Chapter 3: Managing Your Nonprofit’s Risks
We’ve covered which liabilities your NPO may face and the insurance policies that can help your organization survive a number of legal and financial hits. But insurance can’t cover every event.
So in addition to adequate coverage, you should also take steps to manage the risks that you can control. Let’s explore some extra risk management concerns so you can solidify your protection plan, safeguard your assets, and cut costs.
Next: What Are Audits and How Can Nonprofits Avoid Them?