Category archive: Fiduicary

On a Not-for-Profit Board? Don’t Forget Your Fiduciary Duty

Board members of not-for-profit corporations are usually volunteers who offer their time and expertise to serve organizations they feel strongly about. Many times, however, board members either forget or don’t even realize they are in a fiduciary relationship with the not-for-profit they serve. According to Black’s Law Dictionary, a fiduciary relationship is a “relationship in…

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