[From: https://www.travelers.com]

“It may be the last thing you are thinking about when you volunteer on the board of a nonprofit, but are you aware you might be putting your personal assets at risk? The reason for that is nonprofits face many of the same threats as for-profit businesses, including the potential for lawsuits. If the nonprofit is sued and lacks the proper planning and¬†protection, you could lose your savings, your home and other assets.”

Read the full article here.