Bylaws

Where should the issue of the dissolution of a community foundation be addressed?

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What will happen to a donor's fund should the foundation cease to exist? Should our Articles of Incorporation and By-Laws include a specific reference to dissolution?
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Resource Type: Technical Assistance
Audience: Community Foundation, Donor Advised Funds
Topic: Bylaws, Public Policy & Legal Issues


Can a foundation be changed from nonpermanent (sun-setting) to permanently endowed?

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Can you change a foundation currently in spend down /sun-setting form nonpermanent to a permanently endowed foundation after the founder has passed?

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Resource Type: Technical Assistance
Audience: Family Foundation, Board/Trustees
Topic: Governance & Board Development, Bylaws