Boards and Governance Archives - Page 18 of 27 - Exponent Philanthropy

Resources

Topic: “Boards and Governance”

Annual Board To-Dos: A Checklist for Running a Foundation

The following checklist, designed for established foundations (not start-ups), offers recommended and legally required action items. We encourage you to make it your own. Governance Board meetings—Give notice, take care of business, hold elections, and set a meeting calendar (once per year at a minimum or more often, as appropriate). Meeting minutes—Take minutes and approve... Read More

Whistleblower Policy

Whistleblower or antifraud policy regulations now apply to foundations and nonprofits by virtue of the Sarbanes–Oxley Act of 2002. Although the act does not specifically require nonprofits (including private foundations) to develop a written internal policy or procedure, board members and employees must be sure to follow the new law. The new law states there... Read More

Orienting New Trustees

By following a few simple steps to create an orientation that is both effective and engaging, you can give your new trustees the tools they need. Here’s how. See also the publication Bringing on the Board: Practical Steps for Orienting Foundation Board Members >> Set your goals If you define your goals before designing the... Read More

Board Meeting Requirements and Strategies

Great board meetings are achievable. Following a few legal requirements plus tried-and-true strategies can create an environment and a process for efficient, enjoyable foundation board meetings. Legal requirements For incorporated foundations, different states have different legal requirements for: Notice—States regulate how much notice needs to be given of meetings, and in what format. Typically this... Read More

Working Together From a Distance

If your board becomes geographically dispersed, don’t let it daunt you. With the challenges come opportunities to fine-tune your foundation and address the dispersion in creative ways. Strategy 1: Revisit your foundation’s mission Geographic dispersion is a much bigger challenge than just keeping trustees in touch. It often calls into question the future of your... Read More