Fiduciary Duty to Donors?

What’s happening? A philanthropic thought experiment, should donor relations professionals have a fiduciary duty of loyalty and care to the original donor or donors.

Why is this important? The same is said for grant awards, in that the foundation awarding a grant should be ware if any of their staff also serves on the boards of grant recipients

How will this be important? Some say philanthropic foundations should follow the same rules that financial advisors have to comply with.

Route Fifty | Should Philanthropic Advisors Have a Version of Fiduciary Duty to Donors?