Anonymous

The author of this resource is unknown or has asked that they not be identified.

Contributions

Community Foundation Spending Policy Example

Posted on October 7, 2016 by Anonymous

We adopt an annual spending policy to preserve and build the permanent funds entrusted to us, and to maintain grant levels during periods of down markets. Endowment studies by the Council on Foundations and the Commonfund Institute demonstrate that prudent spending levels allow a fund to grow, while spending more than net returns after inflation reduces the fund’s purchasing power… Read More

Program Grants and Committees policies and procedures

Posted on August 20, 2015 by Anonymous

__________ Foundation Policies and ProceduresProgram Grants and Committees BackgroundThe original policies and procedures (articles 1 – 18) for program grants and committees were approved individually by each program committee (i.e., the Community Development, Environment, and Youth Violence Prevention program committees) prior to their presentation to Trustees at the November 2000 meeting. It was noted at that meeting that each committee… Read More

Conflict of Interest and Self-Dealing Policy

Posted on August 20, 2015 by Anonymous

_________ Foundation Policies and Procedures Conflict of Interest and Self-Dealing Purpose This policy provides guidance on dealing with two common issues faced by the Foundation’s Trustees and staff: self-dealing (issues involving financial gains) and conflicts of interest (issues involving personal motivations and loyalties). It protects the Foundation’s tax-exempt status and reputation and protects the Trustees and staff from IRS penalties… Read More

Trustee Position Description sample

Posted on August 20, 2015 by Anonymous

_______ FoundationPosition Description Position Title: TRUSTEE Reports to: Fellow Trustees Date: June 2008 Function:The mission of the _____ Foundation, a family foundation, is to improve the quality of life through grants to charitable organizations. Trustees are responsible for the governance of the Foundation and report to the Directors. Trustees are organized into grant groups and committees.  Responsibilities:1. Defining and overseeing… Read More

General Policy on Self-Dealing (Anonymous Family Foundation)

Posted on August 10, 2015 by Anonymous

The Foundation will not knowingly engage in any “self dealing” activity. Self-dealing is any “prohibited financial transaction” between The Foundation and a “disqualified person.” 1. Prohibited Financial Transactions a. The sale, exchange or leasing or property (such as purchasing stationery, supplies, printing, graphic design or insurance from a disqualified person). b. The lending of money or the extension of credit… 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

Board officer roles and responsibilities

Posted on December 8, 2014 by Anonymous

Officers shall be elected or appointed annually by the Trustees; and each officer shall hold office for a term of one year or until a successor is elected and qualifies. There shall be no limit on the number of successive terms of office for which an officer may serve. Chair The Chair and Vice-Chair offices shall each be held by… Read More

No Cost Extension Policy

Posted on May 7, 2013 by Anonymous

Sample language for extending the time required to complete goals of a grant: A no cost extension formally authorizes you to take more time to complete the original purposes of your grant. Please contact your grant team if you would like to request a no cost extension. … Read More

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