This article is deemed a must-read by one or more of our expert collaborators. Most family foundations prefer to focus on the business of giving, without having to worry about tripping over the sometimes obscure rules and regulations that govern this work. But the…
This article is deemed a must-read by one or more of our expert collaborators. Q: We want to involve a new generation in the foundation. At what age should we welcome new board members? A: Family boards often agonize over what the minimum age…
This article is deemed a must-read by one or more of our expert collaborators. Among the most important tasks that any board confronts is the choice of head staff person. If anything, this decision has even greater significance in family foundations. Whether the position is…
This article is deemed a must-read by one or more of our expert collaborators. The Arthur M. Blank Family Foundation in Atlanta made a big move earlier this year when it added four new non-family members to its board of directors. For many family…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass’ Take: • A report from BoardSource finds that not only are boards not that diverse, but they do not have plans to be. • If you are on…
This article is deemed a must-read by one or more of our expert collaborators. Ask any family member and they are usually able to identify the current family leader. This is the person around whom everyone gathers; the person who takes responsibility for family…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass’ Take: • Sustainable fishing practices produce larger catches of seafood and will help, not hurt, the fishing industry. • How do preconceived notions of the consequences of sustainable practices…
This article is deemed a must-read by one or more of our expert collaborators. Giving Compass’ Take: • Donor-advised funds offer an opportunity for individuals who want to make a difference to begin impact investing. • What barriers to understanding and access exist that…
This article is deemed a must-read by one or more of our expert collaborators. Deciding whether to compensate or reimburse family foundation board members can be a difficult and complex decision. Boards and foundation observers have long debated the reasons for and against compensation…
This article is deemed a must-read by one or more of our expert collaborators. The three sectors in our economy — for-profit or business sector, nonprofit or social sector, and government — are becoming far less distinct, and, in many ways, are merging. Especially…
This article is deemed a must-read by one or more of our expert collaborators. Scarcity thinking is incredibly pervasive in the nonprofit sector. And it makes sense that it would be. Nonprofit leaders have been told for so long that they must scrape by,…
This article is deemed a must-read by one or more of our expert collaborators. When violent, ideological groups like the Islamic State establish a foothold, they strengthen their position with a narrative that the government has failed to deliver on its social contract with…