How many members typically sit on the board of an institutionally related foundation?
A 2010 AGB survey revealed that institutionally related foundation boards have an average of 29 voting members. Foundations with endowments of over $100 million average more voting board members (34) than foundations with assets of less than $100 million (26). Foundations that are wholly independent from their institutions average more board members (32) than foundations that have some level of dependence (27). Boards of foundations serving four-year institutions average more board members (30) than do foundations serving two-year institutions (24).
Policies, Practices, and Composition of Institutionally Related Foundation Boards, 2011. Washington, DC: Association of Governing Boards of Universities and Colleges, 2011. 25 pages.