Foundation Fundamentals: Boards and Governance - Exponent Philanthropy

Foundation Fundamentals: Boards and Governance

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So, you’re building a foundation board. Now what? A strong board is essential for a well-run foundation, no matter its legal structure. As a board member, you play a crucial role in shaping policies, setting expectations, and ensuring good governance. This page will walk you through everything you need to know—from onboarding new members to understanding key legal responsibilities. You’ll also learn how to differentiate between board and advisory committees, navigate leadership transitions, and put the right insurance in place to protect yourself and your fellow board members.

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