Legal Duties and Liabilities of Directors and Officers of Charities and Not-for-Profits and Risk Management

www.carters.ca

www.charitylaw.ca

A. INTRODUCTION

•The 2007 National Survey of Giving, Volunteering and Participating by Statistics Canada reported that a third of all Canadian volunteers hold positions on boards and committees

•Specifically, many individuals take on the position of director or officer of a not-for-profit organization (“NPO”) or a charity

•There is frequently a mistaken belief that the position of a director or officer on a NPO or a charity somehow involves less exposure to liability than a for-profit corporation

•This presentation will explain what the duties and liabilities actually are