Posted on August 9, 2017
To support their new Helping Nonprofits Assess and Manage Risk project. Nonprofit managers and Board Members are each responsible for ensuring that their organization achieves its mission while protecting its assets. Risk management helps nonprofits to balance the need to provide quality programming against the need to sustain the organization in order to fund and deliver that programming. It also informs business and operational decisions to reduce exposure to legal liability, including liability resulting from inadequate financial controls. The project will allow LANY to provide personalized risk management assessments to 20 nonprofits, and identify and commence at least 60 new matters resulting from these assessments, client outreach, and educational information aimed at raising awareness of legal risk management issues. LANY will also provide two educational trainings to address risk management issues of concern to the nonprofit sector.