Q&A's Archive - Exponent Philanthropy

Q&A Archive

How common is board compensation among Exponent’s membership?

Compensation for Routine Board Service All foundations rely on trustees for leadership, oversight, and planning. But many lean foundations also rely on trustees for a considerable amount of the labor needed to run a foundation. To acknowledge the crucial role that trustees play in their governance and operations, some foundations compensate members for routine board... Read More

Are there self-dealing issues related to foundation board, staff, and family attending nonprofit events?

Yes, self-dealing rules affect whether foundation staff, trustees, donors, and family members may attend nonprofit events at the foundation’s expense. Download our How to Avoid Self-Dealing Primer and refer to pages 14 and 15. The Primer features valuable guidance on many other common self-dealing issues. Need expert legal advice? Consider Exponent’s SignaturePLUS Membership and get up... Read More