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Beware common myths, misperceptions about foundation governance rules
Publication year - 2015
Publication title -
nonprofit business advisor
Language(s) - English
Resource type - Journals
eISSN - 1949-3193
pISSN - 1531-5428
DOI - 10.1002/nba.30105
Subject(s) - foundation (evidence) , surprise , statute , law , political science , mythology , corporate governance , sociology , history , management , economics , communication , classics
With literally hundreds of pages of federal statutes and regulations governing the operations of charitable foundations, it's no surprise that even deeply knowledgeable foundation leaders occasionally buy in to false assumptions regarding the law. Unfortunately, common misperceptions abound—often passed on from peer to peer—many of which could get foundation executives in legal hot water, according to Daniel N. Belin, founder of Belin Consulting, which specializes in providing advice and assistance to charitable foundations.