Nonprofit organizations purchase insurance for many reasons, covering many exposures (risks), and at a wide range of prices. This book puts insurance in perspective as a risk-financing tool that is part of an overall risk management strategy.
Every year is election year. And nonprofit organizations know that the outcome can significantly affect their work. 501(c)(4) social welfare organizations and 501(c)(6) trade associations may participate in election campaigns, but 501(c)(3) charities must be careful not to intervene in an election campaign at any level because “electioneering” can cost them their exempt status.
Recruiting and managing the spectrum of volunteers who bring your nonprofit’s mission to life is no easy task. Safeguarding volunteers, service recipients and the organization requires a sophisticated blend of risk taking, risk awareness and risk management.
A nonprofit organization’s building and grounds make up its facility. Responsibilities and protection differs depending on whether or not a nonprofit owns, leases, loans, rents, borrows or operates out of a home facility. Risks vary depending on the physical and mental capabilities, and ages of the service recipients.