Strategic Planning and Governance

The board sets the goals and governs the activities of the foundation. LKM helps foundations create and structure effective boards. During the formation process, we help craft Articles of Incorporation and Applications for Exemption that best reflect the foundation’s mission while maintaing flexibility to respond to changing priorities or future generations’ interests.

Formation and Facilitation of an Effective Board

Assisting to determine the best size and composition of the board, setting policies about terms, criteria for membership and family representation, and, if needed, developing a succession plan.

By-Law Development

LKM works with the foundation's attorney to create by-laws that reflect the client's desires about its governance structure and operating procedures.

Board Training and Development

Implementing strategies for involving younger family members in the activities of the foundation, training of younger family members and new board members to develop their philanthropic portfolios and become fully productive members of the board.

Goal Setting

Crafting the foundation's mission statement to articulate the goals of the foundation and provide an strategic direction to its work. Creation of the statement is not a one-time event, but is an essential part of the ongoing exercise of the board's policy role governing finances, programs, and oversight.

Strategic Planning

Working with the board to create a strategic plan that articulates the values and vision of the foundation and defines its philanthropic priorities and focus.

Liaison with Policy and Cause Consultants

Increasing the foundation’s access to information and experts to help with policy formulation, analysis of issues and development of effective funding strategies.


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