Fiduciary Duty

Coins

Fiduciary Duty, Governance, IP, Nonprofits

March 10, 2022

What is an Asset?

I had a lot of new questions after analyzing the survey data. I wouldn’t be able to answer them quickly, so I spent some time thinking about how my experience as a manager in the nonprofit sector could help me chip away at big questions. I had staffed committees of the board for every organization […]

Tools - wrenches, nuts, and bolts

Fiduciary Duty, Governance, IP, Nonprofits, Philanthropy

March 2, 2022

Foundations, Grantees, and Intellectual Property Rights

I was a fundraiser for 15 years. The implications of my survey’s findings on who funds, owns, and benefits from intellectual property created by nonprofits was always lingering in the back of my mind. Fundraising is not a new activity or new profession. I remember one of my grad school professors showing us a direct […]

Records

Fiduciary Duty, Governance, IP, Nonprofits

August 27, 2021

Q3 & Q4: Written IP Policies and What They Cover

I then asked respondents whether the organization has any written policies regarding the intellectual property assets. Written policies are not necessary for having internally understood standards or expectations of management regarding organizational decisions and processes. However, in this context, written policies were chosen as a way to determine the more thoughtfulness than just awareness of […]

Post it notes

Fiduciary Duty, Governance, IP, Nonprofits

June 26, 2019

Nonprofit Assets: Beyond the Balance Sheet

A nonprofit’s intellectual property assets require governance oversight and thoughtful management as part of the board’s fiduciary duty.

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