Tailoring to Your Needs and Budget Annual reports can take many forms depending on your foundation’s resources and goals: A short, typed document listing the year’s grants. An elaborately designed and printed publication. A simple one- or two-page letter, either created in-house or with the help of communications consultants. Importantly, annual reports don’t need to... Read More
Taking time to reflect on the following questions can help ensure your foundation manages staff legally and ethically, while fostering a supportive work environment that advances your mission. Advisors and Resources Who on the board is responsible for monitoring HR, and are they familiar with employment practices? Does a board member have a relationship with... Read More
A records retention policy is a simple written document—one or two pages—that summarizes your procedures for storing, organizing, purging, archiving, and protecting foundation documents and fulfilling public reporting requirements. A records retention policy typically includes the following information: What documents you store and how long you store them Where you store different types of documents:... Read More
Generally, a worker may be classified as an independent contractor if the employer has the right to control or direct the result of the work but not the means or methods of accomplishing the result. The Internal Revenue Service (IRS) uses a 20-factor test to determine whether a worker is an employee or an independent... Read More
As an employer, you are responsible for documenting that your employee is eligible to work in the United States. To do this, the employee must complete Immigration and Naturalization Service Form I-9, Employment Eligibility Verification. You, the employer, must keep this form on file for as long as the employee works for you. For small... Read More
To develop a filing system as part of your overall records management system, first sort your documents into major categories that fit with your foundation’s operations. Foundations sort their documents in different ways; some foundations, for example, sort according to the following categories: Founding Documents Legal and Accounting Records Board Records Program Records Personnel Records... Read More