We do! 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 trustees. Your board can state its reimbursement policy clearly and in writing, and include the following: Require that travel on behalf of the foundation be undertaken in a cost-effective... Read More
The following excerpt is from our publication Hiring Great Staff: According to IRS regulations, every person who receives compensation must be classified as an independent contractor or employee. The classification depends on specific factors outlined by the IRS. For example, the IRS considers workers to be independent contractors if the company does not manage how... Read More
Funder Collaboration: It’s Not Always What You Think is a great place to start, dispelling common myths about funder collaboration. You’ll also find funder stories and advice in these articles: Funder Collaboratives: A Guide to Successful Partnerships Collaborating With Other Funders Supporting and Engaging in Networks We also encourage you to join our November 13... Read More