Customized board training
Recommendations for board reference guide
Foundation governance guidance
Gifting strategy planning
The leadership of a religious-based foundation contacted SVA to provide training to assist their board members in understanding each person’s role and responsibilities. Since this volunteer board was made up of people with varied backgrounds and expertise, the board members “didn’t know what they didn’t know.”
Their overall goal was to provide alignment within the board regarding governance roles, as well as ensuring the foundation met all legal and tax reporting requirements. As foundation board members, the group wanted to be proactive to ensure they became the most effective and responsible board supporting new ideas and strategies for building their endowment.
SVA customized a two-hour interactive training session where the foundation’s board of directors joined together in understanding the roles and responsibilities of current and future board members.
The training provided overall background information as well as opportunities for discussion related to the foundation’s specific needs on the following topics:
Six months after completion of the training, the foundation is excited to share their accomplishments.
Based on SVA’s recommendations, the board has updated the website to include an expanded focus explaining gifting strategies to the foundation. Visibility of the work of the foundation has increased through articles in the newsletter, a presentation to the seniors’ group, and a special foundation focus on All Saints Sunday.
"After participating in the educational session, we have received excellent support from SVA to clarify and advise on questions that have come up since the training.” reports the foundation’s leadership.