Resources
Operational Risk Management A Word from the Wise Guys
By Melanie Lockwood Herman Although a growing number of nonprofit leaders profess to be ready for Enterprise Risk Management, a far greater number admit that their operational risk management programs are far from adequate. What is operational risk management? The term refers to risk identification, risk assessment and risk management activity focused on day-to-day activities … Continued
Off With a Bang: Risk Resolutions
A new year brings the opportunity to start fresh in many areas of life. For many people, this means big plans and aspirations, and often, resolutions. For some suggested risk resolutions from the Nonprofit Risk Management Center, check out our infographic. According to historical accounts, the earliest recorded New Year’s celebration took place around 4,000 … Continued
On Board With Diversity
By the Nonprofit Risk Management Center Team A controversy over the merits of diversity on boards of nonprofits has simmered during recent months, stirred by proposed legislation in California, AB 624, that would have required foundations to disclose the composition of their boards and staff. The legislation also would have required foundations to identify grants … Continued
Love that Web Site… but not the links to information about political candidates
Here’s a REMINDER to all public charities and churches: A link to a political candidate’s web site from a nonprofit’s web site may violate federal law. IRS regulations allow 501(c)(3) nonprofits to engage in limited “voter education” activities, such as preparing or distributing non-partisan voter guides. However, public charities and churches may not voice either … Continued
Election Year Risks
Avoid these Campaign Pitfalls Most nonprofit managers are aware that a charity may not directly campaign for, or against, a candidate for public office. The penalty is severe — loss of tax-exempt status. However, there is often confusion about related activity, and whether it is improper — or permissible — under IRS regulations. For instance, … Continued