According to nonprofit corporation law, a foundation director or trustee must meet certain standards of conduct and attend to his or her responsibilities to the organization—otherwise referred to as the duty of care, duty of loyalty, and duty of obedience. Many organizations circulate an explicit code of duties and responsibilities. On taking office, trustees review... Read More
Board Meeting Checklist Before the Meeting: Let trustees know the meeting date, place, and time well in advance. Assign or remind trustees of board roles and tasks, so they can come prepared. Plan the meeting with a facilitator (if appropriate) and get input from the rest of the board. Establish clear goals for the meeting.... Read More
Healthy foundation boards continually renew themselves through a series of interconnected steps. Each stage helps ensure the board remains effective, engaged, and responsive to the foundation’s needs. Identify: Determine what your board needs, such as skills, expertise, perspectives, connections, or demographic diversity, and identify sources that can help you find potential trustees who meet those... Read More