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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? Are there times when such a situation can actually benefit one or both of the organizations involved?
Let’s look at some of the…
With Congress and the media focusing on corporate governance and foundation administration, now is the time to make sure that all grantmakers have a strong conflict of interest policy in place. Both private foundations and public charities (such as community foundations) should have clear…
Editable conflict of interest policies for staff and board members.
This sample document is being provided for informational purposes and is not to be shared without the permission of the Council on Foundations. Use of the sample document does not create an attorney-client relationship, and the…
Ordinarily, established private foundations and public charity grantmakers would ignore the IRS's revision of Form 1023, Application for Recognition of Exemption from Federal Income Tax. After all, these groups have already received their determination letters. But the revised Form 1023 and the…
Sample conflict of interest policies from the Community Foundation of Switzerland County and Triangle Community Foundation.
Throughout the lead up to adoption of the goals, many organizations have been working with private sector partners to establish frameworks for engagement by corporate philanthropy with the Sustainable Development Goals (SDGs). A leading coalition in this effort is Impact2030, a global private…
This article focuses on conflicts of interest around foundation investments. May foundation board members (or other closely affiliated individuals or businesses) manage foundation investments? May they be paid for this service? What factors should foundation managers consider before they select an…
On September 25, 2015, 193 countries formally adopted the Sustainable Development Goals (SDGs) at the United Nations. The Council’s president at that time, Vikki Spruill, published an op-ed in the Chronicle of Philanthropy urging philanthropic organizations to partner with others to help…
Bonus module 16 on Sustainable Development Goals (SDGs) is included in the CFExpressTraining.com - an online express training for board members, staff, and volunteers of community foundations of any size anywhere in America. Courtesy of C. S. Mott Foundation, all community…
In 2020, the Mott Foundation commissioned philanthropic researcher, Dr. Larry McGill, to examine how U.S. community foundations can use the Sustainable Development Goals (SDGs) to lead local revitalization efforts, advance racial equity and recover from the complex effects of the pandemic. The…