The Principle
Our governing board respects donor intent and later generations’ interests while also considering the demands of a changing world.
Underlying Rationale
Balancing the good intentions of the foundation’s founder and later generations isn’t easy. Successors should preserve the founder’s vision while crafting a philanthropic focus that is meaningful and engaging for the current board. A third element—current needs—also must be factored into foundation decisionmaking. Respect donor intent and later generations’ interests while also considering the demands of a changing world.
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