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PSG Charter
PSG Charter
1. Duty of Care: Take care of PSG by ensuring prudent use of all assets, including facility, people, and good will.
2. Duty of Loyalty: Ensure that the PSG's activities and transactions are, first and foremost, advancing its mission; Recognize and disclose conflicts of interest; Make decisions that are in the best interest of PSG as a nonprofit corporation; not in the best interest of the individual board member (or any other individual or for-profit entity).
3. Duty of Obedience: To the best of the board's ability, ensure that PSG obeys applicable laws and regulations; follows its own bylaws; and that the nonprofit adheres to its stated corporate purposes/mission.
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