Central Asia Institute a cautionary tale for boards: With a settlement agreement signed between the Montana Attorney General’s office and the Bozeman-based Central Asia Institute, and the U.S District Court’s dismissal of the lawsuit against the institute and its executive director, Greg Mortenson, a sad chapter in botched nonprofit management closes.
What remain open are questions about the implications of the CAI case for nonprofit organizations in general. How could such serious management lapses have occurred? How could they have been prevented?
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