What type of fiduciary duties does a non-profit have to their donors? Explain.
What type of fiduciary duties does a non-profit have to their donors? Explain.
Homework Answers
Following are the fiduciary duties:-
1. Duty of care:- To remain alert about the responsibility of the organization, attend meetings by the board members and be educated about the industry they are conducting business.
2. Duty of loyalty:- To be loyal and not to enter into profit motive.
3. Duty of obedience:- To obey rules and regulations.
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What type of fiduciary duties does a non-profit have to their
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