The first step in writing a confidentiality policy is to identify the reasons the board needs it. Connect the confidentiality policy to board members' duty of loyalty, which obligates them to act in the best interest of the organization.Board members of a nonprofit have a fiduciary responsibility to hold confidential information obtained through their board service. A board member agreement is the promise a board member makes when accepting a position for nonprofit board service. A. The receiver will manage and operate all aspects of the school.