Posted by wsh40 on 9/9/2008, 11:36 pm, in reply to "D and O insurance"
Many donors and funders will not give you any money without D&O insurance. On the other hand it will protect the organization in case of theft by the board members and having been through an embezzlement situation I would highly recommend the board find the money. Every organization I have worked with included the cost of the insurance as part of their general operating budget.