Boards serve an essential governance role within foundations. Each board varies in terms of its policies and procedures depending on the structure required to achieve its strategic goals and organizational mission.
This resource outlines recommended and required elements of this process, the details of a compensation package, special considerations in considering raises and bonuses, and much more.
Board members and staff of philanthropic institutions regularly reach out to CMF to learn more about succession planning. The Ask CMF team has curated the following resources for organizations considering how to plan for a hypothetical or forthcoming transition for executive positions.
While private foundations have strict rules for self-dealing among disqualified persons, many of these rules are well-established best practices for other grantmakers and public charities.
This resource shares helpful information about conflicts of interest relating to the nonprofit and philanthropic sector. Conflicts of interest are of concern for both private foundations and public charities.
Our team of experts is here to answer your technical questions, track down research and connect you with best practices in grantmaking, legal and operational insights, sample documents and more.