Preamble

In our fundamental charge as stewards of resources dedicated to the public benefit, we uphold the legal obligations and fidelity to the purposes for which our philanthropic instruments were founded. Philanthropy plays a special role in advancing the greater social good, and those who practice it hold a unique public trust to manage philanthropic resources wisely. We recognize that this position of public trust grants us many privileges and also comes with significant ethical obligations and responsibilities. We understand that public trust in the performance of our work is the bedrock of our legitimacy. We work to strengthen the field of philanthropy and increase its effectiveness for the well being of the broader community.

Purpose

The principles are designed to promote greater awareness and stimulate vibrant, healthy discourse among NCG members about good governance and practice. It is written in the spirit of helping grantmakers better understand their strengths and limitations while boosting operations and overall performance. The principles and practices both reinforce legal requirements and reflect our aspirations toward higher ethical standards of good governance, effectiveness and the assurance of the use of private money for the public good. They reflect our dedication to strengthening the field of philanthropy and increasing its effectiveness for the benefit of the community at large. They are grounded in several common values including integrity, trust, honesty, openness, fairness, humility and responsibility.

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purpose

transparency

stewardship

responsible governance

accountability

respect

diversity

equity