Sample Document
Code of Conduct – Directors/Officers
Download a sample code of conduct for board directors and officers. Read More
Resources
Results for: Topic: “Boards and Governance”
Sample Document
Board Policies
Board policies work in tandem with the foundation’s bylaws or trust document to create the foundation’s structure. Bylaws or the trust document are legally binding and based in state law; policies also are considered binding, but they are less likely to be backed by force of law and are easier to amend (e.g., usually by... Read More
Evaluating Foundation Staff
Regular performance evaluations—at least once a year—can help staff improve their work. The board evaluates the foundation’s lead staff person (i.e., executive director, foundation administrator, CEO). In turn, the lead staff person evaluates other staff members and consultants (as applicable). In some cases, staff members evaluate themselves and then compare their assessments with their supervisor.... Read More
Conflict of Interest Policy
A conflict of interest can occur any time a board member or staff’s outside involvements (e.g., business interests, family relationships, political affiliations, other charitable activities) intersect with those of the foundation. The benefit, or potential benefit by board or staff, can lead to biased decisions and unethical behavior, or the appearance of such. In instances... Read More
Discretionary Grants Policy
Discretionary grantmaking is the practice of allowing board members and, in some cases, committee members, family members, or staff to direct a portion of grantmaking dollars to organizations of their choice. Although the board is legally responsible for all discretionary grants, the grants generally are approved without extensive review or discussion. They truly are made... Read More
Expectations of Board Members
Foundation board members are expected to: Set and adjust the direction for the foundation: its mission and goals. Establish principles, policies, and procedures that govern the foundation’s operation and advance its mission. Oversee the foundation to ensure that it operates effectively and efficiently in support of the mission, and that it complies with legal rules.... Read More