A Chicago Times report described the impending failure of an Indiana youth organization whose property was essentially destroyed by floods. The organization annually serves 6,000 youth with a wide range of programming.
FEMA, the disaster aid arm of the US Government, will not provide financial support noting it does not fund sports complexes. The youth organization is counter arguing that it is not just a youth service organization but a community center.
Arguments not withstanding, the center's insurance did not cover this type of disaster. Of course my query: doesn't the board have some responsibility here? Who made the initial decision not to carry broader and deeper insurance?
Good governance: make decisions as though it was your own business.