Blog | Featured Article

Telling Your Family’s Story

September 15, 2007 | Kevin Laskowski
Family philanthropies are intimately connected with the past that shapes them. As stewards of both a public trust and a family legacy, philanthropic families are constantly drawing on their history for wisdom, energy, and focus. That’s why growing numbers of families are recording their stories to share with future generations. The sharing can be as simple as storytelling at a Read More
Knowledge Center | Article

Motivations for Board Service

May 13, 2007 | Virginia M. Esposito
Why many family members want in and some don’t want to leave Of all the governance questions I get and stories I hear, none come more frequently and with more urgency than those related to preparing the next generation of trustee leaders. Now those of you who have read these columns or heard me speak know that my concern in Read More
Blog | Featured Article

Program and General Support: Choices for Giving Families

April 15, 2007 | Kevin Laskowski
In an ongoing salvo in the decades-long debate surrounding program and general operating support, a 2007 report from the National Committee for Responsive Philanthropy charges: The grantmaking practices of a significant part of the foundation sector may be crippling small community-based and other nonprofit organizations because of one significant factor—the unwillingness of most foundations to provide general operating support to Read More
Blog | Featured Article

Geographic Dispersion: Opportunities for Far-flung Families

September 15, 2006 | Kevin Laskowski
Among all the challenges that family philanthropies of all types face, giving families increasingly find themselves struggling with geography. In 2000, the National Center for Family Philanthropy and the Foundation Center found that the grants of a vast majority of family foundations were committed to a city, state, or region; only 7.8% of family foundations were classified as national or Read More
Blog | Featured Article

Six Simple Steps to a Successful, Stress-Free Family Meeting

May 15, 2006 | Sarah Trzepacz
Like so many other things preparation for a family meeting is vital to its success. With a little planning you can orchestrate and carry off a family meeting that accomplishes your philanthropic goals, strengthens your family’s commitment to effective governance of your giving vehicle, and is more enjoyable than you thought possible. By taking time to think through why, when, Read More
Knowledge Center | Article

The 990-PF in a Nutshell: What You Need to Know

August 15, 2004
What is the 990-PF and who needs to fill one out? The 990-PF is the tax return used for all private foundations filing under tax-exempt status, which inventories all of a foundation’s assets, investments, revenue, expenses, and charitable disbursements throughout the fiscal year. It also lists foundation officers, trustees, and the number of staff, itemizes its grants, and gives information Read More
Knowledge Center | Sample

Investment policy statement with focus on socially responsible investing (Needmor Fund)

April 15, 2004 | Needmor Fund
An investment policy with a special focus on socially responsible investing. From the policy’s introduction: We believe that a foundation lives out its mission and values not only through the organizations it supports, but also by how it uses its assets. Mission related investing is an investment process that considers the social and environmental consequences of investments in addition to Read More