With more than 1.5 million registered, tax-exempt organizations in the U.S., it’s likely that many times that number of Americans currently serve on nonprofit boards. Board service involves a commitment of time, attention, enthusiasm, and in many cases, a personal financial contribution. When you serve on a board you’re likely to make new friends and professional connections, and gain an insider’s view of the organization’s programs and services. With so many positive aspects of board service, what are the downside risks?
Liability and the Board: What Governing Teams Need to Know
Board Governance