The Trustee Handbook: Essentials for Effective Foundation Board Members - Exponent Philanthropy

The Trustee Handbook: Essentials for Effective Foundation Board Members

We designed this handbook specifically for trustees and directors of small-staffed foundations, and key staff who work closely with them. It provides information on and insights into foundation fundamentals: governance, grantmaking, legal compliance, and financial oversight. At the same time, it shares a wealth of tips and tools to orient you to the trustee role.

If you are not a trustee or director, but you are a board member, this book is still for you! The field uses the terms interchangeably, and so do we.

This is our most comprehensive resource for trustees and board members.


The Trustee Handbook Table of Contents

l. GOVERNANCE BASICS

  • Defining Roles and Responsibilities
  • Building a Healthy Board
  • Setting Direction
  • Running the Board Effectively
  • Making Plans for Succession
  • Additional Resources

II. GRANTMAKING FUNDAMENTALS

  • Setting Up Your Grantmaking Program and Process
  • Doing Good Grantmaking
  • Additional Resources¬†¬†

III. LEGAL AND TAX MATTERS

  • Understanding the Nonprofit World
  • Maintaining Essential Documents
  • Understanding Primary Federal Laws
  • Exercising Expenditure Responsibility
  • Meeting the Legal Obligations of Nonprofit Board Members
  • Addressing Liability Issues
  • Handling Tax Matters
  • Additional Resources

IV. FINANCIAL OVERSIGHT AND INVESTMENTS

  • Setting Internal Controls
  • Making Prudent Investments
  • Investment Glossary
  • Additional Resources

153 pages