Board leadership is critical to any foundation’s ability to achieve its mission with excellence and fidelity. But how do you determine who should be on your board? What policies and procedures should be in place to ensure legal and fiduciary requirements are covered? What practices should be avoided?
Attend Philanthropy Southwest's webinar Board Governance: Best & Emerging Practices with Frank Merrick on March 19 from 11:00 am - 12:00 pm CT / 10:00 am - 11:00 am MT.
In this webinar, Frank Merrick, president of Foundation Management, vice president of the Merrick Foundation, and president of Ward S. Merrick, Inc. will provide an overview of best practices for foundation board governance and accountability. Specific topics will include governance policies and procedures, conflicts of interest, risk management, and legal and fiduciary requirements of governing boards. In addition, the webinar will explore how to build a board looking at the strengths and weaknesses of current members, as well as the needs of the organization.
There will be a Q&A section at the end of the webinar, so please submit your questions in advance to firstname.lastname@example.org. Register here.
About Frank Merrick:
Frank W. Merrick enjoys many roles and they all help him serve others. He is president of Foundation Management, vice president of the Merrick Foundation, and president of Ward S. Merrick, Inc., where he manages all aspects related to oil, gas, real estate and venture capital investments.
The Merrick family’s history is deeply rooted in philanthropic efforts and civic entrepreneurship. In 1948, Frank’s grandfather, Ward S. Merrick, established the Merrick Foundation as a memorial to his father F.W. Merrick. Its mission is to enhance the quality of life and the health of fellow Oklahomans.
Through Foundation Management, Frank and his staff streamline operations for private family foundations and operate the Communities Foundation of Oklahoma. These foundations have more than $500 million in assets, managed by money managers of each board’s choosing. Foundation Management services include administrative tasks such as accounting, processing grant applications and coordinating board meetings, facilitating strategic planning sessions, and many other operational tasks that can sometimes take the fun out of giving.
Frank served as past board chair of the Memorial Hospital of Southern OK, the Ardmore Development Authority, and the Oklahoma City Museum of Art. He founded the Homeless Alliance in Oklahoma City and continues to serve on its board. He serves on the board of the Palomar Oklahoma City Family Justice Center and as chair of Crossings Community Clinic.
Prior to launching Foundation Management, Frank was vice president of Trust Sales for Bank of Oklahoma and vice president of development for the Oklahoma Medical Research Foundation.
Thank you to Westwood Wealth Management for their generous sponsorship of this webinar.