July 27, 2004

For Immediate Release

THE CENTER FOR EFFECTIVE PHILANTHROPY, BOARDSOURCE, AND GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS JOIN IN PARTNERSHIP FOR A LANDMARK STUDY ON EFFECTIVE FOUNDATION GOVERNANCE

CAMBRIDGE, MA… The Center for Effective Philanthropy, BoardSource and Grantmakers for Effective Organizations have joined in partnership to launch Phase II of CEP's Foundation Governance Project, the largest scale study to focus on foundation trustees. The project is being undertaken under the leadership of Sarah Di Troia, CEP's Associate Director.

"Together, we will have far greater insight into and influence on improving the effectiveness of foundation governance than our organizations could have working alone," said Phil Buchanan, Executive Director of the Center for Effective Philanthropy.

The Phase I report - Foundation Governance: The CEO Viewpoint - revealed that boards rated as more effective were estimated by CEOs to meet more frequently, spend more time outside of meetings on foundation business, and be substantially more engaged in a variety of key activities, such as performance assessment.

The Phase II study - Foundation Governance: The Trustee Viewpoint - will investigate perceptions of effective governance and trustee engagement and motivation. Thus far, thirty-three foundations have committed to participating in the project representing 390 trustees. "This is a unique opportunity to hear the perspective of trustees on foundation governance and learn how to best engage them," said Deborah S. Hechinger, President and CEO of BoardSource.

The study includes surveys and interviews of trustees as well as board material reviews and board observations. "Given the important role that foundation boards play in organizational performance, we are eager to learn more about foundation board practices and trustee perceptions," said Kathleen P. Enright Executive Director of Grantmakers for Effective Organizations. "The findings will inform all of our efforts to strengthen philanthropy's effectiveness."

The Foundation Governance Project is generously supported by an anonymous foundation donor, Lumina Foundation for Education, The David and Lucile Packard Foundation, Carnegie Corporation of New York, The Ewing Marion Kauffman Foundation, Charles and Helen Schwab Foundation, and Charles Stewart Mott Foundation.


ABOUT THE CENTER FOR EFFECTIVE PHILANTHROPY

The Center for Effective Philanthropy is a nonprofit research and educational organization whose mission is to provide foundation executives and trustees the management and governance tools to define, assess, and improve overall foundation performance.

Major grant funders of CEP include: The Atlantic Philanthropies, William and Flora Hewlett Foundation, The David and Lucile Packard Foundation, Surdna Foundation, Rockefeller Brothers Fund, John D. and Catherine T. MacArthur Foundation, Charles Stewart Mott Foundation, and Charles and Helen Schwab Foundation. CEP is also funded through earned revenue from its seminars and management tools.

To obtain a copy of Foundation Governance: The CEO Viewpoint, please click here.

ABOUT BOARDSOURCE

BoardSource, formerly the National Center for Nonprofit Boards, is dedicated to increasing the effectiveness of nonprofit organizations by strengthening boards of directors. Through programs and services, BoardSource provides solutions and tools to improve board performance, acts as a convener and facilitator in the development of knowledge about boards, promotes changes and innovation to strengthen governance, and serves as an advocate for the value of board service and the importance of effective governance. BoardSource is a 501c(3) nonprofit organization. For more information, visit www.BoardSource.org or call 800.883.6262.

ABOUT GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS

Grantmakers for Effective Organizations is a community of grantmakers dedicated to building strong and effective organizations. GEO’s mission is to maximize philanthropy’s impact by advancing the effectiveness of grantmakers and their grantees. Through research, conferences, its Web site, publications and other activities, GEO highlights knowledge and practices in the field that advance the organizational effectiveness movement. More information about GEO and a host of resources and links for funders are available at www.geofunders.org.


FOR MORE INFORMATION, CONTACT

Sarah DiTroia, Associate Director, at (617) 492-0800 x212 or
sarahd@effectivephilanthropy.org

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