Published by the Family Foundation Advisor, this article by Renee Sovis and Mark Neithercut is a helpful guide for the what, why, and how of successful site visits. Also included in this addition is an accompanying article of Nine Site Visit Case Studies.
Published by the Traverse City Business News in December 2020, Mark Neithercut explored the ramifications of COVID-19 on the nonprofit sector nine months into the pandemic.
Regardless of whether you regularly contribute to charity, it is useful to be aware of the unique charitable giving tax benefits available to entrepreneurs. Even the most knowledgeable, charitably-minded individual may not be aware of all of these opportunities. This article shares those opportunities.
Mission statements are a fundamentally important building block of a family foundation’s strategic framework and deserve more attention. Further, the process of developing a family foundation mission statement must be dramatically different than the process used for other foundations or nonprofit organizations. Many techniques are available to develop a mission statement, and a board of directors should consider the benefits of each process before engaging in this fundamentally important exercise. This article published by Family Foundation Advisor addresses how a good mission statement can help preserve the legacy and vision of a founding philanthropist, and suggests some options for how family foundations can develop better mission statements.
Featured in Crain’s, Mark Neithercut warns of the downfalls of restricted giving to nonprofits.
Mark Neithercut makes a case for sunset dates, particularly at small family foundations that award less than $50,000 in grants each year.
In Crain’s annual philanthropy issue, Mark Neithercut reminds donors and nonprofits alike about the importance of mission.
Partnering for Success: How Family Foundations Benefit from Relationships with Community Foundations
This article explores the ways family foundations and community foundations can work together for the greater benefit of all.
This article reviews the sunset-vs.-perpetuity issue and considers the potential benefits of a sunset date, with the special considerations of small family foundations in mind.
NPA Brochures and Handouts
Case studies help describe our process for arriving at thoughtful and impactful decisions. Each of these six describe different but common scenarios we’ve encountered in our work.
You’ve been successful in life and want to pass that good fortune on to others. We want to help you bring clarity and structure to your charitable efforts, because giving is most effective when it’s driven by a focus on values and outcomes. This brochure outlines our services for individual donors.
Engaging the next generation in philanthropy can be a bonding and rewarding experience when done well, but successful families often struggle to get their children involved in the process of giving. This guide outlines five essential rules to consider.
How do you know if your family foundation is ready to be operational? We have assisted both very well-managed foundations and those that were in need of greater direction. We have found that many problems faced by older foundations could have been solved at the time of their launch. This checklist is a great place to start.
This document describes what we do and what we believe here at Neithercut Philanthropy Advisors. Learn how our services can help you achieve excellence and gain fulfillment from your charitable endeavors.
It seems everyone wants a foundation these days – at least many people do. So, what are the common misconceptions about family foundations? The Council on Foundations recently published an infographic we prepared on its blog, Re: Philanthropy. The infographic explains the six common misconceptions concerning family foundations.
Family foundations often struggle with issues that might have been avoided if they had considered these challenges earlier in the foundation’s planning and launch process. This guide is desiged to prompt founders and their advisors to consider the important strategic issues, such as succession and mission, which can derail foundations many years later.
Mission – the essential purpose of a foundation – has been largely ignored in strategic planning efforts. In this piece, we will argue that mission drives strategy and that a foundation should be sure its mission is clear before engaging in lengthy efforts to develop strategy.