Do we need formal policies on trustee selection, orientation, and evaluation?

Posted on December 11, 2013 by Michael Rion

Although there are no legal requirements, commitment to responsible trusteeship includes ensuring that such policies and procedures appropriate to the size and nature of the board are in place. For many foundations, this may mean nothing more than a mutual understanding between two spouses or siblings that review and evaluation of one another’s actions as trustees is appropriate when needed… Read More

10 Things Every New Foundation Board Member Should Know

Posted on November 8, 2013 by Council on Foundations, BoardSource

This publication is designed as a basic guidebook for the new foundation board member, providing an introduction to tools and knowledge essential in the first years of service on the board. While it is not a substitute for legal, financial or other professional advice, it will help inform you about the responsibilities that accompany board service. This tool was developed… 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