Meagan Truong, left, and Martha "Frannie" Reilly, right, of McNees Wallace & Nurick. Courtesy photos Succession Planning Success—Ensuring Good Governance Through Board Membership for Nonprofits
As board members, lawyers have a fiduciary duty to provide good governance to nonprofit organizations and, as volunteers, lawyers help nonprofit organizations fulfill their missions of providing for the greater good. As lawyers representing nonprofits, we have a responsibility for advising clients to maintain this adherence to the greater good and counsel clients on good governance.
March 01, 2024 at 11:01 AM
6 minute read
NGO and Non-Profit
The word "good" has a number of different meanings—it is a condition, a salable item, a benefit —but what does it mean when we talk about good governance of nonprofit organizations? In this instance, the discussion is still at least two-fold, if not more.
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