Last year 60 Minutes and Jon Krakauer investigated Greg Mortenson, the executive director of the Central Asia Institute (CAI) and author of the best-selling, and, it seems, largely fabricated, Three Cups of Tea. They discovered that he had violated the trust of the people who donated money to the CAI and of those he was claiming to help. This past week Montana’s attorney general said Mortenson must repay $1 million to the CAI. He is allowed to remain with the charity, but can no longer serve as a board member, nor is he allowed to hold a position of financial responsibility.This case offers some lessons about the role and responsibilities of boards of non-profits that are too important to ignore.
See full Article: http://blogs.reuters.com/lucy-marcus/2012/04/13/greg-mortensons-lessons-for-non-profit-boards/
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