Financial Management

From budgeting, accounting and investment practices, audits, and managing external consultants, there is a broad range of skills for foundation executives and board members to understand. The Council maintains a wide range of financial management resources to help you follow good governance procedures and ensure thorough oversight.

In-Depth knowledge on Financial Management

The 2016 Administrative and Program Expense Tables provide foundations with tools to benchmark their expenses – charitable administrative, program service, and qualifying distributions – against peers in the field. Containing data collected through the Council’s 2016 Grantmaker Salary and Benefits Survey, this report offers detailed breakdowns of the data by grantmaker type, staff size, geographic location, and asset group (note – this report does not examine fees associated with fund administration at community foundations).

This white paper outlines best practices with proven results that foundations can use to find and create a diverse and inclusive staff and investment advisory team. Readers will learn how to make the business case for more diverse and equitable strategies and link success in this area with investment results.

Community foundation administrative fee structures and frequently asked questions about administrative fees for funds.

The Council's Board of Directors released this guidance memorandum in March 2010 and strongly recommends that when reviewing and approving foundation investment policies and procedures practices, all foundations—private and public—consider these best practices in foundation investment management.

The 2014 Salary Tables provide aggregate information on staff salaries among U.S. foundations and corporate giving programs. The tables compile data on nearly 9,500 full-time employees from across the country, and include information by type of foundation and region. Mean, median, range, 25th, and 75th percentiles are provided.