Contributions

2020 Trustee Education Institute

Posted on December 22, 2019 by Christopher Fletcher, Jennifer Davis, Robin Snidow, Laura Collins, Paul Liu, Greg Ratliff, Kathleen Simpson, Tamara Larsen, Dana Lanza, Shaady Salehi

past TEI attendees
Attendees, please visit the event website for the most up-to-date agenda and Zoom links. The website passcode was emailed to all registrants. NCFP’s Trustee Education Institute provides a comprehensive introduction to important legal, investment, ethical, grantmaking, and family dynamics issues facing family foundation board members. Featuring a faculty made up of donors, board members, and highly respected philanthropy experts, this… Read More

Toeing the Line: Legal Pitfalls in Family Foundation Governance

Posted on December 11, 2014 by Andrew Schulz

Should we accept those tickets to the opening of the new local theater that just arrived in the mail? Can our family office charge our foundation for rent? Is it o.k. for us to pay Uncle Bob to manage the foundation’s investment portfolio? Can we make a grant to our family's donor advised fund to help make year-end payout requirements? … Read More

FAQ: How to Apply for a Discretionary Grant

Posted on February 2, 2014 by Knott Foundation

This FAQ page describes The Knott Foundation’s guidelines around discretionary grantmaking, and provides a good example for other family foundations. The Knott Foundation provides a limited number of Discretionary Grants on a rolling basis throughout the year… Read More

Discretionary Grants: Engaging Family… or Pandora’s Box?

Posted on December 8, 2011 by Susan Crites Price

If you asked at a gathering of family foundation folks whether using discretionary grants is a good idea, you’d never reach consensus. Many family foundations don’t use them. Those that do have widely varied policies governing how much money is available, who is eligible to make the grants, and whether the grants must be within the foundation’s mission and guidelines… Read More

Board Compensation: Reasonable and Necessary?

Posted on May 25, 2005 by Alice Buhl

Deciding whether to compensate family foundation board members can be a difficult and complex decision. This presentation reviewed some of the arguments both for and against trustee compensation, provided suggestions for how to initiate a conversation among your board members about whether or not compensation is appropriate, and provided suggestions for how to develop a written policy based on this… Read More

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