Good Time To Focus On Nonprofit Board Accountability

We've been following the Penn State situation closely.  The responses of the university and its various constituents and the NCAA to this unprecedented institutional disaster will inform our advice to our college, university, institutional and nonprofit clients going forward in so many contexts, including employment matters, athletics compliance, board governance and leadership, institutional structure and reporting, and compliance generally, among others.  And like the Sarbanes-Oxley reforms years ago, which were mandatory for publicly held companies and accepted to a large extent as best practices for private businesses, institutions and non-profits, the Penn State case raises awareness of nonprofit board accountability generally... Read more.