The majority of foundations do not compensate board members for routine board and committee service, but one size does not fit all. Foundations with more assets are more likely to compensate board members, as are non-family foundations.
Our publication Board Compensation can help your board carry out a thoughtful discussion about board compensation, craft a policy that fits your foundation’s unique outlook and circumstances, and if you decide to compensate, set a process for determining a reasonable compensation level.
You can also read more in this article on board compensation or find data on board compensation among our members in the Foundation Operations and Management Report.
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