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January/February 2005
Volume 46, Number 1

Final Issue: Volume 47 Number 4
Foundation News & Commentary - January/February 2005

Commentary
Standing at the Crossroads
by Emmett D. Carson
Community foundations are at the juncture where they must decide between being a field or a movement.

From the President
New Beginnings
by Dorothy S. Ridings
2005 marks a new year for continued foundation housekeeping and telling the true story of philanthropy to all who will listen.

Feature
Here and Now or Forevermore?
by Vincent Stehle
Before a family can identify a prudent investment policy for its foundation, it must first address the question of existing in perpetuity or spending out.

Excerpt
Delineate Donor Intent
by Elaine Gast
A sample letter of donor intent from the Council on Foundations’ Facing Forever: Planning for Change in Family Foundations.

Feature
Family and Corporate Grantmakers Define Common Ground
by Kathleen Odne and Christine Park
This exercise in collaboration unearthed more commonalities than differences on its quest to develop principles and best practices.

Philanthropy in Action
Where the Money is: Tapping Overlooked Sources of Support for Nonprofits
by Lee Draper
Individual giving is a support sector with enormous growth potential that grantmakers can help stimulate.

From the Council
New Year, New Plan, New Directions
by Robin S. Tryloff
The Council on Foundations is kicking off 2005 with a new strategic plan and framework for leadership in the sector.

Feature
The Philanthropic Power of Sports
by Andrea Kott
The Sports Philanthropy Project is helping athletes and team foundations help communities all over America.

Legal Brief
Conflicts of Interest, Part IV
by Jane C. Nober and Andras Kosaras
The revised Form 1023 and accompanying instructions merit grantmakers’ attention. Here’s why.

The Boardroom
Board Briefing: CEOs on the Board
by Elaine Gast and Ellen Bryson
What are the advantages and limitations of CEOs on boards? Should they have full voting rights if they’re on the board? And how do colleagues approach this situation?

Commentary
Nixing Neutrality
by Thomas Peters
The Marin Community Foundation is extending its non-discrimination policy to its donor-advised grantmaking.

Excerpt
Principles of Good Disaster Grantmaking
by Council on Foundations and European Foundation Centre
A year-long study by the Council on Foundations and the European Foundation Centre has produced these eight principles to help ensure effective and strategic disaster relief grantmaking.

Feature
Generosity & Integrity: Values for Leadership in Philanthropy
by Paula J. Kelly
Generosity and integrity are values that unite and sustain grantmakers. Learn more about upcoming opportunities for conversation and action through Council on Foundations programs.

Spotlight
Russell Investment Group
by Heather Peeler
Russell manages more than $7.3 billion in assets for nonprofit and foundation clients, helping them to link their spending goals with their investment goals.


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The Council on Foundations is a membership organization that serves the public good by promoting and enhancing responsible and effective philanthropy. Foundation News & Commentary embodies and promotes the goals of the Council on Foundations, serving as a vehicle for information, ideas, analysis and commentary relevant to effective grantmaking. It seeks to enhance understanding of organized philanthropy by grantseekers, policymakers, opinion leaders and the society at large, but it is directed primarily toward the trustees and staff of donor organizations.