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