If your nonprofit has lots of money (yes, there are those that do) prudence is at the top of the list describing fiduciary expectations of the board. Prudence is generally thought of as treating investment decisions as if the funds were your own. SIde-by-side with prudence, though, is mission.
What exactly prudence and mission is is being questioned by what's going on at the nonprofits that had a role in Solyndra, the failed solar company that recieved a 535M loan guarantee from the US taxpayers.
I think this Washington Post story serves as a prime example of prucence and mission. It is worth a read and consideration by boards of nonprofits (foundations in particular).
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