Board Governance
Failing to Govern?
The disconnect between theory and reality in nonprofit boards, and how to fix it.
Michael Klausner
Foundations
Money Talk
Top foundation leaders reveal how they set payout rates, executive salaries, and trustee compensation.
Business
When Time Isn’t Money
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.