3 ms·
Yep, "fiduciary" is about a trust relationship. A fiduciary is obligated to act in a trustworthy manner. 501c3 board members are entrusted with the welfare of t
by jrapdx3 3y ago
Yep, "fiduciary" is about a trust relationship. A fiduciary is obligated to act in a trustworthy manner. 501c3 board members are entrusted with the welfare of the organization vs. their own interests.
I surmise that "Revlon" stands for "an entity worth billions". IOW having a component with large monetary value to manage.
- anonymouskimmer 3y agoApparently Revlon is a legal standard: https://news.ycombinator.com/item?id=38326869 https://news.ycombinator.com/item?id=38326869