From tracking budgets and expenses, hiring and exploring investment opportunities to bookkeeping and working with advisors, philanthropy requires varying levels of administration.
Family foundations are in business to make a difference. This NCFP Content Collection focuses on techniques available for assessing and evaluating the results of your giving, as well as tips, strategies, and sample policies regarding grant evaluation and site visits.
This Content Collection shares perspectives from nonprofit leaders and foundation colleagues on the challenges of power dynamics in family philanthropy, and possible solutions for how to address these issues.
Guidance on the legal regulations regarding compensation, suggestions for how to initiate a conversation among your board members about whether or not compensation is appropriate, and suggestions for how to develop a written policy based on this conversation.
Modesty may make some families reticent, but others point to the potential for good in the family name and reputation. Many families have learned to take explicit advantage of what can be a useful grantmaking tool. The family name can garner respect, or at least attention. It can act as an imprimatur of sorts, particularly when the family encourages grantees
