Risk Management
Course Description:
Nonprofit directors have a duty to manage risk at their organization – an extension of their legal duty to safeguard the assets of the nonprofit & exercise reasonable care when acting in their leadership/stewardship role (“duty of care”)
- Poorly managed risks can negatively affect the nonprofit’s finances, operations, and reputation
- Also, individual board members can be the target of lawsuits or investigations relating to their actions/failures to act
- While there are statutory protections & available insurance, directors should still be engaged in the entire risk management process
education track: AIAS Board of Directors Training
Delivery Method: Online
Format(s): VIDEO
Internal Course Code: aias-bod-risk-mgmt
Duration: 1h
HSW Compatible: No
Point of Contact Name: AIAS Learning
