For family foundations of any shape or size, the chair position can be one of great possibility, joy, and sometimes consternation! Come together for community, learning, and to share challenges and inspiration. In the inaugural meeting of this Peer Network, we will spend time connecting with peers in small breakouts, discussing joys, solutions, and challenges in large group discussion, and… Read More
Note: This article was written and released in 2001 as part of NCFP’s Living the Legacy guide. A Rich Tradition of Service: Volunteer Leadership for The Public Good Americans have established a deep, rich tradition of volunteerism. From the Pilgrim’s Social Compact of 1620, which emphasized government based upon consent and “care for each other’s good,” to the present day… Read More
This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including board activity, foundations as learning institutions, development of new ideas, and much more. Family foundation board members must allocate time and identify ways to track and acquire the information they need to serve as effective fiduciaries for the organization. This section explores the… Read More
This excerpt from NCFP’s Trends 2020 study shares data and analysis regarding various US family foundation giving trends, including external communications, communications tools, outside perspectives, and much more. Increasingly, family foundations are finding new ways to communicate and engage with the communities they support. Many families are also considering the benefits of being more transparent with their philanthropy, but others feel that… Read More
Once the donor has determined the most appropriate giving mechanism, such as a private foundation, the board of trustees begins to play a role in governance. Usually with the guidance of the donor, the board sets policy for managing foundation affairs, investing the endowment's portfolio, and making grants… Read More
As a family funder, how can you acknowledge and responsibly navigate the power of your position? How does the power and privilege you hold affect those you interact with and support? How can you use your power for good—to make lasting impact? … Read More
Effective intra-board and board-staff relationships require shared decision-making that can run counter to a family’s established authority structure. Separating the workings of the foundation from the family relationships is often difficult, but possible… Read More
While they may be cut from the same genetic cloth, family members frequently have different political viewpoints, lifestyles, and priorities. The changing nature of your family may be creating challenges to harmonious and effective governance… Read More
A board chair is perhaps the most important and meaningful job in any family foundation. If you are currently chair—or anticipate that you will be someday—you may find it’s one of the most rewarding roles you will ever have. It’s also a role of great nuance, calling for keen facilitation, leadership, and a healthy dose of self-awareness—a combination that’s not always easy to find… Read More
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