From NCFP

Family Giving and Fairness: 8 Lessons Learned

Posted on June 15, 2011 by Virginia M. Esposito

Many of the philanthropic families who call on me for help in doing their best possible work in the best possible way invariably reach a point where they say they want a system that is fair to the family. Most start by wanting family fairness as a means to doing good grantmaking. However, over time, the goal of family fairness… Read More
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What Makes a Family Foundation CEO an Effective Leader: Insights from William M. Dietel

Posted on June 15, 2011 by National Center for Family Philanthropy

Editor’s Note: This is the second in a series of reports on NCFP’s Leadership Symposium for Family Foundation CEOs held March 23-24 in Washington, DC. The unique role of the family foundation chief executive often involves a very complex relationship in which the CEO serves the public good and the foundation’s mission, and at the same time, helps a private… Read More
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Keeping “Control”

Posted on May 15, 2011 by National Center for Family Philanthropy

Our foundation has begun discussions to add nonfamily trustees to enhance and complement the skills and perspectives currently on our all-family board. How do we ensure that the family will not lose “control” of the foundation over time? There are a variety of strategies that family foundations around the country have used to retain control while engaging non-family board members… Read More
From NCFP

Renewing Your Commitment

Posted on May 15, 2011 by Virginia M. Esposito

The process of emerging from a long, gray winter is a cause for celebration. Extra sunlight and the reintroduction of the stunning colors of nature are also extraordinarily energizing. I suppose that is why some take to spring cleaning. Since I am rarely inspired to clean, I personally prefer to take the energy and the inspiration to renew the vibrancy… Read More
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Donor Legacy Statements, Values Statements, and Ethical Wills

Posted on March 15, 2011 by National Center for Family Philanthropy

I work for a small family foundation as their non-family executive director. The foundation has been in existence for 25 years. In the near term, I will be sitting down with the founder, who is preparing to write his legacy. I am wondering if you’re familiar with other founders who have shared excerpts concerning their vision for philanthropy that you thought to be… Read More
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CEO Transitions in Family Foundations

Posted on December 15, 2010 by Alice Buhl

Among the most important tasks that any board confronts is the choice of head staff person. If anything, this decision has even greater significance in family foundations. Whether the position is vacant because of the retirement of a beloved CEO or the departure of a problematic one, CEO transitions in family foundations typically have three major stages: clarifying the foundation… Read More
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Tips and tools for effective family board meetings

Posted on October 15, 2010 by National Center for Family Philanthropy

This month’s Ask the Center features tips and tools for effective family board meetings from Marla Bobowick, former Vice President at BoardSource and founder of Bobowick Consulting, and Karie Brown, principal of KB Consulting and Board member of the Hidden Leaf Foundation. Marla and Karie were the featured speakers on the August 2010 Family Philanthropy Teleconference, Creative Agendas for More… Read More
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The Value of Family Philanthropy in a Democracy

Posted on September 15, 2010 by National Center for Family Philanthropy

The passionate generosity of countless American families has inspired – and continues to inspire – extraordinary gifts. Indeed, we may know many of these families more by their philanthropy than by the business successes that made their largesse possible. What is most remarkable is the very phenomenon of American family philanthropy itself. An astonishing number of families make record-setting, private contributions… Read More
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How to Manage Relationships with your legal, financial, and investment advisors

Posted on September 15, 2010 by National Center for Family Philanthropy

How can we get an honest picture from our advisors about whether the strategies they are pursuing are the right ones? How do we know our advisors are telling us everything we need to know? Consider having general investment, legal and other training sessions for your foundation board that are conducted by someone other than the advisors who you’re working… Read More
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Conflicts of Interest: Steering Clear of Potholes and Other Bumps in the Road

Posted on June 15, 2010 by Anne Etheridge

Most family foundations prefer to focus on the business of giving, without having to worry about tripping over the sometimes obscure rules and regulations that govern this work. But the fact is that family foundation boards need to be aware of potential potholes on the road named philanthropy. Driving blind down this road can get you into trouble. One potential… Read More