Overview of the Fiduciary Duties of Board Members of Pennsylvania Nonprofit Corporations
This one-page visual guide sheet provides a succinct overview of the three fiduciary duties of board members serving Pennsylvania nonprofit corporations – the duty of care, the duty of loyalty, and the duty of obedience – and bullet points the actions board members take to fulfill these duties.
This document is not legal advice. You should consult a lawyer with experience representing Pennsylvania nonprofits before signing and filing documents. Every startup nonprofit is different, and a lawyer can help guide you through the startup process and the important considerations relevant for your particular organization.