Nonprofit Management Blog
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.
Crisis Management for Nonprofits: Preparing for the Unexpected
Crises are by nature unpredictable, but that doesn't mean we can't prepare for them. For nonprofit organizations, which often operate on tight budgets and rely heavily on community trust, being unprepared for a crisis can have devastating consequences. Whether it's a natural disaster, financial downturn, or any other emergency, having a solid crisis management plan in place is crucial to navigating the storm and continuing to fulfill your mission.