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This white paper provides a review of critical governance issues that foundations must consider to remain in compliance with prevailing and emerging laws and regulations. Readers can expect content focused on trustee fiduciary responsibilities as relates to duties of care, loyalty, and…
Directors & Officers liability insurance provides financial protection for a foundation and its directors, officers, employees, and volunteers in the event of a lawsuit.
Does your foundation need D&O insurance?
A foundation doesn't have to be in the wrong to be sued. D&O insurance…
By Anne H. Morgan
Becoming a trustee of a family foundation can be a complex, confusing, and confounding experience. Suddenly you are thrust into a room full of persons whom you thought you knew, but now they are all in different roles. Your favorite aunt, who has always seemed so demure and…
This article will help your board consider three main questions:
What are the advantages and limitations of large versus small boards?
What size will help us best accomplish our mission?
How do our colleagues approach this question?
Although board size varies significantly among…
The Stewardship Principles for Family Foundations are a set of governance best practices that embody how family foundations can reflect fundamental values (including honesty, integrity, fairness, and trust) in their board governance, management, and grantmaking.
This briefing will help your board consider three main questions: what are the advantages and limitations of CEOs on boards? If the CEO is on the board, should they have full voting rights? How do your colleagues approach this decision?
The Council on Foundations, in collaboration with BoardSource, created this easy-to-use guide for new foundation board members.
Family foundations must grapple with many questions when determining who will serve on the board. For example, who is eligible for board service? The easy answer for many foundations is that all family members are eligible, but how do you define "family member"? This document highlights some…
This resource outlines the onboarding process for a new board member.
The Stewardship Principles for Independent Foundations are a set of governance best practices that embody how independent foundations can reflect fundamental values such as honesty, integrity, fairness, and trust in their board governance, management, and grantmaking.