Contributions

What are common mistakes family foundations make when trying to engage next gen?

Posted on June 8, 2016 by National Center for Family Philanthropy

If you’re reading this, chances are you’re already avoiding Mistake #1: thinking that you’ve got nothing left to learn about next gen engagement. The truth is, getting and keeping people engaged in your foundation’s work can be difficult, regardless of age. But, Biz Ghormley of Emerging Practitioners in Philanthropy, Iris Brilliant of Resource Generation, and Mary Galeti of Nexus, sat… Read More

How do we ensure that the family will not lose “control” of the foundation over time?

Posted on May 3, 2016 by National Center for Family Philanthropy

There are a variety of strategies that family foundations around the country have used to retain control while engaging non-family board members in their work. These strategies may be used alone or in combination, and may include the following: Strategy 1: Create term limits for current board members. A technique used by many family foundations, term limits can be a… Read More
Voices from the Field

I Am Family Philanthropy: Katherine Lorenz

Posted on February 2, 2016 by National Center for Family Philanthropy

Katherine Lorenz, President of the The Cynthia & George Mitchell Family Foundation and NCFP Fellow and board member, reflects on how philanthropy has brought together multiple generations of her family. Katherine shares how the Cook's Branch Conservancy in Piney Woods, TX promotes local and regional conservation ethics and demonstrates the resilience of nature in perpetuity… Read More

Code of Conduct policy sample

Posted on August 7, 2015 by National Center for Family Philanthropy

____________ Foundation Code of Conduct   1. Preamble To ensure that The _______ Foundation fulfills its mission and pursues its vision in an exemplary manner and in accordance with its beliefs and the highest standards of ethical conduct, the Board of Directors has adopted this Code of Conduct. This Code should be read with the Foundation’s mission, vision and beliefs… Read More

Conflict of Interest Policy Template

Posted on August 7, 2015 by National Center for Family Philanthropy

This Policy is to protect the interests of The ______ Foundation by: (i) preventing the personal interest of Members, Directors, Officers, Employees or Independent Contractors from interfering with the performance of their duties to the Foundation and (ii) avoiding any inappropriate personal financial, professional or political gain on the part of such persons at the expense of the Foundation. … Read More

Understanding Risk Tolerance in Grantmaking

Posted on July 22, 2015 by National Center for Family Philanthropy

Understanding decision-making patterns is the first step toward improving them. We know that despite best efforts to act rationally, human tendencies to avoid risk and loss while seeking certainty and gain can impact sensible decision-making. Research has demonstrated this phenomenon across many facets of our society—including finance, consumer products, and even golf. Given our professional and personal interest in the… Read More