If you are interested in setting up a foundation from scratch, here are some issues you should consider:
What is the purpose of the foundation?
What activities should the foundation undertake to fulfil its objectives?
What issues should the foundation focus on?
What should I name my foundation?
Does the foundation require dedicated staff and how do we choose our trustees?
Collective grant-making
A group of executives wanted to set up a collective charitable grant-making vehicle for their industry. NPC helped them clarify their thinking on which areas the foundation should initially focus on, and worked with lawyers and other service providers to get the foundation established and basic processes operational.