Policy Central Disclaimer Statement

Posted on April 15, 2012 by National Center for Family Philanthropy

Please note that these samples have been provided for illustrative purposes only, and may not represent the latest versions of these documents at the organizations listed. The National Center for Family Philanthropy cannot be held liable for specific policies or practices that you adopt after reviewing the documents included here. We strongly encourage you to consult with a qualified legal… Read More

Spending Policy (The Wallace Foundation, 2012)

Posted on January 13, 2012 by The Wallace Foundation

The Foundation’s policy is to target spending on grants and qualifying distributions at an average 5.0% of assets over long periods of time. The Foundation’s Board may elect to exceed that spending rate for a limited period of time if: There is a compelling opportunity in a programmatic area that cannot be met by reallocating funds from other areas without… Read More