National Center for Family Philanthropy

In Times of Growth: Planning for an Influx of Assets

Posted on October 9, 2015 by Elaine Gast Fawcett

An influx of assets is a powerful transition point in your philanthropy. With rising resources comes the budding potential to do more of what you’re already doing—or, perhaps, try something new. This Passages Issue Brief will help you plan now for growth tomorrow, and manage change if you’re in the midst of it today… Read More

Can We Make Grants to a Non- 501(C)(3) Organization?

Posted on September 9, 2015 by Andrew Schulz

The short answer is, absolutely. Foundations are allowed to make grants to non-charities. They have to follow special procedures under Section 4945 that are called expenditure responsibility. The basic rule is that the fund have to be used for charitable purposes, not something else, but you can grant to 501(c)(4)s, 501(c)(6)s, and even for-profits, as long as you follow the… Read More

Conflict of Interest and Self-Dealing Policy

Posted on August 20, 2015 by Anonymous

_________ Foundation Policies and Procedures Conflict of Interest and Self-Dealing Purpose This policy provides guidance on dealing with two common issues faced by the Foundation’s Trustees and staff: self-dealing (issues involving financial gains) and conflicts of interest (issues involving personal motivations and loyalties). It protects the Foundation’s tax-exempt status and reputation and protects the Trustees and staff from IRS penalties… Read More
Voices from the Field

Family-ness: A clunky word that says it all

Posted on March 25, 2015 by Phillip Henderson

At our most recent board meeting, we continued our examination of potential changes to the way we invest our endowment, we discussed some important modifications to the role of the board in our grantmaking process, and we breathed new life into a conversation between Surdna and the Andrus Family Fund, a grantmaking fund we created just over 15 years ago. … Read More

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