What types of insurance do foundations typically carry?

In today’s litigious society, anyone—including your foundation and the individuals associated with it—may be the target of a lawsuit. Although state and federal laws may provide some protection for your board members and volunteers, this immunity will extend to your organization in only a few states. These laws often contain no protection for legal expenses, which often are the most expensive component in litigation.

Read about coverage available for lean foundations and see also the discounted insurance rates negotiated specifically for Exponent Philanthropy members.

 

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