Small businesses and nonprofit organizations are often built on trust. Founders recruit people they know. Boards form around shared values and personal relationships. Everyone believes they are working toward the same goal, so formal oversight feels unnecessary or even counterproductive. That trust is usually genuine. It is also where risk takes root. Legal problems rarely...Read More

  Nonprofit organizations survive on trust. Donors give because they believe their contributions are being stewarded wisely. Volunteers join boards because they understand the weight of public confidence and the responsibility that comes with governing an institution designed to serve the community. But that foundation of trust collapses when the law shields directors who turn...Read More