Boards & Governance
Board members play a critical role in directing the strategic direction of foundations. The Council's board and governance resources will help board members become more effective by providing key tools and guidance essential to understanding the governance of foundations.
In-Depth knowledge on Boards & Governance
Al Castle is a family trustee of the Samuel N. and Mary Castle Foundation in Honolulu. After serving on the board for several years, he was hired as the first executive director of the foundation by his fellow board members. He also continues to serve as a trustee. In this position paper, he discusses various management options for family foundations, and specifically, the management option that was right for his own-family staffing.
For incorporating the next generation onto family foundation boards.
Examines the challenges of preparing the next generation for leadership in the family foundation.
This board briefing will help your board consider three main questions: what are the advantages and limitations of CEOs on boards? If the CEO is on the board, should he or she have full voting rights? How do your colleagues approach this decision?
Includes job descriptions for President/Chair of the Board, Vice President of the Board, Secretary of the Board, and Treasurer of the Board
With so many variables at work, is there an ideal size for foundation boards? Although board size varies significantly among different foundation types, this article speaks generally to all foundation boards—community, family, independent, public and corporate.
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Board Compensation
The basic legalities of board compensation, a sampling of the most common practices and a breakdown of the pros of both compensated and voluntary board service