Nonfamily Members on Family Foundation Boards - Exponent Philanthropy

Nonfamily Members on Family Foundation Boards

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Your foundation is a labor of love for you and a great way for your family to come together around projects and organizations you collectively care about. It also is a public institution and, as such, requires a qualified and committed board of directors, whether they are family members or other individuals.

What are the pros and cons of inviting nonfamily members to serve on a family foundation’s board? How do funders decide who to invite? What is best for your foundation, and what is best for those you serve?

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