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Board Responsibilities:
The Basics (19.95 value)
This article outlines in clear detail the legal and ethical duties of the nonprofit board. “The key to avoiding failure,” the author explains, “is the way the organization is managed. And at the very top of the management pyramid is the board of directors.”
Topics covered:
- Board Members and Conflicts of Interest, Nonindependence, and Self-Dealing
- Dealing with Possible Conflicts of Interest
- The Risk of Self-Dealing
- Dealing with Nonindependence
- Standards at the Root of All Trustee Actions
- Excessive Economic Transactions and Due Diligence
- Economic Transactions and the Trustees
- Duty of Organizations to Trustees and Their Rights
- Liability of Trustees
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