Jen: This is The PKF Texas – Entrepreneur’s Playbook®. I’m Jen Lemanski, and I’m here with Kristin Ryan, an Audit Senior Manager and one of the faces of the PKF Texas Employee Benefit Plan Team. Kristin, welcome back to The Playbook.

Kristin: Thanks. Good to be back.

Jen: So, in the past, we’ve talked about fiduciaries, risk, that kind of thing, and I’ve heard that there’s been some litigation against fiduciaries. What kind of issues are you seeing in this space right now?


Continue Reading Reducing Risk of Litigation Against Fiduciaries

Interest in not-for-profits’ governance practices from lawmakers, watchdog groups, and the general public has been growing in recent years. If your board hasn’t recently reviewed its fiduciary duties, roles, and responsibilities, now is a good time.

3 primary responsibilities

Nonprofit board members — whether compensated or not — have a fiduciary duty to the organization.