This list of annual to-dos for foundation boards is a great starting point. It includes actions that are legally required as well as those we recommend for Exponent Philanthropy members. The blog post Ten Ways to Move Your Philanthropy From Transactional to Transformational is another great read when thinking about how to spend the time,... Read More
When professional staff are in the mix, it can be hard to figure out the right role in grantmaking for foundation trustees. On one hand, trustees need to know enough about the grantmaking to oversee it and set strategic direction. On the other hand, stepping into grantmaking’s day-to-day minutiae can lead to the aforementioned headaches.... Read More
Some states require foundations to submit an “annual report” along with their Form 990-PF so that regulators can ensure foundations are fulfilling their charitable purpose. This is typically a template that must be completed, as determined by the state, and should not be confused with the voluntary annual reports created by many foundations. Well-written, voluntary... Read More
The most effective boards engage in a continual process of self-assessment, that is, an evaluation of their performance. The assessment focuses on how you function as a board, not how you operate as a foundation. For some, this may be familiar thinking; for others, a board assessment provides a framework to think about how the... Read More
An executive director of a small-staffed foundation juggles many roles: strategic grantmaker, convener, collaborator, and, at times, board wrangler, media spokesperson, technical assistance provider, mediator, and the list goes on. This article will get you thinking about what should be included in your foundation’s executive director job description and link you to several sample executive... Read More
It is becoming increasingly common for foundations to consider closing shop. Although the reasons you’re contemplating this option may be straightforward, the process of closing can be complicated. Download our publication Closing Shop: When Small Foundations Get Out of the Foundation Business to better understand the options and strategies for spending down effectively. You’ll find... Read More