Like all organizations in today’s volatile marketplace, nonprofits are under tremendous pressure to be more accountable for their operations, specifically to funders, donors, clients, and the public at large. Proper risk management can not only help nonprofits create a sound and transparent financial structure, but also exploit new development opportunities that may not otherwise be realized. Managing Risk in Nonprofit Organizations shows managers how to implement sound risk management procedures in every aspect of their organization.
The authors divide their guide into three sections The Nature and Purposes of Risk Management, Recognizing the Context for Risk Management, and Risk Financing for Nonprofits. A large array of potential risks is covered, including:
- Human resource issues
- Internet use
- Volunteer management
Senior level managers and executives at nonprofits, board members, and professional risk managers will find Managing Risk in Nonprofit Organizations to be an invaluable guide to this vital topic.
Chapter 1: The Nature and Purposes of Risk Management.
Chapter 2: Recognizing the Context for Risk Management.
PART II: UNDERSTANDING THE GENERAL RISKS FACING NONPROFIT ORGANIZATIONS.
Chapter 3: Property Risks.
Chapter 4: Income Risks.
Chapter 5: Liability Risks.
Chapter 6: People Risks.
Chapter 7: Reputation and Mission Risks.
Chapter 8: Managing Volunteer Risks.
Chapter 9: Governance and Fiduciary Risks.
Chapter 10: Managing Risks Related to Serving Vulnerable Populations.
Chapter 11: Managing the Risks of Transporting Clients.
Chapter 12: Managing Collaboration Risk.
PART III: RISK FINANCING FOR NONPROFITS.
Chapter 13: Fundamental Objectives and Alternatives for Risk Financing.
Chapter 14: Working with Insurance Professionals.
Chapter 15: Insurance.
Epilogue: A Risk Management Decalogue.