The Value of a Fiduciary Pledge

The Value of a Fiduciary Pledge

By: Blake Hegeman, CAE

Board members aren't always schooled in the importance of their responsibilities, but a fiduciary pledge can help them get up to speed fast. Here's what's included in a typical pledge.

Association volunteers are leaders in your association and in their careers, but they are generally not nonprofit management experts. That is why it is so critical for association staff to provide volunteers with a clear understanding of their legal duties and the key policies of the association. To accomplish this goal, many associations require all volunteers, from committee to board members, to sign a fiduciary pledge document. ...