New research into the Governance and Financial Management of endowed charitable foundations
A new report into the governance and financial management of endowed charitable foundations - charities that fund their activities mostly from investments - finds that foundations are thinking independently and creatively in today's tough climate, but suggests that tackling common misconceptions could enable them to do even better.
This report published by the Association of Charitable Foundations (ACF) is the first research of its kind into this sector. It examines the common principles for the management of charitable foundations and, through interviews and case studies, shows the ways different organisations have implemented them to get the best value for their charitable aims.
The research was sponsored by Esmée Fairbairn Foundation, The Joseph Rowntree Charitable Trust, The Nuffield Foundation, Paul Hamlyn Foundation, Trinity College Cambridge, and Trust for London. Published on 17 April 2012 and costing £25, the 60 page report is free to download to ACF members or available here as a download from the organisations' websites.