Michael Klausner

Failing to Govern?

By Michael Klausner & Jonathan Small

The disconnect between theory and reality in nonprofit boards, and how to fix it.

Money Talk

By John Healy, Paul Brest, Robert Joss, & Michael Klausner

Top foundation leaders reveal how they set payout rates, executive salaries, and trustee compensation.

Business

When Time Isn’t Money

By Michael Klausner

Some argue that foundations should distribute at a faster rate because of the 'time value of money.' Their numbers are wrong. A cash flow discounting approach is not applicable to foundations.