9 Important Questions To Ask Before Joining A Nonprofit Board

credit: Wikimedia

In this JDSupra article, it is recommended to ask a few questions before joining a nonprofit board.

The article points out the the risks associated with serving in this important role and that "directors of nonprofit corporations must discharge duties in good faith and in a manner he or she believes is in the best interests of the corporation."

There are nine recommended questions to ask before jumping onto the nonprofit board bandwagon. They cover:

1. Indemnification provisions
   
2. Director and Officer Liability Insurance
   
3. Written Conflict of Interest Policy
   
4. Written Data Privacy and Cybersecurity Policies in Effect as Well as Cyber Liability Insurance
   
5. Written Employment Policies
   
6. Written Executive Compensation Policy
   
7. Written Gift Acceptance Policy
   
8. Written Investment and Financial Policies
   
9. Written Checklist Outlining Policies to Govern Annual Filing Requirements
   

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