Created by the United Way of Canada, Board Development provides step-by-step information for establishing and/or restructuring non-profit boards of directors with an emphasis on good governance. It also lists provincial, national, and U.S. resources for a. Canadian Coalition for Good Governance. Targeted at for-profit companies, the Canadian.. Directors of not-for-profit organizations have various duties and responsibilities, the most fundamental of which are the fiduciary duty, or the duty of loyalty, and the duty of care. Successful fulfillment of these duties is critical both in terms of the wellbeing of the organization, and in order to protect directors from liability. This.
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NPO boards would similarly benefit from having a formal mandate. The purpose of the mandate is to ensure that no expectation gaps exist between the board, management and other stakeholders with regard to the board's role. The mandate should clearly define the board's authority, responsibilities and accountabilities.. 2. A conflict between the duties the director owes to the organization they serve and those they owe to another organization. For example: — A director serves on the board of two organizations - and owes the same duty of loyalty to each - and the organizations are involved in a transaction. Example.
