In nonprofit organizations and churches, Board members have a fiduciary duty of care to oversee the financial management of the organization. This doesn’t mean that the Board must approve every purchase order or walk through every receipt—that would be too cumbersome a process and would likely intrude on the responsibilities of the senior leader and staff…

We’ve all seen it, breaking news stories involving board members allegedly failing to fulfill their fiduciary duties to the organization. So, that begs the question: What are the fiduciary duties of a board member?