Wrongdoing by Officers and Directors of Charities: A Survey of Press Reports 1995-2002
Marion R. Fremont-Smith
Harvard University - The Hauser Center
Council on Foundations
Hauser Center for Nonprofit Organizations Working Paper No. 20
This paper presents the results of a survey of newspaper reports published between 1995 and 2002 of incidents involving allegations of criminal and civil wrongdoing by officers and directors of charitable organizations. Of the one hundred and fifty-two incidents found, one hundred and four entailed criminal activity, fifty-four involved breaches of the duties of loyalty and prudence - self-dealing, failing to carry out the mission of the charity, and negligent management of assets - while six fell into both categories. The authors set forth the limitations of a study of this nature and point to problems of governance that emerged from their findings.
Number of Pages in PDF File: 48
Date posted: September 29, 2003