Q&A's Archive - Page 7 of 41 - Exponent Philanthropy

Q&A Archive

Why should I address succession now?

Succession tops the list of what keeps foundations up at night, yet many are reluctant to tackle the issue. Addressing succession early on has a number of benefits: It’s important to pass organizational strengths to future leaders while senior board members are still active. Disputes over mission, the pressure of geographic dispersal, uneven competencies and... Read More

What assets do small-staffed funders bring to policy work?

Small-staffed funders draw on many assets besides money to advance issues in the policy arena: Human assets. Consider the creativity, passion and resourcefulness of founders, trustees, family and staff. Freedom to focus on an issue and persevere over the long term. Philanthropists have the freedom to “go deep” on an issue and commit. Most problems... Read More

What does the position of board chair demand?

As the chief volunteer officer, your board chair is responsible for leading the board. This position demands exceptional commitment to the foundation, first-rate leadership qualities, and personal integrity. To meet the challenges of this position, the chair must earn and maintain the respect of fellow trustees. An effective board chair is: Knowledgeable about the foundation... Read More