Individual trustees failed to prove that bank breached its fiduciary duty, bank trustee failed to prove that individuals breached their fiduciary duty

Lead Stories

Individual charity director can’t force accounting of trust

Lessons from Litigation

May parent entity use sub’s surplus for other affiliates?

Lessons from Litigation

Club can’t offset event losses against investment gain

Tax Matters

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SAY THAT AGAIN?

February 16, 2026

I am always amazed at the ambiguity of the English language and how the same words can have different meanings to different people. It is important to realize in writing bylaws and other contracts.

I was reminded of that the other day when I wanted to get some money from the bank. I wanted enough actual currency that it would come in one of those pre-counted packages held together by a paper wrapping strip. I almost never go into a bank these days, and nobody there knows me personally.

I asked the teller for “a package of one hundred dollar bills.”

How much money had I asked for? What I could easily withdraw from my account with a tap of my bankcard on their little machine? Or an amount that might cause the teller to hit the silent hold-up alarm?

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This report provides a rare inside view on barriers women face to selection and success that are particular to nonprofit organizations and makes specific recommendations on how to improve the gender ratio.
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