nonprofits,local leaders & Grt.New Haven business sharing information
Talk about a life lesson in fulfilling one's duty of care AND addressing personal risks, the NC New Schools board is a case example that couldn't be better. Simple lessons: one of the first questions a nonprofit board member should ask: do you have Directors & Officer's Insurance? Another question each year: has our D&O Insurance been paid?
Of course, the board should have been asking a lot more questions to understand first, how the organization was doing that it was heading…Continue
Added by Mike Burns on June 29, 2016 at 2:59pm — No Comments
In a Philadelphia Inquirer article, in a story about the purchase of Muhammad Ali's childhood/young adulthood home, the current owners stated:
The museum was not set up as a nonprofit. "I did not want anyone else to tell me how best to re-create the home or how to preserve Muhammad's most important legacy. This was to be the purest vision of the legacy of Muhammad Ali, without interference or baloney from committees," said Bochetto.
Neither he nor Weiss will get one red cent…Continue
Added by Mike Burns on June 15, 2016 at 2:18pm — No Comments