Our governing board respects donor intent and later generations’ interests while also considering the demands of a changing world.

Our governing board respects donor intent and later generations’ interests while also considering the demands of a changing world.
Family Legacy - Principle VIII.

Ask Yourself:

What does my foundation do to honor and transmit our donor’s legacy and the foundation’s mission to future generations?

How do we interpret intent in light of the current needs of our family, community and grantees?

What steps can I or my fellow board members take to incorporate or reconcile differing funding interests?

What steps can the board take to resolve disagreements?

The above materials are for educational purposes only. They are not standard or model forms and should only be used as a reference in developing your own documents with advice from legal counsel where appropriate. Please read the full Terms of Use for more information.

Please note that these materials were collected prior to the passage of the Pension Protection Act of 2006 so do not necessarily reflect the recent changes in the law. As always, these documents should only be used as a reference in developing your own documents with advice from legal counsel where appropriate. For more information on the Pension Protection Act of 2006, see www.cof.org/hr4.

Our governing board respects donor intent and later generations’ interests while also considering the demands of a changing world. Family Legacy - Principle VIII.

Ask Yourself:

Our governing board respects donor intent and later generations’ interests while also considering the demands of a changing world.
Family Legacy - Principle VIII.