A NONPROFIT’S GUIDE TO UNDERSTANDING THE INSURANCE AND RISK MANAGEMENT PROCESS

August 15, 2019

Nonprofits are essential to U.S. communities, providing a wide variety of critical services and support to those in need. From food banks and selfhelp organizations, to family social services agencies and counseling centers, these organizations uplift the communities, individuals and causes they serve.

Spotlight

Nonprofit Leadership Alliance

Since 1948, the Nonprofit Leadership Alliance has strengthened the social sector by developing a well-prepared and talented workforce. The Nonprofit Leadership Alliance's flagship programs, the Certified Nonprofit Professional (CNP) credential and Leaderosity, work to strengthen social-impact organizations from the inside out by providing cost-effective talent development solutions.

OTHER WHITEPAPERS
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KINDLY COIN: CREATING MEASURABLE SOCIAL IMPACT

whitePaper | July 4, 2022

The Kindly Ecosystem makes it easy to purchase, track and execute certified measurable social impact on the blockchain. It was built from the ground up to not only be transparent but to also satisfy the needs for Corporate Social Responsibility (CSR).

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The Secrets to Creating a Successful CRM Strategy

whitePaper | November 26, 2019

Our dedicated team has delivered digital projects to over 100 customers in the charity and membership sector. Throughout these projects, as well as dedicated events, roundtables and partnerships, we have learnt a lot about what makes a successful CRM strategy. As part of our commitment to non-profits, we’ve taken some key learnings from our team, our customers and attendees at our events, and compiled this guide to help you in the planning, execution and maintenance of your digital strategy. Thank you to all of our contributors for sharing valuable insight and advice.

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Metrics for Mission Impact How Nonprofits Can Strengthen Outcomes through Quantitative Measures

whitePaper | March 25, 2020

In their seminal article, "Nonprofit Starvation Cycle", Ann Goggins Gregory and Dan Howard exhort nonprofit finance professionals to report to funders the real costs of running nonprofit organizations. The authors explain that the popular trend to restrict funding to specific programs without accounting for infrastructure expenses leads to an unintended consequence, a "nonprofit starvation cycle", where charities cease to function because they can't pay for overhead costs, such as administrative employees, computers and electric bills. To break this unhealthy cycle, the article encourages nonprofits to recalibrate funder expectations by providing accurate financial reports and other supporting information to reflect the true costs of nonprofit operations.

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Building a Data Management Strategy for Your Nonprofit

whitePaper | October 10, 2022

In a digital-first world, every organization needs a data management plan. Yet, fewer than 25% of nonprofits report having a plan in place. This means data is infrequently shared across departments and rarely used to make decisions or predict future stakeholder behaviors.

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Key topics nonprofit organizations should consider

whitePaper | January 14, 2020

Nonprofit organizations operate in a complex and evolving financial world. As one of the world’s largest investment managers, Vanguard has helped thousands of nonprofit organizations navigate their unique investing, organizational, and governance challenges. We recognize nonprofits differ by size, served market, and sophistication. The chief financial officer of a hospital will likely have different needs from the CFO at a college, while the executive director of a small public charity will have different needs from either

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A BASELINE ANALYSIS OF CYBER RISK FACTORS IN THE NONPROFIT INDUSTRY

whitePaper | March 3, 2022

Welcome to this special IRIS Risk Retina® focused on the nonprofit industry! IRIS Risk Retina is a service from the Cyentia Institute built on the highly-regarded Information Risk Insights Study (IRIS) series. The goal of Risk Retina is the same as that of the IRIS research—to offer a clearer focus on cyber risk through real-world data and rigorous analysis. To succeed in this mission, we’ve partnered with Advisen to leverage their Cyber Loss Data containing ~100,000 historical events collected from publicly verifiable sources. It’s the most comprehensive incident dataset we’ve seen and is used by many cyber insurers and reinsurers for that reason. Upon that solid foundation, we add our own supplemental research, data science techniques, and security expertise to provide the analysis presented in this IRIS Risk Retina.

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Spotlight

Nonprofit Leadership Alliance

Since 1948, the Nonprofit Leadership Alliance has strengthened the social sector by developing a well-prepared and talented workforce. The Nonprofit Leadership Alliance's flagship programs, the Certified Nonprofit Professional (CNP) credential and Leaderosity, work to strengthen social-impact organizations from the inside out by providing cost-effective talent development solutions.

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