What special protections against personal liability are available for a foundations volunteer board members and officers?
Both federal and Minnesota state law afford some protection against personal liability to individuals serving as officers and directors of charitable organizations, including foundations, on a volunteer or unpaid basis. Under Minnesota law, such a person generally is not liable under civil law for acts taken in good faith, within the scope of the person’s responsibilities, and which do not constitute willful or reckless misconduct, subject to certain exceptions. Federal law provides volunteers with somewhat duplicative immunity from both federal and state civil liability. For More Information See also What Every Grantmaker Should Know: Board Fiduciary Duties.
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- What special protections against personal liability are available for a foundations volunteer board members and officers?
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