January 2023 - Exponent Philanthropy

January 2023 Resources

How can I ensure that my foundation’s travel expenses remain “reasonable and necessary”?

Exponent Philanthropy recommends all foundations create a clear travel and expense reimbursement policy that achieves the following:  Advises trustees and staff to choose cost-effective travel options. The law requires that these expenses not be “lavish or extravagant.”  Describes the activities for which related travel may be reimbursed and any limits on quantity of travel per... Read More

Does Exponent Philanthropy offer a group health insurance policy?

No. Exponent Philanthropy does not offer a group health insurance policy at this time because state-specific regulations make it difficult to negotiate a group health insurance policy for our national membership. However, we’ve brokered discounted services for members with five or more staff from the human resources outsourcing firm TriNet. This includes competitive health insurance options.... Read More