Self-assessment is an excellent choice for small foundation boards at any stage. Whether your board is focused on fundraising, revising your mission and strategies, or struggling with internal divisions, a good self-assessment offers practical, useful results that help your board stay on track. This primer is designed to empower your board to take a thoughtful... Read More
Your foundation needs policies in order to operate. Yet, the word policy can send some board members running. This primer walks you through 11 policies your foundation should consider and offers tools to empower your board as it works to fulfill the foundation’s mission. The policy topics covered in this primer include: Attending fundraisers Board... Read More
When your organization welcomes new board members, you know you need to share about your foundation, its programs, and what it means to serve on a board. But where to begin? Some of your new trustees may be family members who’ve grown up hearing about the foundation. Others may be experts who specialize in your... Read More
Although most foundations choose to not compensate board members for routine board service—creating or revising foundation policies, overseeing foundation operations, attending board meetings, and more—one size does not fit all. For some small foundations, culture and assumptions, or specific strategies and rationales, lead the board to compensate its members. This publication reviews: The laws and... Read More
Private foundations are permitted to pay for or reimburse ordinary and necessary expenses incurred in carrying out their activities, including the costs of travel by board members. These expenses typically include travel expenses for board meetings or philanthropy conferences, long-distance telephone expenses for conference calls, and expenses incurred while going on site visits (e.g., mileage,... Read More
Whether your board meets once a year or monthly, your meetings will be more effective with a good agenda. A good agenda organizes the meeting so it flows logically, keeps discussions on target, and keeps the meeting on time. A good agenda also makes it easy to create your meeting minutes. Terms to know Agenda—An... Read More