The NCFP Guide to Understanding Governance Models

Choosing the right governance model can help families make thoughtful decisions about who is involved in their philanthropy, how decisions are made, and where control rests. This guide explores the factors families can consider when designing or refining a governance structure that supports their purpose, values, and philanthropic goals.

Donors and advisors can explore four common governance models, understand the benefits and considerations of each approach, and use practical questions to determine which model may best support the family’s philanthropy now and as it evolves over time.