MFDF Releases Report Outlining the Utility of Skills Matrices for Fund Boards

On September 18, MFDF released a guidance report titled, “Creating and Using Skills Matrices: A Reference for Fund Directors.” This guide offers fund boards a framework for developing, applying, and updating skills matrices within board practices such as self-assessment and recruitment. Drawing from the expertise of fund directors who have incorporated skills matrices, this report includes common elements seen on fund board matrices, questions for consideration, and possible formatting approaches, among other guidance for each stage of the process. In the coming months, MFDF will offer a webinar on fund boards’ use of skills matrices and a virtual In Focus discussion on how small fund boards may use skills matrices as they think about their boards’ composition.

Click here to view the full "Creating and Using Skills Matrices" report.