Скачать или смотреть Nonprofit Webinar | Creation and Management of Endowments – The Legal Side

Course Description:
This session is designed primarily for nonprofit Board members, although members of Senior Management are welcome as well in the spirit of both groups working from the same playbook! After this session, Board members will clarify their roles as members of a Board with respect to their fiduciary responsibilities to the charity and how that overlaps with an endowment fund/restricted gift, have an appreciation for a Board member’s potential liability and how to manage it, and walk away with some practical legal best practices about how to better work with donors, other Board members, and management as a team to elevate their organization.

Learning Objectives:

Discuss the role of a Board member and a Board member’s fiduciary responsibilities.
Identify potential Board member liabilities and how to manage them.
Define the basics of endowments.
Summarize ways to create and manage an endowment dovetails with a Board member’s fiduciary duties.
Analyze the question: If we get it wrong, do donors ever sue?

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