Legal Responsibilities of Nonprofit Boards, Second Edition

[From the publisher]

Board members have a fiduciary duty over the organization and its resources. In this book, we provide a preliminary understanding of the nonprofit legal landscape delivered in easy-to-understand terms. We also discuss the concept of fiduciary responsibility, summarize strategies for protecting board members from personal liability, and outline the policies and procedures that, increasingly, are becoming best practices within the sector. The appendix includes several samples of recommended board policies and a glossary of legal terms and concepts.