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Why does the Kellogg Foundation compensate its Board at the level that it does ($18,000 a year plus compensation for site visits, etc.)?

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Why does the Kellogg Foundation compensate its Board at the level that it does ($18,000 a year plus compensation for site visits, etc.)?

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A couple of factors distinguish the W.K. Kellogg Foundation’s reimbursement of its Board. First, the Board meets monthly in Battle Creek. Unlike other boards, they stay actively engaged in the work that we do. Additionally, the Board is committed to the Foundation’s work. Its members are actively involved in committees that look at a range of policy issues, including everything from compensation to audit concerns. To ensure that it understands grantee needs, the Board also attends seminars and makes site visits. During their visit to projects, Board members get a first-hand look at the projects and programs that the Foundation is supporting. And, they also are extensively briefed about the issues being addressed. We think this level of engagement makes for a strong and informed Board. Board members are compensated for this additional investment of time, as reflected in the numbers that appear in our 990. When numbers are broken apart and pro-rated — that is, what is spent versus the n

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