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
In the 2024 Exponent Philanthropy blog “Integrating Feminism Into Philanthropy,” Nicole Baran, founding executive director and board member of the Peggy and Jack Baskin Foundation, outlines practical ways funders can apply this approach, both within their organizations and through their grantmaking. Steps Toward Gender Equity Nicole’s blog highlights several practical insights for funders looking to... Read More