Helping Nonprofits Police Themselves: What Trust Law Can Teach Us About Conflicts of Interest

19 Pages Posted: 29 Oct 2019

See all articles by Melanie B. Leslie

Melanie B. Leslie

Yeshiva University - Benjamin N. Cardozo School of Law

Multiple version iconThere are 2 versions of this paper

Date Written: October 28, 2019

Abstract

Over the past decade, scandals involving nonprofit boards and conflicts of interest have been the subject of considerable public attention. The resulting bad publicity, Congressional hearings, and calls for reform have failed to mitigate the problem. In 2009 alone the country witnessed several spectacular examples of self-dealing by nonprofit directors. For example, The Boston Globe recently reported that Suffolk University has a $10,000 per month contract with Wolfblock Public Strategies, lobbyist Robert Crowe’s firm. Robert Crowe is also a Suffolk University trustee, and a member of the compensation committee that made University President David Sargent the highest-paid University President in 2006.

Keywords: nonprofit boards, trust law, conflict of interest, fiduciaries, fiduciary duty, corporate law

Suggested Citation

Leslie, Melanie B., Helping Nonprofits Police Themselves: What Trust Law Can Teach Us About Conflicts of Interest (October 28, 2019). Chicago-Kent Law Review, Vol. 85, No. 2, 2010, Cardozo Legal Studies Research Paper Forthcoming, Available at SSRN: https://ssrn.com/abstract=3476673

Melanie B. Leslie (Contact Author)

Yeshiva University - Benjamin N. Cardozo School of Law ( email )

55 Fifth Ave.
New York, NY 10003
United States
212-790-0266 (Phone)
212-790-0205 (Fax)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
34
Abstract Views
294
PlumX Metrics