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

Conflict of interest policy (Mary Reynolds Babcock Foundation)

Posted on March 11, 2010 by Mary Reynolds Babcock Foundation

This policy delineates the responsibilities of Directors, staff members, or committee members who are not board members of the Mary Reynolds Babcock Foundation regarding two levels of conflict of interest. The first level is a conflict of loyalties, such as serving on the board of any applying organization but having no financial conflict of interest. The second level of conflict… Read More