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December 2, 2016
Resource Type: Articles
Calculated Risk: Rocket Man
The world rests on three foundations: On study, on service, and on acts of benevolence. — Ethics of the Fathers (a classic work from around the year 200.) My grandfather died in April at the age of 96. It came...
Topics: General
December 2, 2016
Resource Type: Articles
Calculated Risk: Left Behind
The smallest sprout shows that there is really no death? — Walt Whitman Late last summer they took down a giant oak near the center of my small town, located about 25 miles from the nation's capital. Aerial photos of...
Topics: General
December 2, 2016
Resource Type: Articles
Calculated Risk: Journey of a Lifetime
Feeling inadequate? Dreaming of doing something with your life? Want to make a difference? Get real! Here is a work of miniscule proportions that will lower the bar — again! Do you strive for perfection? Do you spend countless hours...
Topics: General
December 2, 2016
Resource Type: Articles
Calculated Risk: Good Surprise, Bad Surprise: The Law of Unintended Consequences
When my son was just learning how to run, he often took a tumble. Occasionally, he would fall down a bit hard and though he wasn't really hurt, the shock and the injustice of the accident would bring him to...
Topics: General
December 2, 2016
Resource Type: Articles
Calculated Risk: Fear of Excellence
"When one makes a journey, one has stories to tell." — German Proverb) Think globalization is a new concept? Think again. This summer my journey of a thousand miles began with a single step — on to a Washington, D.C....
December 2, 2016
Resource Type: Articles
Broken Promises, Shattered Trust
Preventing and Responding to Fraud and Misuse of Assets in a Nonprofit Organization During the recent 39th annual Risk and Insurance Management Society (RIMS) annual conference held April 29-May 3rd in Atlanta, GA, a panel-style workshop on the topic of...
Topics: Fraud and Financial Oversight
December 2, 2016
Resource Type: Articles
Abuse Coverage Isn’t as Elusive as a Needle in a Haystack, but It Will Cost You
Hardening market conditions cause nonprofit risk managers to lose sleep and patience after receiving nonrenewal letters, notices of changes in the terms and conditions of coverage, and word from weary brokers and agents explaining that the same or less coverage...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
“Let’s Work Together” – The Sweet Sounds of a Board-CEO Partnership
On paper nonprofit boards and CEOs are required to work together. Typical CEO position descriptions include items such as: Keeping the board apprised of issues impacting the nonprofit's mission and necessary to govern, Reporting to the board at regular meetings...
Topics: Governance
December 2, 2016
Resource Type: Articles
A Violation of Trust: Fraud Risk in Nonprofit Organizations
The risk of fraud is a serious concern for all types of enterprises, but fraud can be particularly damaging to a nonprofit organization, for which a damaged reputation can have devastating consequences. The Costs of Fraud in Nonprofit Organizations According...
Topics: Fraud and Financial Oversight
December 2, 2016
Resource Type: Articles
A Golden Opportunity
The age distribution of the American public is changing. Healthier lifestyles and medical innovations have increased the longevity of the American population. Our citizenry now includes not only higher percentages of senior Americans, but greater numbers of elderly members who...