The nonprofit sector faces a “perfect storm” of risk – burgeoning demands from vulnerable populations while funds from government resources choke off. Because risk management tools can help, nonprofit standards increasingly instruct nonprofits to adopt risk management processes, but nonprofits often don’t know how to begin, believe they can’t afford it, or rank risk management much lower than other competing priorities. As a result, nonprofits and the vulnerable populations they serve are unnecessarily exposed to risk.
Ted Bilich is the CEO of Risk Alternatives LLC, located in Arlington, Virginia. Risk Alternatives works with nonprofits and entrepreneurs to help them identify and address threats and opportunities, confront challenges, and build processes to achieve their goals. Ted has more than 25 years of experience counseling clients on risk management, compliance, governance, and complex business issues. In this workshop, Risk Alternatives CEO will provide detailed insights from new research involving 100 foundations with total annual giving of more than $7 billion to drive discussion of the following critical questions:
- What are nonprofits are currently doing about risk management?
- How do nonprofits and their funders create a common vocabulary for discussing risk management concepts and issues? And
- How can your nonprofit begin implementing a risk management process?
Participants should come prepared to speak up and roll up their sleeves. Included in the ticket registration is a survey about your organization’s current risk management capacity. This information will be used to tailor the session material and will not be shared on an individual basis. Click here to register.
At the session we will also be announcing an upcoming cohort with Risk Alternatives. The cohort will provide an in-depth risk-assessment and corresponding plan that will be developed over several sessions. For more information about Risk Alternatives, check out their website at: