Transcription of RIGHT FROM THE START: RESPONSIBILITIES of DIRECTORS of …
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RIGHT FROM THE START: RESPONSIBILITIES of DIRECTORS ofNOT-FOR-PROFIT CORPORATIONS Office of the New York State Attorney GeneralCharities Bureau28 Liberty StreetNew York, NY 10005(212) omRIGHT FROM THE START: RESPONSIBILITIES of DIRECTORS of N0T-FOR-PROFIT CORPORATIONSO ffice of the NYS Attorney GeneralChar ities itiesn Doc ument 2015 -6, V. d ate: May15,2015 The Charities Bureau of the Office of the New York State Attorney General draftedthis guidance to assist c urrent a nd fut ur e boards of director s of n ot-for-pr ofit cor porationsand trustees of charitabl e t rusts t o understand and carry out t he ir f iduciary RESPONSIBILITIES tothe orga ni zations the y serve.
to join. Make sure the committees appear to be sufficient (audit, investment, budget, finance, compensation, human resources, nominating, governance, etc.). Under New York's Not-for-Profit Corporation Law, corporations required to file an audit with the Attorney General's Charities Bureau must have an audit committee made up of
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