National Center for Family Philanthropy

Contributions

Questions from NCFP Members on Board Compensation

Posted on March 15, 2008 by National Center for Family Philanthropy, Andrew Schulz

Q: Our foundation’s third generation is coming on the board and some have young children. Some family members say the lack of child care during board meetings hinders participation. Can the foundation pay for child care so that parents can attend board meetings?… Read More

Ask NCFP

Geographic Dispersion

Posted on December 15, 2007 by National Center for Family Philanthropy

Q: My family’s foundation has traditionally given in New England and continues to support nonprofits there, but family members live all around the country. How do we keep people engaged? A: As today’s families are more mobile than ever, geographic dispersion has become a crucial issue for family philanthropists as they try to keep distant family members involved. Consider the… Read More

The 990-PF in a Nutshell: What You Need to Know

Posted on August 15, 2004

What is the 990-PF and who needs to fill one out? The 990-PF is the tax return used for all private foundations filing under tax-exempt status, which inventories all of a foundation’s assets, investments, revenue, expenses, and charitable disbursements throughout the fiscal year. It also lists foundation officers, trustees, and the number of staff, itemizes its grants, and gives information… Read More

Forming An Adjunct Or Associates Board: Questions To Consider

Posted on October 29, 2003 by National Center for Family Philanthropy

This list of questions is designed to help decide whether or not to form an associate, adjunct, or next generation board… Read More

Obtaining directors and officers liability insurance

Posted on October 31, 2002 by National Center for Family Philanthropy

Every foundation should consider obtaining insurance coverage for its trustees and officers. This insurance – commonly known as directors and officers or D&O insurance – should cover defense costs as well as any damages, taxes, or fines that must be paid… Read More

Making your form 990-PF public and available

Posted on October 30, 2002 by National Center for Family Philanthropy

Rules governing the requirements of a private foundation to make it’s form 990-PF available to the public… Read More

Example of a family foundation spending policy

Posted on October 28, 2002 by National Center for Family Philanthropy

Sample policy describing the goals of one foundation’s annual spending policy, and the methods it will use to achieve those goals… Read More

Alan B. Slifka: One man’s faith based mission

Posted on October 21, 2002 by National Center for Family Philanthropy

This profile from NCFP's 'Faith and Family Philanthropy' journal describes that late philanthropist Alan B. Slifka's faith-based mission and efforts to teach and support Israeli Arabs and Jews to be respectful neighbors… Read More

Checklist of Fiduciary Responsibilities

Posted on June 13, 1999 by National Center for Family Philanthropy

This checklist of board fiduciary responsibilities from 'Investment Issues for Family Funds' includes questions on the areas of investment knowledge and oversight; reporting requirements; and planning for the future… Read More