Ask NCFP

Tips and tools for effective family board meetings

Posted on October 15, 2010 by National Center for Family Philanthropy

This month’s Ask the Center features tips and tools for effective family board meetings from Marla Bobowick, former Vice President at BoardSource and founder of Bobowick Consulting, and Karie Brown, principal of KB Consulting and Board member of the Hidden Leaf Foundation. Marla and Karie were the featured speakers on the August 2010 Family Philanthropy Teleconference, Creative Agendas for More… Read More
Featured Article

The Value of Family Philanthropy in a Democracy

Posted on September 15, 2010 by National Center for Family Philanthropy

The passionate generosity of countless American families has inspired – and continues to inspire – extraordinary gifts. Indeed, we may know many of these families more by their philanthropy than by the business successes that made their largesse possible. What is most remarkable is the very phenomenon of American family philanthropy itself. An astonishing number of families make record-setting, private contributions… Read More
Ask NCFP

How to Manage Relationships with your legal, financial, and investment advisors

Posted on September 15, 2010 by National Center for Family Philanthropy

How can we get an honest picture from our advisors about whether the strategies they are pursuing are the right ones? How do we know our advisors are telling us everything we need to know? Consider having general investment, legal and other training sessions for your foundation board that are conducted by someone other than the advisors who you’re working… Read More

Emeritus Board Members: Curse or Blessing?

Posted on August 24, 2010 by Alice Buhl

Mom and Dad are aging but we want to keep them involved.  Aunt Sally has been running the foundation forever but the other board members feel it is time for someone else to take over.  Uncle John is beginning to get confused.  The three sisters in the second generation have been controlling things for years but the next generation wants… Read More

Managing Risk: Board Oversight of Foundation Investments

Posted on August 4, 2010 by Karen Green, Andras Kosaras

In the post-Madoff era, the foundation and nonprofit sector continues to struggle with how to invest philanthropic assets most appropriately, and how to ensure that boards and staff are managing investments prudently. This new edition of Passages, authored by two leading experts on the roles and responsibilities of foundation boards, examines the critical role of governance and how to develop… Read More
Featured Article

Conflicts of Interest: Steering Clear of Potholes and Other Bumps in the Road

Posted on June 15, 2010 by Anne Etheridge

Most family foundations prefer to focus on the business of giving, without having to worry about tripping over the sometimes obscure rules and regulations that govern this work. But the fact is that family foundation boards need to be aware of potential potholes on the road named philanthropy. Driving blind down this road can get you into trouble. One potential… Read More
Uncategorized, Case Studies

The Ansara Family Fund: Partnering Beyond Borders for Long-term Impact

Posted on April 15, 2010 by Jason Born

When Karen and Jim Ansara contacted the Boston Foundation on January 14, 2010 to talk about how their family’s donor advised fund could best respond to the earthquakes in Haiti – which had happened less than 48 hours before – they were continuing both a longstanding commitment to international philanthropy, as well as a more recent commitment to Haiti in… Read More

Choosing and Preparing Your Grantmaking Successors

Posted on March 4, 2010 by Mary Phillips

Family foundation donors and first generation boards should begin the continuity and succession discussion early in the foundation’s lifetime if perpetuity is the objective. In a succession plan, one trustee usually succeeds another. However, before succession can take place there should be continuity of governance where members of more than one generation are working together as peers. This Passages profiles… Read More