Qualities of the Good Trustee

Posted on November 4, 2002 by John Nason

In ‘Foundation Trusteeship: Service in the Public Interest,’ John Nason revisited his exploration of the role of philanthropic governance that he began in his 1977 landmark book, ‘Trustees and the Future of Foundations.’ In his second volume, Nason offered a list of the ten qualities of a good trustee, provided here… Read More

Model for foundations with many eligible trustee candidates

Posted on October 30, 2002 by Elaine Perachio

The Harris and Eliza Kempner Fund focuses its grant-making efforts on the greater Galveston, Texas, area. Board and family members reside in locations throughout the country. The Fund has developed an effective model for involving current and future generations of family members in the work of the foundation. … Read More

Foundation investing: Roadblocks and bumps in the road

Posted on October 29, 2002 by Jason Born

Family foundation boards may experience challenging situations while overseeing the investments of the foundation. This sidebar describes several of these circumstances, including family members as paid investment managers; over-management of the endowment; time lags between meetings; and disparity of interests and abilities among family members… Read More

The Schustermans: A Jewish Family’s Expressions of Faith and Philanthropy

Posted on October 21, 2002 by Lynn Schusterman

This personal account from ‘Faith and Family Philanthropy’ describes the fascinating journey that the author and her husband took in discovering their own faith while rediscovering their family roots and Hebric religious traditions. ‘Jewish law dictates that if there is a choice between assisting members of your family and helping citizens of your town, your family takes precedence. The priority… Read More