Improving Communication and Interaction in Family Foundations
CLIENT ADVISORY
Summary: Are family dynamics getting in the way of board work? Do long-standing patterns of interaction hinder decision-making? Do you wish to avoid potential difficulties in the future if your family foundation is adding new members to its board?
At a recent workshop conducted by Mary Phillips, president of GMA Foundations, these questions were addressed, and in this client advisory, we offer the following advice on how to achieve good communication and healthy interaction – the keys to successful governance. We suggest proactive solutions that inspire purposeful interaction at board meetings and discuss interventions that can be applied in problem situations. Continue Reading »
Summary: Can foundation trustees be compensated for their service? If they follow legal guidelines, yes. But should they be compensated? The question is a provocative one with conflicting responses, with the more vocal and strongly opinionated side saying no. If managed properly, reasonable trustee compensation may be warranted and can stand up to public and IRS scrutiny. But if your foundation pays trustee fees or is contemplating doing so, here are some things you should think about. 
Summary: The United States Census is a count of all people in the country that the Constitution mandates be conducted every ten years. The 2010 census represents a key opportunity for philanthropies to leverage their funding through collaborations with nonprofit grantees and government and to make an impact on vital issues such as education, transportation, health and human services in their region.