Why is this checklist so critical? One of the key roles of the board of a community foundation relates to their fiduciary responsibility, which is the duty to exercise reasonable care when he or she makes a decision as a steward of the organization. One of their roles as stewards is to reduce risks and…
Risk comes from not knowing what you`re doing. Risk is like fire: if controlled, it will help you; if uncontrolled, it will rise up and destroy you.
Facilitation skills can and should be a key component of any funder’s toolbox. From board meetings, to conversations with grantees, to meetings with fellow funders, well-facilitated meetings can mean the difference between productivity and frustration. Luckily, good facilitators are made, not born.
Choosing a way to take care of business is an important decision for your foundation, and one to revisit from time to time as your foundation evolves. Small foundations use volunteers, consultants, paid staff — and, quite often, a combination of the three. Which arrangement is right for your foundation right now?
A number of you have called CFC over the years asking a variety of questions about Directors and Officers Liability insurance: Should we have it? If so, how much coverage should we have? Is there a “group plan” available for CFC members? And what kind of D&O coverage do other CFC members have? This document…
With the increasing complexity of regulations, demand for accountability, and sophistication of donors and gifting vehicles, community foundations must not only be professional in their approaches to all of their work but also ready and able to handle any situations that arise. In fact, many people would agree that the Board’s most important responsibility is…
This template is provided as a tool for community foundations to develop policies on all matters related to conditions of employment. There are parts of this policy which also apply to volunteers and individuals working on contract.
Board members are the heart of a foundation, and continuing to provide education and development opportunities is critical for boards to thrive and grow. Healthy boards find ways to stay curious, fuel their passions, pursue new knowledge, and refine foundation strategies and governance.
Now you are on the board of a Community Foundation and exploring the investment policy mandate and direction. This session explores: Understanding the differences between “types” of investment managers and how to select them; Set it and forget it: the crucial role of an investment policy in surviving turbulent markets; When and ways to evaluate…