The foundation boards we typically work with oversee small- to medium-sized private family foundations. Board members may be tax or legal professionals, but are not investment professionals. Board members often span multiple generations within the family. Because they often have no, or limited paid staff, the board is responsible for the strategic direction of the foundation and many of its day to day operations.

Our foundation clients are dedicated to maximizing their foundation’s community impact. They strive to preserve, if not expand, the foundation’s assets so that the foundation can have an even greater impact in the future.

The foundation plays an important role in the culture of the family and the personal development of its members. As such, the multi-generational sustainability of the foundation is critical. Operational efficiency is essential.

However, widespread and diverse community needs, inter-personal family dynamics, and the complexity of a private foundation’s operations create a number of distinct challenges for board members.