Foundations’ boards can delegate some authority to specialised committees. The need for committees is linked with the scope of a foundation’s operations. For example, large boards or boards that rarely meet may decide to appoint an executive committee with authority to make major decisions between regular board meetings and to oversee top management. As a foundation grows in size, an investment committee may be necessary in order to provide adequate monitoring of the foundation’s financial health.

Some other committees can be created such as an audit committee to oversee the accounting and financial processes or a grant committee that decides on the allocation of grant funding. In some cases, a governance or supervisory committee could also be created for overseeing the work of the board, developing standards and criteria for the operation of the board, board committees, and individual members.

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