The COVID-19 pandemic caused many economic challenges. Many non-profit organizations experienced a reduced level of donations and limited options for fundraising. Unfortunately, they may also be facing another crisis in the making, increased insurance premiums as the insurance industry continues to “tighten” or “harden” from social inflation. Non-profits and for-profit organizations alike need to deal…
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Important Risks Nonprofit Board Members Need to Understand
Many people don’t realize that, in many ways, non-profit organizations run the same way for-profits organizations run, at least those with employees. As such, nonprofit organizations are accountable for their employment practices, and so are their board members. Employment practices are making headlines today with an increased focus on diversity and harassment. However, employment practices…
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