A New York Times article about the Texas Enterprise Fund should remind all during this pre-presidential contest period that nonprofit boards with extra-tight links to candidates do well to exceed the standards of fulfilling their duty of care. And while I like to fantasize that nonprofit boards exceed the standard as a norm, it's clear that some of those with deep political connections may not be so observant. Just a reminder that the duty of care asks members to be prudent in their actions doing what any "owner" would do to ensure the success of their venture (my loose interpretation of the standard).
As the story about the Texas Enterprise Fund suggests, this may be a good time for the many nonprofit boards closely connected to presidential candidates (remember ACORN) to check-in on their perfomance and also ensure all their records are in order.