These well-meaning board members may not be aware of the potential liability that attaches with service as an officer or director of a non-profit. Board members frequently contribute their time and labor to the cause without receiving any compensation. Thankfully, the laws of many states offer directors and officers of nonprofits qualified immunity from certain liability claims. Someone who cannot afford to serve on a non-profit board without compensation receives no qualified immunity. Non-profit service should not only be for the independently wealthy.
Source: Forbes June 08, 2022 15:39 UTC