Knowledge Center | Book Chapter

Family Foundations: High Risk, High Reward

July 29, 1999 | Paul Ylvisaker
Foundations are a remarkable human invention. They provide private persons a free-wheeling opportunity to be socially and publicly influential. Without having to meet the tests either of the market or the ballot box, private persons can independently determine what the needs of society are and how best to go about meeting them. Read More
Knowledge Center | Book Chapter

Paul Ylvisaker: Ethics and Philanthropy

July 26, 1999 | Paul Ylvisaker
This chapter is excerpted from “Philanthropy: The High Estate,” part IV of Conscience & Community: The Legacy of Paul Ylvisaker, which was edited by NCFP Founder and President Virginia Esposito and published by Peter Lang Publishing in 1999. Questions addressed in this chapter include: Is there an ethical requirement to give, and if so, how mucb, and in what form? Read More
Knowledge Center | Report

What Ought To Be In An Organization’s Bylaws

April 4, 1999 | Betsy Buchalter Adler
Bylaws are the internal governance rules of a group of people who have organized for a common goal. Bylaws are a necessity for a nonprofit corporation because the IRS requires a charity to submit its internal governance documents as part of the tax exemption application. Read More
Knowledge Center | Article

That’s the Ticket

May 17, 1998 | 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
Knowledge Center | Article

Trustees by Margaret Mahoney

December 22, 1996 | Margaret E. Mahoney
This seminal essay from the long-time president of the Commonwealth Fund explores the critical roles and responsibilities of foundation trustees, and the duties of responsible boards of directors. Selected excerpts include: “To fulfill a trust, the trustee must act for the benefit of another, not for personal gain. Trustees are in effect moral decision makers.” “Responsible boards are not born. Read More
Knowledge Center | Article

Giving Well: A Speech From Alan Alda

October 29, 1995 | Alan Alda
Once you start giving, I think it's not long before you get the feeling that no matter how good you get at it, you'll never be good enough. Sometimes philanthropy seems like a little boat floating precariously on a vast and angry ocean." Read More