Risk Management for Nonprofits: The Board’s Role in Donor and Funder Stewardship

In the complex ecosystem of nonprofit management, the stewardship of donors and funders stands out as a critical area where strategic oversight and risk management can yield significant benefits. The board of directors plays a pivotal role in ensuring that the organization not only secures funding but also maintains and strengthens these essential relationships over time. Here’s how nonprofit boards can effectively manage risks in donor and funder stewardship.