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Family Philanthropy Beyond Borders: Best Practices for Family Foundations with Geographically Dispersed Board Members 2011
This study investigated how family foundations manage governance, decision making, and, especially, daily work activities when the number of local board members diminishes. In most foundations interviewed, either all or a high proportion of board members do not live in the region where the foundation is headquartered. In many of the foundations, the majority of grant funds are directed to organizations located in regions other than where board members live.
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Copyright Center on Philanthropy at Indiana University 2011