All Peer Network: What’s the New Normal on Building a Budget?

Posted on August 14, 2020 by Michelle Knapik

calculator on budget paper
Whether you are in endowment protection mode or distribution stretch mode, constructing a 2021 foundation budget presents challenges and critical choice points. NCFP is hosting an informal peer conversation so CEOs, CFOs, accounting managers and related staff can share how they are thinking about balancing the dollars, values, social optics, and more. From practical matters such as approaches to 2021… Read More

Nonprofit Executive Compensation

Posted on January 6, 2015

This report outlines what the IRS permits in setting nonprofit executive compensation, the consequences of failing to comply with the regulations, how nonprofit board members can protect themselves and the organizations they serve, the kind of data compensation decisions should be based on, and the importance of reporting compensation accurately in annual IRS filings… Read More

Executive director position description

Posted on December 8, 2014 by Anonymous

Description The Executive Director is responsible for establishing an efficient and effective infrastructure that enables seamless execution of grantmaking functions and heightens professionalism of the foundation’s operations. Working with the trustees, the Executive Director helps develop imaginative and effective grantmaking strategies and evaluates how to make the most positive impact on the communities served. Core Responsibilities Strategic Leadership of the… Read More

Executive director’s annual performance review

Posted on December 8, 2014

Planning & Organizing: Demonstrates an understanding of the Foundation’s mission and priorities; establishes effective courses of action to implement the goals and objectives set forth in the strategic plan. Judgement & Decisiveness: Makes well-timed and sound decisions; meets deadlines; solves problems promptly; sets appropriate priorities for tasks. Initiative: Sets high goals/standards of performance for self and others; originates action rather… Read More

Sample CEO Performance Reviews

Posted on October 8, 2014 by National Center for Family Philanthropy

A collection of sample CEO performance reviews collected in the NCFP Guide, Performance Review: The Complete Guide to Evaluating the Family Foundation CEO. CEO reviews are provided from the following family foundations: The Clowes Fund Max M. & Margorie S. Fisher Foundation Knott Foundation Jessie Smith Noyes Foundation Roy A. Hunt Foundation  … Read More

Governance and compensation committee charter (The Wallace Foundation)

Posted on June 18, 2014 by The Wallace Foundation

The Governance and Compensation Committee of the Foundation’s Board of Directors (the Committee) assists the Board in fulfilling its responsibilities in governance and the oversight of total compensation practices. The Committee’s purpose is to oversee the governance processes of the Board of Directors; identify and recommend candidates for election to the Board of Directors and to serve as its officers;… Read More

Personnel Policies (The Wallace Foundation)

Posted on June 18, 2014 by The Wallace Foundation

From the introduction: We… recognize that as staff of a philanthropy we hold a ‘public trust.’ We must demonstrate in our grantmaking and every aspect of our business that we hold ourselves to the highest stand- ard of ethical behavior. We act with integrity, strive for transparency, and avoid any action that could be perceived as or create a conflict… Read More