The Council on Foundations’ Foundation Management Series provides foundation boards and staff with the tools needed to benchmark their practices and operations against peers in the field. Containing data from the Council’s 2009 Foundation Management survey, the series will consist of three reports: Board Composition and Compensation, Administrative and Investment Expenses, and Fiscal Oversight. The first report of the series, Board Composition and Compensation, offers a summary of key findings on foundation policies regarding board compensation and board diversity. The report also provides detailed breakdowns of survey data by foundation type and asset size.
Fiscal Oversight covers the use of independent auditors, the fiscal responsibilities of board committees, and the impact of audit results. The study also provides data on conflict of interest policies, directors and officers liability insurance, and board discretionary giving and matching gifts.
Foundation CEOs and trustees share insights and personal stories related to significant paths of change and how they overcame setbacks. Download a copy and gain best practices to help you successfully lead your foundation, boards and staff.
The Principles were created by representatives of more than 40 charitable sector organizations including the Council on Foundations (the working group coordinator), Independent Sector, InterAction and Grantmakers Without Borders, as an alternative to the U.S. Treasury Department's Voluntary Anti-Terrorist Guidelines.