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Board Legal Fiduciary Duties
All state statutory and case law holds that directors of nonprofit, 501(c)(3), corporations must serve as stakeholder (owner) agents, acting in ways that protect and advance their interests. Legalities aside, this is the foundation of great governance. In order to fulfill this obligation, directors must discharge three legal fiduciary duties: loyalty, care and obedience.
Position Description for a Health System or Hospital Board Member [Full]
The role of the board is to govern, not manage, the organization. To that end, the board carries out four roles.
Sample Governance Authority Matrix
Unlock better governance practices with our delegation of authority matrix template, ensuring clarity and accountability across your organization.
Board Leader Resources
AHA Trustee Services offers resources for board leaders on leadership development, board chair relationship with the CEO, committees, and more.
Understanding the Board of Trustees’ Role
Many organizations, including the American Hospital Association, offer resources and publications on corporate governance.
Good Governance Policies in the Post-Enron Environment
The governance challenges raised in the post-Enron environment are motivating many boards and their general counsels to draft new board policies and tighten up existing ones.
Fully Equipped to Lead
When trustees are appointed to the board of Manatee Memorial Hospital, they have a steep learning curve as they settle into this new role. Providing an orientation program and performing frequent performance evaluations help to ensure that trustees receive the training, resources and ongoing support they need to serve the organization.