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Are board internships an effective tool for training the next generation? What are some examples of other family foundations that have used them, and what have their experiences been?
One tool that a growing number of family foundations are using to engage next generation board members to complement junior boards are board internship programs. The Nord Family Foundation in northeast Ohio has offered short (four to six week) internships for family members aged 18 to 25 family members who express interest in philanthropy. Interested family members travel to Ohio, where Nord Family Foundation program officers mentor them through evaluating proposals and conducting site visits.
Read the full article on family foundation boards by the National Center for Family Philanthropy.