Nonprofits have a duty to apply risk management principles—a look at when organizations should adopt a risk management program and how they can begin. July 2016. The author, Ted Bilich, also has a series of free downloadable materials, including a step-by-step guide to risk management, at https://riskalts.com/free-nonprofit-risk-management-materials/. (Registration required to download.)

Nonprofits Insurance Alliance Group provides liability insurance coverages, as well as helpful risk management tools, all tailored for 501(c)(3) nonprofits.

Use this tool for a quick assessment of risk in four essential areas for nonprofit organizations. The rating and guidance provided will help to start discussions, set priorities, and focus attention as nonprofits develop plans to weather the recession. This assessment is a starting point developed to indicate the level of urgency and priority. It cannot take the place of a comprehensive organizational review or in-depth analysis of financial trends and forecasts.

Non-Profits face many risk management issues. This articles provides a thorough overview of some of the risks and appropriate management responses to those risks. March 2015.

Discusses what kinds of insurance a nonprofit needs and who or what it should cover. Links to a longer article and webinar. March 2014.

The Public Entity Risk Institute (PERI) is a dynamic, forward-thinking organization that serves as a resource to enhance the practice of risk management throughout organizations and communities. Serving public entities, small businesses, and nonprofit organizations, PERI provides relevant and high quality enterprise risk management information, training, data, and data analysis.

Risk management often focuses on matters of insurance. However, there are several other major considerations when assessing areas of risk in your business. Read the following sections in this overall topic, too.