Diversifying Perspectives and Sharing Power at a Family Foundation
It’s no secret that family foundations must navigate family dynamics. But while it may seem counterintuitive, opening up governance structures and decision-making processes to non-family members can actually make it easier to do so. Barr Foundation’s Jim Canales and Barbara Hostetter talked about their own experiences with sharing governance power in an earlier piece in this series. Here’s how it has worked for us at the Nathan Cummings Foundation.
Read more via SSIR.org.