Duties and Responsibilities of Directors of Not-for-Profit Organizations

by WATSON Advisors Inc.

Excerpt: "Whether or not a board of directors is effective will depend on many factors, including the competency and integrity of the directors, the structure of the board and its committees, and the practices that are employed by the board to carry out its work.
The best way to reduce the potential liability of directors is to ensure that the board is carrying out its responsibilities for organizational stewardship and board stewardship, and that individual directors exercise their fiduciary duty and duty of care."

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