Getting an earful of what you don't want to hear is never fun. Thinking back to your childhood, if you were ever in trouble with your mother you understand a thing or two about how her context and perspective influenced her interpretation of events. It's probable that you also learned how to listen attentively and bite your tongue until it was your turn to talk. Those "mother" lessons serve … Read More »

Fiduciary Responsibility

Occasionally, I hear nonprofit board members mention their "fiduciary responsibility" usually in reference to caring for their organization’s finances. While financial oversight is certainly an important part of a board's fiduciary duties, the term fiduciary takes into account a whole lot more than budgetary functions. In essence, fiduciary responsibility is a special trust relationship between … Read More »