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?
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
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. Expect the media, regulators, general public, and even your grantees to scrutinize the decisions you make.