Performance Review: Evaluating the Family Foundation CEO

Posted on September 13, 2012 by Virginia M. Esposito, Beth Casselman, Julie Fisher Cummings, Doug Bitonti Stewart

Little has been written about how to review the performance of family foundation CEOs. The job carries a unique set of roles and responsibilities including the special skills required to support effective board governance, work within the family’s culture, represent the family in the community, and engage in grantmaking in the context of the family’s legacy… Read More

Family Members on Call: Being Both Family and Staff

Posted on February 12, 2009 by Sarah Cavanaugh

If you are already family staff, if you are thinking of hiring a staff member who is family, or if you are transitioning from a family to a nonfamily staff person, this discussion is for you. The role of staff member to a family philanthropy already comes with a myriad of roles. But when the staff person is also family, there's a whole set of dynamics with both benefits and challenges… Read More

Family Governance Meets Family Dynamics: Strategies for Successful Joint Philanthropy

Posted on October 28, 2007 by Fredda Herz Brown, Patricia Angus

This Passages issue paper explores the interplay of family dynamics and family governance in family philanthropies, concluding families who think about their governance systems, including how decisions will be made, are less likely to be encumbered by family dynamics than families who begin their philanthropies informally, progressing to formality over time. In addition, families who openly address their underlying internal… Read More

Board Compensation: Reasonable and Necessary?

Posted on April 5, 2001 by Jason Born

Deciding whether to compensate or reimburse family foundation board members can be a difficult and complex decision. This Passages Issue Brief provides guidance on the legal regulations regarding compensation, suggestions for how to initiate a conversation among your board members about whether or not compensation is appropriate, and suggestions for how to develop a written policy based on this conversation… Read More