That’s exactly what a spending policy is for. Check out this sample document to see how one foundation handles board authority, discretion, and exceptions. Download the Sample Spending Policy » Read More
Board members carry fiduciary duties rooted in two core principles: care and loyalty. That means prudently overseeing assets and ensuring every decision aligns with the foundation’s best interests. Understanding those responsibilities — and how they differ from the role of any outside investment professionals you work with — is a critical starting point. Ready to... Read More
More common than you might expect — and that’s just one of the findings in this year’s Foundation Operations and Management Report. The 2026 edition also surfaces trends in next-generation engagement, board composition, grantmaking approaches, and more. See what other family foundation trends the data reveals in the blog: Family Foundation Trends: Findings From the... Read More
From self-dealing rules to the 5% distribution requirement to filing an accurate Form 990-PF, there’s a lot to stay on top of — especially for lean teams. Our Foundation Fundamentals: Tax, Legal, and Administration resource page breaks it all down in plain language. Read More
Having a clear removal policy in place — before you need it — protects your foundation and sets expectations for everyone on the board. From attendance requirements to family governance situations, our sample Board Member Removal Policies give you a practical starting point for drafting language that works for your foundation. Read More