A Place at the Table: Non-Family Membership on the Family Foundation Board

Posted on March 17, 2012 by Dorna L. Allen, Joseph Foote

Family giving comes from a common cause, a shared vision, a particular need for giving back a portion of life’s gifts. Family members can focus on shared personal interests and can shape the architecture of their giving by expressing and validating shared family experience. Foundation board service can be the means by which family members find a new and worthwhile… Read More

Discretionary Grants: Engaging Family… or Pandora’s Box?

Posted on December 8, 2011 by Susan Crites Price

If you asked at a gathering of family foundation folks whether using discretionary grants is a good idea, you’d never reach consensus. Many family foundations don’t use them. Those that do have widely varied policies governing how much money is available, who is eligible to make the grants, and whether the grants must be within the foundation’s mission and guidelines… Read More
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Can Private Foundations Serve as Fiscal Sponsors?

Posted on October 15, 2011 by Andras Kosaras

By Andras Kosaras, Associate, Arnold and Porter LLP Private foundations frequently receive grant applications from groups that are under the fiscal sponsorship of a section 501(c)(3) public charity.  But sometimes the request is for the private foundation itself to serve as a group’s fiscal sponsor.  Is a private foundation legally permitted to serve as a fiscal sponsor?  Why would a… Read More

Philanthropy’s Role in Developing Responsible Adults

Posted on October 10, 2011 by Allison Sole, Sam Davis III

Families of wealth face unique challenges. In most cases, children cannot avoid being set apart because of the communities in which they live, the kinds of cars they drive, the vacations they take, and the affluent friends whose company they keep. They can afford to attend elite private schools and receive the support of coaches and tutors. The extent of… Read More

A Letter to Seniors (and will be seniors): Planning for Your Future in Philanthropy

Posted on September 13, 2011 by Alice Buhl

Their stories are fascinating reminders of the many philanthropic paths available, whatever your age. Their stories fall into four categories of approaches to how they planned their own as well as their family’s philanthropic futures: senior generation members who chose to stay actively involved in leading the family’s foundation. seniors who passed on leadership but stayed active in the foundation… Read More
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Keeping “Control”

Posted on May 15, 2011 by National Center for Family Philanthropy

Our foundation has begun discussions to add nonfamily trustees to enhance and complement the skills and perspectives currently on our all-family board. How do we ensure that the family will not lose “control” of the foundation over time? There are a variety of strategies that family foundations around the country have used to retain control while engaging non-family board members… Read More

Measuring What Counts: Meaningful Evaluation for Family Foundations

Posted on April 4, 2011 by Anne Mackinnon

Family foundations are in business to make a difference. As one family foundation leader put it, creating a family foundation is a “powerful statement about wanting to achieve impact.” Yet family foundations often get painted unfairly as not having impact, perhaps because they aren’t always very good at understanding or describing the impact they have, even to themselves… Read More
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Donor Legacy Statements, Values Statements, and Ethical Wills

Posted on March 15, 2011 by National Center for Family Philanthropy

I work for a small family foundation as their non-family executive director. The foundation has been in existence for 25 years. In the near term, I will be sitting down with the founder, who is preparing to write his legacy. I am wondering if you’re familiar with other founders who have shared excerpts concerning their vision for philanthropy that you thought to be… Read More
Featured Article

CEO Transitions in Family Foundations

Posted on December 15, 2010 by Alice Buhl

Among the most important tasks that any board confronts is the choice of head staff person. If anything, this decision has even greater significance in family foundations. Whether the position is vacant because of the retirement of a beloved CEO or the departure of a problematic one, CEO transitions in family foundations typically have three major stages: clarifying the foundation… Read More