2013 by Michael Rion

There is no legal obligation to include non-family members as trustees. Experience in the field is widely varied. Many foundations include only family members who are blood relatives, and others include family members by marriage. Many others will have one “outside” trustee, typically an old family friend and/or someone with legal or accounting experience. Still others include as a matter… Read More

10 Things Every New Foundation Board Member Should Know

Posted on November 8, 2013 by Council on Foundations, BoardSource

This publication is designed as a basic guidebook for the new foundation board member, providing an introduction to tools and knowledge essential in the first years of service on the board. While it is not a substitute for legal, financial or other professional advice, it will help inform you about the responsibilities that accompany board service. This tool was developed… Read More

Activities To Involve Children In The Family Foundation

Posted on January 2, 2007 by Lauren Kotkin

Do you just want your children to understand what the foundation is and why the adults get together periodically? Are you considering giving them some grantmaking experience? Are you exploring the idea of creating a junior board? Regardless of where you are on the continuum, remember that once you’ve introduced your children to the foundation’s work, you need to be prepared to keep them involved in ways they choose… Read More

Principled Planning: A Guide for Family Foundation Retreats

Posted on November 5, 2006 by Elaine Gast Fawcett

In 2005, the Council on Foundations developed a set of Stewardship Principles  to help family foundation board members govern, manage and lead their family foundations. These principles were based on more than a year’s worth of work, with input from hundreds of family foundation executives and trustees as well as other experts including academics, attorneys, and even an ethicist. This… Read More

That’s the Ticket

Posted on May 17, 1998 by Jane Nober

Accepting and using tickets and other tangible benefits of more than minimal value raises questions for foundation managers. Here's what the general Tax Code rules say is acceptable… Read More

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