Do you associate enterprise risk management (ERM) with for-profit businesses? This systemic approach to risk reduction can be just as effective when adopted by not-for-profit organizations.

a person holding a magnifying glass to closely look at mechanical wedges; image used for a blog post about ERM systems reducing risk for not-for-profits

Even organizations with limited resources can — and should — use an ERM process to combat threats.


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We hosted our third not-for-profit seminar of 2019, “Nonprofit Governance & Risk Management,” on November 6th. It was a compelling topic to close the year! Our speaker was attorney Nicola Fuentes Toubia, whose work is dedicated to legal and tax issues facing nonprofits.

three rows of people sitting in chairs in an open room, facing towards two speakers and project screens for the seminar "nonprofit governance & risk management"

In her discussion, Toubia provided tips on better governance best practices and offered insight on various areas where organizations are susceptible to risk.


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Insurance is the cornerstone of any not-for-profit’s comprehensive risk management plan. It can’t protect your organization from every contingency, but it’s critical to protecting the people, property, funds and support you depend on.

Must-Have Policies
Many kinds of coverage are available, but it’s unlikely your organization needs all of them. One type you do need