Managing Risk in Nonprofit Organizations A Comprehensive Guide

by Herman, Melanie L.; Head, George L.; Jackson, Peggy M.; Fogarty, Toni E.

• ISBN13: 9780471236740
• ISBN10: 0471236748
• Edition: 1st
• Format: Hardcover
• Copyright: 2003-10-22
• Publisher: Wiley

Summary

Managing Risk in Nonprofit Organizations explains and defines risk management, especially as it applies to nonprofits. It provides comprehensive guidance on such topics as identifying risk, prioritising risk, selecting appropriate risk management techniques, implementing risk management techniques, monitoring risk management, and financing. * Includes diagrams of the risk management cycle and dimensions of risk graphic * The nature of these unique risks and the special challenges facing a nonprofit that embarks on a risk management program will also be addressed. * Written by two leaders at the Nonprofit Risk Management Center, a management assistance organization that provides informational resources, technical assistance, and training to an estimated 20,000 nonprofits annually

Author Biography

MELANIE L. HERMAN is the executive director of the Nonprofit Risk Management Center, a management assistance organization that provides informational resources, technical assistance, and training to an estimated 20,000 nonprofits annually. Before her appointment as CEO of the Center in 1996, she served on the senior management team at the National Legal Aid and Defender Association, where she directed the association&#146;s development, membership, and communications activities. She has authored and coauthored more than a dozen books on risk management in nonprofit organizations. <BR>

Table of Contents

PART I: MANAGING RISK IN THE NONPROFIT SECTOR.

The Nature and Purposes of Risk anagement.

Recognizing the Context for Risk Management.

PART II: UNDERSTANDING THE GENERAL RISKS FACING NONPROFIT ORGANIZATIONS.

Property Risks.

Liability Risks.

Income Risks.

People Risks.

Reputation and Mission Risks.

Managing Volunteer Risks.

Governance and Fiduciary Risk.

Managing Risks Related to Serving Vulnerable Populations.

Managing the Risks of Transporting Clients.

Collaboration Risk.

PART III: RISK FINANCING FOR NONPROFITS.

Fundamental Objectives and Alternatives for Risk Financing.

Working with Insurance Professionals.

Insurance.

Alternative Risk Financing.

Glossary.

Bibliography.

Resources.

Index.