This article is deemed a must-read by one or more of our expert collaborators. Many families with multiple branches may elect to set up a Family Council. While the particular roles and responsibilities of Family Councils vary across families, they typically function as an…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass’ Take: • Writing for Fund The People, Marianne Philbin, executive director of the Pierce Family Foundation, lists ways that funders can better support their grantee staff, including sharing salary…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass’ Take: • Stanford Social Innovation Review examines the way nonprofits should approach mergers, specifically in communicating with stakeholders on what can be a complicated scenario. • SSIR gives…
This article is deemed a must-read by one or more of our expert collaborators. The laws governing the management responsibility of foundation fiduciaries with respect to investment decisions have changed a great deal over time. Historically, laws significantly restricted the ability of charitable institutions…
This article is deemed a must-read by one or more of our expert collaborators. The seniors I talked with came to philanthropy through many different backgrounds. Most learned philanthropy from parents who took their community and philanthropic responsibilities very seriously. Many joined their family’s…
This article is deemed a must-read by one or more of our expert collaborators. At some point in the life of most good-sized family foundations, the board will need to hire a chief executive officer. (For simplicity, CEO is used here to refer to…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass Take: • Development and NGO actors are still navigating how to intervene in high conflict zones and face discussions about reform of the development system. • How can development…
This article is deemed a must-read by one or more of our expert collaborators. There are many different possible motives in the examples above – with different implications for the appropriate roles, rights and responsibilities of Emeritus members. Whatever your situation, be sure to…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass’ Take: • Sherece Y. West-Scantlebury from the Winthrop Rockefeller Foundation writes about how stagnation and inaction has led to a lack of diversity among nonprofit boards. • What is…
This article is deemed a must-read by one or more of our expert collaborators. What value can diversity bring to the work of family foundations? First of all, diversity is now more interwoven into the fabric of our society, including our neighborhoods, education, business…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass’ Take: • While federal datasets remain, significant changes have been made to funding structures, language, and accessibility in order to obstruct scientific findings the administration finds inconvenient. • How does…
This article is deemed a must-read by one or more of our expert collaborators. There is a lot of talk in philanthropy about organizational culture in foundations. I don’t know about you, but I have noticed a culture of disrespect when it comes to…