Embracing Better Ways of Operating
Recommended Best Practices in Managing Foundation Investments
Fundamentals
The Council's Board of Directors released this guidance memorandum in March 2010 and strongly recommends that when reviewing and approving foundation investment policies and procedures practices, all foundations—private and public—consider these best practices in foundation investment management.
Networking for Success: Building Networks Is Essential to Investment in Social Impact Bonds
Toolkit
Working in collaboration with the Center for American Progress, the Council co-hosted conversations among foundations, community development financial institutions, and investment firms about social impact bonds and Pay for Success. Out of these conversations, two issue briefs were created:
“…
Board Compensation
Fundamentals
Introduction
Should your foundation board members be compensated for service, or should they serve in a voluntary capacity? Whether you are considering this issue for the first time, or whether it’s a question that has arisen before, compensation has become more than an internal management…
FAQ: Agency Endowment Funds
Legal Compliance Guidance, Fundamentals
What is an agency endowment?
What types of organization can establish an agency endowment at a community foundation?
When a public charity establishes an agency endowment at a community foundation, which organization owns the contributed funds?
Since the agency is releasing legal…
What to Require of Grantees
Fundamentals, Legal Compliance Guidance
Good relationships between grantmakers and grantees promote more effective philanthropy. But there's nothing that can mess up a good partnership faster than an overzealous lawyer. In seeking to protect their foundation clients, lawyers can sometimes impose excessive requirements on grantees,…
Starting a Foundation
Fundamentals
Does the Council on Foundations provide assistance with starting a foundation?
Can we join the Council before our foundation is formed?
What are the general steps in starting a foundation?
Should we set up our foundation as a trust or a corporation?
What are the costs of starting a…
IRS Search Tool: Select Check
External Resource
Grantmakers searching for more detailed information about the charitable status of their potential grantees may find the answers they need in the IRS Select Check tool.
This IRS online search tool allows the user to:
(1) search the IRS public charity list, known as IRS Publication 78, for…
SDG Learning Circle for Foundations - September 2026
Join us for this peer-led event dedicated specifically to foundations working on advancing the Sustainable Development Goals (SDGs) or are open to learning more about how the SDGs can fit within their work.Connect with foundation peers to learn about the United Nations Sustainable Development Goals…
SDG Learning Circle for Foundations - June 2026
Join us for this peer-led event dedicated specifically to foundations working on advancing the Sustainable Development Goals (SDGs) or are open to learning more about how the SDGs can fit within their work.Connect with foundation peers to learn about the United Nations Sustainable Development Goals…
SDG Learning Circle for Foundations - March 2026
Join us for this peer-led event dedicated specifically to foundations working on advancing the Sustainable Development Goals (SDGs) or are open to learning more about how the SDGs can fit within their work.Connect with foundation peers to learn about the United Nations Sustainable Development Goals…
Grantmaker Salary and Benefits Report: Board Compensation Tables
The Grantmaker Salary and Benefits (GSB) Board Compensation Tables provide foundation boards and staff with the tools they need to benchmark their board compensation policies and practices against peers in the field. Released every two years and containing data collected through the Council’s…
Better Stories, Better Language: A Communications Workshop Series 2026
After a year of research, the Council and the University of Florida’s Center for Public Interest Communications released “Philanthropy’s New Voice: Building Trust With Deeper Stories and Clear Language" in April 2024. As the largest study of narratives in philanthropy, it offers science-backed…
Basics of Civic Engagement for Foundations
Philanthropic organizations face heightened attention and expectations. To support Council members, our Legal Resources team hosted a webinar on what philanthropic organizations need to know to engage confidently and responsibly in civic engagement work.This session covered what organizations can…
Better Stories, Better Language: The Ethics of great storytelling
We’ll discuss the essential elements of stories that are authentic, accurate, and ethical and that serve our communities and issues well.
In this session, you’ll learn:
How to incorporate a range of voices into your stories, including those closest to the issue, decisionmakers and…
Better Stories, Better Language: Building trust, showing your value, and using language that resonates
Annual reports, 990 PFs, and all the other language foundations use don’t help people understand what we do. This workshop will help you replace the jargon and harmful metaphors with visual, memorable language. You’ll also learn the essential elements of stories that build trust. Bring your…
Better Stories, Better Language: Showing Your Work
In this session, you’ll learn to align your stories with your theory of change and develop meaningful measurements that go beyond clicks, likes and shares.
You’ll learn:
How to set meaningful goals that align with your organization’s mission and theory of change.
How to write a theory of…