Resources in Risk Management

 

Basic Considerations in Risk Management | Direct Link

This toolkit defines risk management and offers links, resources, and ideas for effective risk management in a nonprofit organization.

Key Terms: financial management, governance, legal considerations, policy, risk management, risk management assessment

Author: McNamara, Carter | Published: 1999

Preferred Practice:

Have Promotion, Fundraising, and Public Information That Accurately Describes the Organization's Identity, Purpose, Programs, and Financial Needs

Catch the Warning Signs of Fraud in NPOs - Nonprofit Organizations | Direct Link

This article, written by a forensic accountant at a major firm, warns of fraudulent activities in nonprofit organizations. The checklist presented in the article presents indicators of fraudulent financial practices in nonprofits. The author presents behaviors by staff and board members that may call for investigation on possible wrongdoing.

Key Terms: accounting, financial management, fraud, fraudulent activities, legal considerations, risk management

Author: Midkiff, Kyle Anne | Published: 2004


Checklist for an Assessment of Legal Activities in U.S. Nonprofit Organizations | Direct Link

This checklist provides the legal implications of nonprofit activities. It includes items for grassroots and direct lobbying, tax code compliance, state and federal documents, and IRS Form 990. This is designed as a risk management tool to help nonprofits stay in legal compliance.

Key Terms: advocacy, compliance, direct lobbying, financial management, governance, grassroots lobbying, legal considerations, lobby regulation, nonprofit tax code, organizational management, risk management

Author: McNamara, Carter | Published: 1999

Preferred Practice:

Know That Urging the General Public to Join Your Advocacy Efforts Can Be Considered Grassroots Lobbying

Community Risk Management & Insurance | Direct Link

This newsletter covers a wide spectrum of risk management issues, showcases the Center's training and workshop sessions, and highlights other crucial nonprofit risk management issues.

Author: Nonprofit Risk Management Center


Coverage, Claims & Consequences: An Insurance Handbook for Nonprofits | Direct Link

This handbook helps put insurance in perspective as a risk-financing tool and explains how it is a part of an overall risk management strategy.

Key Terms: financial management, governance, insurance, legal considerations, organizational management, risk management

Author: Nonprofit Risk Management Center | Published: 2002


Financial Management Training Center | Direct Link

This Web site offers Business Finance courses available online, downloadable, and in PDF format. All courses are free and accessible from the web page.

Key Terms: cash flow, competitive intelligence, financial management, financial performance, mergers

Author: Financial Management Training Center


Giving to Nonprofits with Corporate Board Ties Raises Questions | Direct Link

This article examines the practice of large corporate foundations giving substantial sums of money to nonprofits affiliated with their parent companies' board members. Governance experts argue that such grants can cause concern about potential conflicts of interest.

Key Terms: conflict of interest, financial management, legal considerations, risk management

Author: Countryman, Andrew | Published: 2005


GuideStar | Direct Link

This Web site contains an advanced search option that allows users to access reports and financial information such as 990 forms on many individual nonprofit organizations. Under the nonprofit section, users will find articles about the nonprofit sector.

Author: GuideStar | Published: 1994

Preferred Practice:

Spend Money Like Your Donors Would

Create An Endowment

Insurance Programs Especially for Nonprofit Organizations | Direct Link

This article outlines volunteer insurance issues including auto, dishonesty, and accident policies. A small section on director and officer insurance is covered as well.

Key Terms: financial management, insurance, legal considerations, management, risk management, volunteer management

Author: CIMA Companies, Inc. | Published: 2004


Insurance Questions for Nonprofits | Direct Link

This article outlines some of the more important issues that nonprofits should consider in regards to risk management. This article discusses what nonprofit groups are facing in claims, assessing and handling information technology (IT) risks, budgeting for insurance and advice, how to buy insurance, and what to look for in insurance policies.

Key Terms: budgets, financial management, financial reporting, governance, human resources, insurance, legal considerations, management, organizational planning, risk management, technology

Author: Griesmann, Donald A. | Published: 2003