Sample Board of Directors Election and Retention Policy
Foundation board members accept the responsibility to guide foundations wisely and with care, to give their time and attention to ensuring that the foundation is operated for public benefit, and to make certain that legal, ethical and fiduciary standards are met.
The Council's board and governance resources are designed to provide the tools and knowledge essential to understanding the governance of foundations.
In-Depth knowledge on Boards & Governance
Sabbaticals are not too uncommon in the nonprofit world for foundation executives or senior management. It can be a useful time to reflect on past accomplishments, revitalize, and gain renewed inspiration for future work.
It is important to develop-and stick to-clear foundation policies on expenses.
What do you do when a grantee—or potential grantee—asks someone on your board or staff to sit on their board? Does such a request constitute a conflict of interest?
Always a controversial topic, the issue of whether to pay foundation board members is likely to get even more attention. The precipitous decline in foundation assets has everyone trying to make the most effective use of their resources.
The Council receives numerous inquiries each year about the amount of compensation paid to directors or trustees (members of the governing board) of foundations.
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.