National Center for Family Philanthropy

Naming Recognition: Is it ok to name a building after donors rather than the foundation?

Posted on February 18, 2016 by Andras Kosaras

Our foundation, the Hearts and Hopes Foundation, provided a grant to a new research facility at a local university. The university has suggested naming the facility after our donors: i.e., the “John and Mary Smith Research Center.” Is this okay or do we have to name it the “Hearts and Hopes Foundation Research Center?” We want to ensure we are… Read More

Recusals: When Should Board Members Excuse Themselves?

Posted on February 18, 2016 by Andras Kosaras, James P. Joseph

If five out of our six board members are on another board of a non-profit, how do we make grants to that non-profit without a majority vote? What are the rules on recusals? This is a little tricky but the members are not required to recuse themselves as long as everyone discloses their relationship with the non-profit. However, if five… Read More

How should a foundation deal with a obvious self-dealing situation if it was set up by our legal counsel?

Posted on February 16, 2016 by Andras Kosaras, James P. Joseph

If a family foundation’s attorney designs an obviously self-dealing relationship on behalf of one of the foundation’s trustees, and with the awareness and participation of all of the other foundation trustees, does the foundation remain free of liability for taxation or penalty, simply because legal counsel designed and approved the relationship? Is there any legal accountability on the part of… Read More

Is it self-dealing to attend a gala representing our foundation?

Posted on February 15, 2016 by Andras Kosaras, James P. Joseph

I have a self- dealing question. Our family foundation is being honored by one of our grantees at their upcoming gala. I have read that attending the gala under such circumstances is considered official foundation business. However, if the foundation purchases tickets for staff and board members to attend the gala, or sponsors a table, does the foundation need to… Read More

Igniting the Spark: YOUTHadelphia, A program of The Philadelphia Foundation

Posted on February 11, 2016 by Youth Philanthropy Connect

In 2006, The Philadelphia Foundation established YOUTHadelphia to build youth leadership skills by empowering teens to give back to their community. YOUTHadelphia is a unique youth philanthropy model, with a defined focus on mentoring among the cohort of youth, centered around the fact that newer youth are mentored by returning youth committee members… 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
Voices from the Field

Can General Operating Support Become the New Normal?

Posted on January 26, 2016 by Jen Teunon

If every funder only pays for a specific program or a specific line item, an organization becomes fragmented and unstable. Without general operating support, an organization doesn’t have the money for staffing, rent, technology, training, or even the phone bill. And, without a strong infrastructure, programs that improve our communities can’t happen. … Read More

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