Resource Results for "Legal Risk"
Risk Management Maturity: Where Do You Stand?
Hosting an Office Holiday Party? Listen to Episode #3 of The Risk Jockeys Podcast: Ho Ho Hold On There! Managing Office Party Risks ~8.5 minutes | Recorded 12.16.17 Looking back on the NRMC team’s work throughout 2017, one of the hottest topics for our consulting clients and Affiliate Members was risk management maturity. Nonprofit … Continued
Workplace Harassment: An Unacceptable Risk
Of late, news is teeming with tales of workplace sexual harassment in Hollywood, Silicon Valley, and elsewhere. While it’s important to recognize that both men and women are victims of workplace harassment, many American women are now stepping forward to report harassment they have experienced at work. I assume that the nonprofit sector does not … Continued
Lost in Space: Managing Facility Rental Risks
By Melanie Lockwood Herman The goal of maximizing the use of your nonprofit’s facilities is an admirable one. For many organizations, permitting—or encouraging—other nonprofits to use temporarily or regularly vacant space is a practical way to advance your organization’s reputation in the community and support the missions of kindred agencies. Despite the myriad potential upsides … Continued
Managing Interns & Risk: Let’s Dive In(ternships)
By Christine Smith Now that summer is officially in full swing, you may be spending part of the summer at the pool, beach, or a waterpark. I’ve opted to spend my summer interning with the NRMC! In the past month, I have started to realize why employers often prefer prospective candidates with internship experience. Thus … Continued
The Garden of Risk Oversight: Positioning the Board to Cultivate Strategic Risk-Taking
By Melanie Lockwood Herman When considering the myriad risks facing a nonprofit organization, one could identify many risks that should be safeguarded against, mitigated, or prevented if possible. Strategic risks are another animal altogether, or more appropriately, a garden of risks that—if properly tended to—will grow to fruition and advance the nonprofit’s mission and vision. … Continued
Create A Risk Management Function That’s Built To Last
By Melanie Lockwood Herman and Eric Henkel Many nonprofit organizations have made it a priority to integrate risk-aware thinking and decision-making into day-to-day operations and strategic planning. Plenty of organizations demonstrate expertise in managing risks related to programs, facilities, and clientele. But nonprofits’ ever-changing risk landscape invites a broader and deeper approach to risk management. … Continued
Managing UBIT (Unrelated Business Income Tax) Risk
Presenter: Don Kramer, Counsel, and Chair of Montgomery McCracken’s Nonprofit practice group Diversifying an organization’s revenue sources is key to financial sustainability. A growing number of nonprofits are achieving this goal by starting income-producing ventures or product lines. But such efforts can expose a nonprofit to serious legal, as well as economic, risks. This webinar explores … Continued
Risk Categorization: Learning from the Risk Leadership Certificate Program
By Erin Gloeckner Our Risk Leadership Certificate Program (RLCP) is underway. With our RLCP cohort, we’ve enjoyed productive generative discussions about core competencies for risk professionals, including risk assessment, risk culture, risk function design, and insurance program oversight. With each conversation, we challenged our understanding of risk management best practices, like risk categorization. Prior to … Continued
Glossary of Risk Management and Insurance Terms
This glossary was originally published in Coverage, Claims and Consequences: An Insurance Handbook for Nonprofits. Accident — Unexpected or chance event. This term is frequently defined in older commercial general liability (CGL) policies. Accident medical reimbursement insurance — Covers medical expenses for injuries arising out of accidents, regardless of liability. Traditionally also provides a schedule … Continued
Online Social Networks, Cyber Risk and Your Nonprofit: What You Need to Know
By Jeffrey S. Tenenbaum, Esq. and A.J. Zottola, Esq. Online social networking sites, such as the popular offerings provided by MYSPACE, FACEBOOK, TWITTER, and LINKEDIN, offer new ways for nonprofits to connect and interact with key stakeholder groups and the community at-large. An online networking site can offer opportunities and rewards due to the ease … Continued