Скачать или смотреть What Legal Liabilities Do Nonprofit Board Members Unknowingly Assume? - The Nonprofit Digest

What Legal Liabilities Do Nonprofit Board Members Unknowingly Assume? Are you involved in a nonprofit organization or considering serving on a board? Understanding the legal responsibilities that come with this role is essential for protecting yourself and the organization. In this video, we’ll explain the key legal duties nonprofit board members are expected to uphold and how neglecting them can lead to personal liabilities. We’ll cover the main fiduciary duties such as the duty of care, duty of loyalty, and duty of obedience, and why they matter. You’ll learn what actions can put you at risk, including neglecting responsibilities, conflicts of interest, or failing to comply with laws and bylaws. We’ll also discuss how misconduct like fraud or gross negligence can result in fines or even jail time. Additionally, we’ll explain how improper record-keeping and oversight can lead to personal accountability for organizational debts. The video provides practical tips on how board members can stay compliant, including maintaining thorough records, holding regular meetings, and following governance policies. Many nonprofits also carry insurance to help cover legal costs, which we’ll touch on. Whether you're a current or prospective board member, understanding these legal obligations helps you serve confidently and responsibly. Join us to learn how to safeguard yourself and your nonprofit organization.

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About Us: Welcome to The Nonprofit Digest! Our channel is dedicated to helping you navigate the world of non-profit organizations. Whether you are seeking guidance on obtaining 501(c)(3) status, developing effective fundraising strategies, or mastering grant writing, we cover a wide range of topics to support your mission. We also focus on non-profit leadership, mission statements, volunteer management, donor relations, non-profit marketing, and financial transparency.