Sep 3, 2020
Philip Purcellis the Senior Counsel for Philanthropy on behalf of The Fellowship of Catholic University Students. He also serves as Adjunct Faculty at Indiana University Lilly Family School of Philanthropy. As part of the Adjunct Faculty,Philipteaches the Law of Nonprofit Organizations and Planned Giving.
He's an Editor of Planned Giving Today and Senior Counsel at Heaton Smith Group, which is involved with legacy planning.Philipis also the Lead Counsel for the Community Foundation Legal Help Desk, which is a national service. He's the Vice-Chair of the Legislation Committee of the American Bar Association’s Charitable Group and serves as a member of the Internal Revenue Service Tax-Exempt Advisory Committee.
Many people are promoted to running foundations or being on the boards of philanthropic programs without any training or governance, which creates a governance crisis for philanthropic professionals. Given that boards of directors have a legal standard of care to manage the organization's affairs, how do you go about solving the governance problem in your not-for-profit organization?
In this episode of Philanthropy212 with Penny Cowden, Philip Purcell, Senior Counsel for Philanthropy at The Fellowship of Catholic University Students and Adjunct Faculty at Indiana University Lilly Family School of Philanthropy addresses the all-important topic of enshrining good governance in a not-for-profit organization. He discusses the distinction between a functioning board and a governance board, how to help boards understand best practices, and why ongoing board education is mission-critical.