National Center for Family Philanthropy

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Emeritus board members: Curse or blessing?

Posted on August 15, 2010 by Alice Buhl

Mom and Dad are aging but we want to keep them involved. Aunt Sally has been running the foundation forever but the other board members feel it is time for someone else to take over. Uncle John is beginning to get confused. The three sisters in the second generation have been controlling things for years but the next generation wants… Read More

Managing Risk: Board Oversight of Foundation Investments

Posted on August 4, 2010 by Karen Green, Andras Kosaras

In the post-Madoff era, the foundation and nonprofit sector continues to struggle with how to invest philanthropic assets most appropriately, and how to ensure that boards and staff are managing investments prudently. This new edition of Passages, authored by two leading experts on the roles and responsibilities of foundation boards, examines the critical role of governance and how to develop… Read More
Uncategorized, Case Studies

The Ansara Family Fund: Partnering Beyond Borders for Long-term Impact

Posted on April 15, 2010 by Jason Born

When Karen and Jim Ansara contacted the Boston Foundation on January 14, 2010 to talk about how their family’s donor advised fund could best respond to the earthquakes in Haiti – which had happened less than 48 hours before – they were continuing both a longstanding commitment to international philanthropy, as well as a more recent commitment to Haiti in… Read More

Choosing and Preparing Your Grantmaking Successors

Posted on March 4, 2010 by Mary Phillips

Family foundation donors and first generation boards should begin the continuity and succession discussion early in the foundation’s lifetime if perpetuity is the objective. In a succession plan, one trustee usually succeeds another. However, before succession can take place there should be continuity of governance where members of more than one generation are working together as peers. This Passages profiles… Read More

Logic Models: Not Just for Big Foundations Anymore

Posted on January 4, 2010 by Erica V. Ekwurzel

Logic modeling is popular with large foundations, but has not been embraced by many of the smaller ones. One reason is that foundations with few or no staff fear that producing one is complicated and time consuming. It doesn’t have to be. And it can be a crucial tool for small asset foundations looking to make sustained impact, as explained… Read More

Family Foundations as Agents of Change

Posted on September 4, 2009 by Jeffrey M. Glebocki, Joann Ricci

We often hear media reports on the contributions and impact of super-sized grants and mega-foundations. But data and experience tells us it’s the presence and consistency of small- and medium-sized family foundations that provide much of the fuel for nonprofit organizations in our communities. Family foundations are uniquely positioned to serve as leaders in community problem-solving. Because their board members… Read More

Families Step Up to Meet Economic Crisis

Posted on September 4, 2009 by Joseph Foote

The recession that began in 2008 caused philanthropic assets for most families to decline sharply. Program plans for 2009 and 2010 were disrupted, forcing many philanthropic families to cancel new initiatives, respond to pleas from longstanding grantees about cash shortfalls, and swing rapidly toward support of basic human needs. Families who operate foundations, donor-advised funds, and other formal giving vehicles… Read More
Featured Article

Real estate: The grant that keeps on giving

Posted on April 15, 2009 by Elaine Gast Fawcett

“At a time like this, we need to stop investing in treasuries and bonds and start investing directly in our communities.” —Tom Parker, Hutton Foundation As a family fund these days, you might feel like crawling into a corner and licking your endowment losses. But look on the bright side. Trying times can inspire positive change—and a chance to get… Read More

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