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Non-Profit Risk Management

Florida Library Association & Stetson University College of Law Dolly & Homer Hand Law Library. Non-Profit Risk Management. Consider & Plan. What can go wrong in our organization? How can we prevent these things? What is our damage control if they still happen?

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Non-Profit Risk Management

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  1. Florida Library Association & Stetson University College of Law Dolly & Homer Hand Law Library Non-Profit Risk Management Professor Rebecca S. Trammell

  2. Consider & Plan • What can go wrong in our organization? • How can we prevent these things? • What is our damage control if they still happen? • If we are sued how will we pay • Lawyers • Court judgments (if we lose) • Out-of-Court settlements

  3. Questions • Do we have an office? • Does the office keep cash? • Is our office open to the public? • Do we have employees? • Do we have volunteers? • Do we hold events? • Do we handle cash? • Any driving as part of their non-profit activities?

  4. Consider • Common types of litigation • Contract disputes • Employment claims • Personal injury • Who can be liable • Non-profit employees • Non-profit volunteers • Non-profit board • Non-profit entity

  5. Focus on Prevention • Establish written workplace policies • Sexual harassment • Antidiscrimination • Workplace Safety • Inform everyone • Provide ongoing training • Maintain a safe working environment • Review policies & procedures & update regularly

  6. Insurance • Employment Insurance • Workers Compensation • Unemployment Insurance • General Liability Insurance • Property Insurance (owners & renters) • Property & Assets • Auto Insurance • Directors & Officers Insurance • Professional Liability Insurance

  7. More About Insurance • Understand what’s covered & what’s not • Review your coverage regularly • Comparison shop • Consider a broker • Talk to other non-profits

  8. Other Topics in this Series • Non-Profit Basics • Tax Exempt Status • Donations & Fundraising • Non-Profit Board Members & Officers • Non-Profit Employees & Volunteers • Non-Profit Risk Management • Non-Profit Income & Records • Useful Non-Profit Resources

  9. Remember This presentation provides information, not legal advice. Always consult an attorney for legal advice.

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