RSA 564-F:11-1104: Duty of Prudent Management.

(a) Unless the governing documents provide otherwise, a director has a duty to manage the foundation, its affairs, and its property as a prudent person would manage the foundation, its affairs, and its property.

(b) In satisfying the standard under subsection (a), a director shall:

(1) Exercise reasonable care and skill; and

(2) Consider the factors that are relevant under the circumstances, including:

(A) The foundation's purposes;

(B) The beneficiaries' interests; and

(C) The foundation's distributional requirements.

(c) In managing the foundation, its affairs, and its property, a director may incur only costs that are reasonable in relation to the foundation's property, the foundation's purposes, and the director's skills.