Posts tagged ‘philanthropy decision making’
March 11th, 2012
Rahim Kanani, Contributor
3/09/2012 @ 4:03PM
Philanthropy Expert Richard Marker on What Every Donor Needs to Know
In a recent interview with Richard Marker of NYU’s Academy for Grantmaking and Funder Education, we discussed lessons that every funder must internalize, challenges and opportunities facing today’s donor community, and much more.
Richard Marker is co-principal of Wise Philanthropy™, a firm that includes: Marker Goldsmith Philanthropy Advisors, The Wise Philanthropy Institute, and Green Strides Consulting.
Richard Marker, an internationally known expert on philanthropy is the Founder of NYU’s Academy for Grantmaking and Funder Education. The Academy is the oldest and most comprehensive university program teaching funders and philanthropists in the United States. In February 2007, he was recognized with the NYU Excellence in Teaching Award.
May 31st, 2010
Sometimes even the philanthropy professor is in a quandary. By coincidence, I recently received 2 almost identical inquiries – about the propriety of one funder sitting on the board of another foundation.
Most of us have an understanding of and even policies about the potential conflicts of interest when a funder sits on the board of a potential recipient organization or if a leader of a potential recipient organization sits on the board of a foundation. While the field is far from unanimous about these questions, there are some useful parameters to frame foundation policies. [I deal with this question in some depth in my NYU courses, and if there is interest, I would be happy to share some thoughts on this question in a future posting.]
However, the question at hand is if there is any conflict of interest issue if a board member or staff of one foundation sits on the board of another foundation. I am aware of a few examples of this, but it is far from the norm. And I have never seen any conflict of interest policy which addresses this question [although, of course, there may be some.] Read more