Annual Letter From the Board to the Family Council

By NACD Staff


Sample Family-Owned Company

In brief: Originally appearing in The Family Business Board Volume 2: Governance for Agility and Growth, this sample letter serves as a template for communication between a board and a family council.

This resource can help your board

  • Communicate with the family council

  • Describe the board’s current focus areas

  • Ask the family council to consider whether or not to continue as a family-owned company

Most relevant audiences: directors on family business boards

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