How to Be an Effective Board Member for a Charity

Care enough about the charities you serve to think differently about the investment time horizon involved. Unlike your own portfolio, a foundation is a perpetual proposition.

A man attends a meeting in a boardroom.
(Image credit: Getty Images)

Prosperous families are often personally involved in the communities where they live. In addition to charitable giving, “giving back” to one’s community is often viewed as a responsibility by families who enjoy financial success. Family members may be asked to serve on local boards of directors for charities and foundations that serve others, funding the arts, religious, health or education needs, and enhancing life locally, nationally or even internationally.

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Joey Sager, IAR
Managing Director, Venturi Private Wealth

Joey Sager, managing director at Venturi Private Wealth, has been a financial adviser for over 35 years. His love for serving others has made this a good career fit and has also led to helping the less fortunate  both at home and abroad to develop sustainable, income-producing businesses to lift themselves and their communities out of poverty. He and his wife are both pilots and musicians raising two beloved children while staying active in their community.