Blog

Topic: “Boards and Governance”

Synchronize Your Foundation

There was a time not so long ago that nearly all philanthropists, as well as many others, carried a mechanical watch. Prior to cell phones, digital watches, and electrical quartz watches, the mechanical watch was a true marvel—a complex assembly of springs, gears, jewels, pins, and other components. Winding a watch transmits energy into a... Read More

Involving Non-Family Members in the Foundation

Many of our clients consider whether to involve non-family board members either early in the formation of their foundation or at some point during the foundation’s growth and development. This article discusses factors to consider in determining whether and how to include “outsiders”: the selection criteria of non-family members for board service; practices  to ensure... Read More

Let’s Be Candid About Board Succession Planning

The Wilson Foundation was started in 1963 by Joe Wilson, founder of Xerox Corporation, and his wife, Peggy. When the foundation began its most recent strategic planning process, the board represented three generations with 24 members spread across the country. We embarked on strategic planning to revisit our giving priorities, but we quickly realized our... Read More