Volunteers who serve on the board of directors of a nonprofit organization have fiduciary duties. These duties are defined by ...

Unrealistic expectations for volunteer nonprofit board members may contribute to unhealthy situations where potentially helpful board members are discouraged from joining boards or continuing to serve ...

In a court filing on Wednesday, lawyers for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the charity’s ...

OpenAI announced Tuesday morning that it had completed a tumultuous corporate restructuring effort, simplifying a complex ownership web into a controlling nonprofit entity and a reimagined for-profit ...