Institutionally related foundations are an important partner to all institutions of public higher education. As public colleges, universities, and systems respond to a shifting landscape, related foundations have become increasingly important to their financial sustainability, commitment to academic access and educational excellence, and institutional integrity. "Effective Foundation Boards" is designed to meet a new standard of board engagement. As a complement to "Effective Governing Boards" (a central resource for institutional governing bodies), it offers a set of governance standards that speaks to the unique role that institutionally related foundations play in public institutions.