Can you share a sample document that can help my foundation create a statement of donor intent?
Yes! Download this sample document for capturing your donor’s intent in writing. Read More
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
Do you have tips for funding returning grantees?
Yes, see this recent blog from Foundation Source: Adapting Your Grant Approach Series: Tips for Funding Returning Grantees. Read More
What documents should I have ready and organized before I start to file the Form 990-PF?
A key to completing or reviewing a private foundation’s Form 990-PF is to have the required source documents available and organized before you start—even if you are hiring someone to complete the form for you. For easier access to what you need, it can be helpful to categorize expenses in certain ways and keep certain... 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