Risk Management

Icon
Image
  • Mergers and acquisitions are much more common in the nonprofit sector than most would think. Nonprofit mergers often come about through default – due to financial distress or leadership vacuums. At the same time, relatively few nonprofits are using it strategically – as a way to strengthen organizations' effectiveness, spread best practices, expand reach, and to do all of this more cost-effectively.

  • Cybersecurity for Nonprofits by the National Council for Nonprofits provides guidance on first steps to take when introducing your organization's risk assessment practices to examining risks from online crime.

  • Data Privacy and Cyber Liability: What You Don't Know Puts Your Mission at Risk makes the case that "nonprofits may be at greater risk for reputational and financial damage in the wake of data breaches" and raises concerns that nonprofit leaders may be unaware of the increasingly common breaches of nonprofits' data on donors and constituents. (Nonprofit Risk Management Center)

    This article explores:

  • State Liability Laws for Volunteers and Charitable Organizations: An Overview covers the general legal liability environment in the U.S. and has a section dedicated to North Carolina statutes protecting different types of volunteers and those pertaining to other organizational liabilities. (Nonprofit Risk Management Center, 2010)

  • Although referencing state laws outside of North Carolina, Securing Waivers of Liability from Volunteers of Nonprofit Organizations gives a solid overview of why nonprofits should obtain signed legal documents from volunteers during the on-boarding process and features a sample "Release and Waiver of Liability" template.

  • The recent passage of the American Rescue Plan Act includes updates and changes to the Employee Retention Tax Credit (ERTC). Join presenter Jennifer Rohen with CLA to explore what the employee retention credits are, eligibility criteria and amounts for 2020 and 2021, and what it means for your nonprofit. We'll also discuss the changes that continue the credits through the end of 2021.

    Watch now!

  • External communication policies for the organization's official use of social media

  • Choosing a vendor to meet your information technology or cybersecurity needs is not an easy task. To help, the National Cybersecurity Alliance created a Security Vendor Questionnaire checklist of critical questions you should ask current or potential vendors.

  • Although it is unfortunate, sometimes volunteers are not a good match, or are even potentially disruptive, for our nonprofit. In such cases, there are several considerations and tasks to align before taking the next step to dismiss a volunteer.

  • Your nonprofit's response to a crisis or bad publicity greatly affects your organization's reputation. Use this sample nonprofit crisis communications plan template to ensure that you respond promptly, accurately and confidently during an emergency, and in the hours and days that follow that crisis. (Bloomerang, 2016)

Subscribe to Risk Management