A board member’s job includes staying focused on the big picture. Serving on the board of a philanthropic foundation isn’t just about approving grants. It’s about being a good steward of resources and sharing responsibility for the foundation’s impact. Too often the focus tends to be on board meeting preparation and the efficiency of these […]
6 Questions A Foundation Board Should Ask Its CEO Read More »
Many quip that once you work for or serve on a foundation board, you never have to pay for lunch and everyone laughs at your jokes. While this observation is amusing, it is true that a very real power dynamic that exists between a foundation and the nonprofit community it serves. Nowhere is this power
Don’t Let It Go To Your Head – A Caution for Board Members Read More »
The sale of a nonprofit hospital or health plan to a for-profit company can yield a great deal of change for a community, including the creation of a new, independent foundation created from the proceeds of the sale. In many cases, these new entities represent a significant new source of community wealth – and where
Similar and Different: 5 Key Shifts from Hospital Board to Private Foundation Board Read More »