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Operational Risk Management A Word from the Wise Guys.shtml

adopt the good practice of considering a range of potential outcomes rather than focusing on a single scenario or potential outcome. A simple way to do this is to imagine both the extreme, worst case scenario as well as a typical or expected case, and then a third outcome somewhere in between. Based on these … Continued

Off With A Bang: Risk Resolutions

A new year brings the opportunity to start fresh in many areas of life. For many people, this means big plans and aspirations, and often, resolutions. For some suggested risk resolutions from the Nonprofit Risk Management Center, check out our infographic. According to historical accounts, the earliest recorded New Year’s celebration took place around 4,000 … Continued

On Board With Diversity

By the Nonprofit Risk Management Center Team  A controversy over the merits of diversity on boards of nonprofits has simmered during recent months, stirred by proposed legislation in California, AB 624, that would have required foundations to disclose the composition of their boards and staff. The legislation also would have required foundations to identify grants … Continued

Love that Web Site… but not the links to information about political candidates

Here’s a REMINDER to all public charities and churches: A link to a political candidate’s web site from a nonprofit’s web site may violate federal law. IRS regulations allow 501(c)(3) nonprofits to engage in limited “voter education” activities, such as preparing or distributing non-partisan voter guides. However, public charities and churches may not voice either … Continued

Election Year Risks

Election Year Risks Avoid these Campaign Pitfalls Most nonprofit managers are aware that a charity may not directly campaign for, or against, a candidate for public office. The penalty is severe — loss of tax-exempt status. However, there is often confusion about related activity, and whether it is improper — or permissible — under IRS … Continued