A leadership succession plan expresses an organization’s commitment to continuity and stability. It is a written plan identifying the values and process by which leadership will be sought and assumed when a planned or unplanned departure by key board members or staff occurs. Who is prepared to assume responsibility in the absence of those responsible?... Read More
It is understandable that emerging leaders may feel underprepared. They often are the youngest or newest member of a board or staff, sometimes just starting their professional journeys. Something more powerful than age or experience also is at work, though: Almost to a fault—and, in Exponent Philanthropy’s experience, without exception—young leaders in philanthropy approach their... Read More
Can I hire my daughter to staff our family’s foundation? First, determine whether your foundation’s governing documents permit the payment of compensation to a child. As a board member, you should read these documents (i.e., articles of incorporation, bylaws, trust agreement, declaration of trust) first. Also, it is possible that the state law governing your... Read More
This series introduces young people to strategic, thoughtful philanthropy, and inspires them toward giving with impact. Families and adults who work with youth can use these guides to facilitate peer discussions and fun activities around giving. On the menu Order a full-color, printed set of these readers. This project is a partnership of Exponent Philanthropy and... Read More
Self-dealing is prohibited; conflicts of interest can be managed. But the intricacies of the two can be confusing. In this webinar, led by attorney Darren B. Moore of Bourland Wall & Wenzel, find clear, easy-to-follow steps to help you recognize each, avoid self-dealing, and manage conflicts of interest. Learn the laws, discuss common situations and... Read More
Given the tremendous and rapid changes in resources and community needs during the Great Recession, foundations reevaluated their work and responded to this new and complex environment. For guidance, some foundations turned to other organizations and experts for recommendations. Others looked inward and used their own missions, values, and histories to respond. What does it... Read More