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…
Our facilitators will draw on real experience — including the Community Foundation of the Texas Hill Country’s response to the July 2025 Kerr County floods, along with lessons from Uvalde, Texas, the Maine and California wildfires, and the Baltimore Key bridge collapse.Facilitators will walk…
This workshop draws on real experiences from:July 2025 Kerr County floodsUvalde school shootingMaine and California wildfiresBaltimore bridge collapseFacilitators will walk through a practical framework for building public understanding before a crisis, managing communications in the moment,…
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 - 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
Research
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…
Legal Basics for Community Foundations - Virtual - June 2026
Training HoursWednesday, June 3, 1-4 p.m. ETThis workshop will include: An overview of the nonprofit universe including information about including 501(c)(3) organizations and the differences between public charities and private foundations.Introduction to the statues, tax codes, and legal…
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…