Governance

Naming Recognition: Is it ok to name a building after donors rather than the foundation?

Posted on February 18, 2016 by Andras Kosaras

Our foundation, the Hearts and Hopes Foundation, provided a grant to a new research facility at a local university. The university has suggested naming the facility after our donors: i.e., the “John and Mary Smith Research Center.” Is this okay or do we have to name it the “Hearts and Hopes Foundation Research Center?” We want to ensure we are… Read More

Are there any lobbying red flags to look out for in final grantee reports to our foundation?

Posted on February 18, 2016 by Andras Kosaras, James P. Joseph

Are there any lobbying red flags to look out for in final grantee reports to our foundation? The foundation should look at grantee reports for lobbying flags or electioneering flags. If grantees are not following the rules it is better to know sooner rather than later. This way it can be corrected going forward. For more information, see The Rules… Read More

Recusals: When Should Board Members Excuse Themselves?

Posted on February 18, 2016 by Andras Kosaras, James P. Joseph

If five out of our six board members are on another board of a non-profit, how do we make grants to that non-profit without a majority vote? What are the rules on recusals? This is a little tricky but the members are not required to recuse themselves as long as everyone discloses their relationship with the non-profit. However, if five… Read More

How should a foundation deal with a obvious self-dealing situation if it was set up by our legal counsel?

Posted on February 16, 2016 by Andras Kosaras, James P. Joseph

If a family foundation’s attorney designs an obviously self-dealing relationship on behalf of one of the foundation’s trustees, and with the awareness and participation of all of the other foundation trustees, does the foundation remain free of liability for taxation or penalty, simply because legal counsel designed and approved the relationship? Is there any legal accountability on the part of… Read More

Is it self-dealing to attend a gala representing our foundation?

Posted on February 15, 2016 by Andras Kosaras, James P. Joseph

I have a self- dealing question. Our family foundation is being honored by one of our grantees at their upcoming gala. I have read that attending the gala under such circumstances is considered official foundation business. However, if the foundation purchases tickets for staff and board members to attend the gala, or sponsors a table, does the foundation need to… Read More

The family foundation life cycle and the role of consultants

Posted on January 20, 2016 by Mary Phillips, Susan Schwartz, Suzanna Stribling

Family foundations come with a unique set of dynamics, like their dedication to preserving a legacy and to sharing decision-making among family members. These dynamics are often a significant influence on a foundation's governance and operations, and they can also extend to how family foundations' experiences with consultants differ from those of other foundations or nonprofits… Read More

Collaborating Across Power Differences

Posted on January 14, 2016 by Miki Kashtan

Power dynamics can really get in the way when you are trying to build a healthy, strong organization. If family foundations and their grantee partners don’t see eye to eye, or if junior members of the family pose challenges to their board leaders or elders, the back-and-forth struggle isn’t just uncomfortable; it can undermine the organizational stability and compromise impact… Read More

A Steadying Hand: The Critical Role of Non-family Board Members

Posted on October 16, 2015 by Susan Packard Orr

This special Passages Issue Brief written by NCFP Distinguished Fellow Susan Packard Orr describes the various skills, expertise, and perspectives that non-family board members can provide, as well as some of the common challenges for families seeking to add their first non-family board members, and tips for how to set clear expectations for this role… Read More

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