Penn State University

Trustee’s Lament: “We are accountable for what’s happened… We are deeply ashamed.”*

Trustee’s Lament: “We are accountable for what’s happened…  We are deeply ashamed.”*

Like the Penn State trustee, who bemoaned the board’s inaction, other nonprofit trustees, directors and managers easily can find themselves in similar situations, if they fail to impartially investigate negative news or even rumors.  In fact, those who serve on small and midsized nonprofit organization’s boards may even be in more perilous situations than larger nonprofits for four reasons.  Small & midsized companies may be affected for some of the same reasons. (more…)

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