Everyday we take risks! There is no need to run around
scared all our lives but there is
a need for being and acting smart to try to
reduce your chances of being caught in an unpleasant situation. We all need to understand that in running any business, regardless if it is a
for profit or not for profit, we have risk involved. When you think of security, you might first think of theft, bodily injury, or
other violent crimes. However, you also need to be objective and view risks to
both you and your organization.
Do you have a plan or is your organization covered in case of fire, storm damage etc.?
The Public Entity Risk Institute (PERI) is a dynamic,
forward-thinking organization that serves as a resource to
enhance the practice of risk management throughout organizations
and communities. Serving public entities, small businesses, and
nonprofit organizations, PERI provides relevant and high quality
enterprise risk management information, training, data, and data
analysis.
PERI’s goal is to be an organization that is
seen by its principal customers and stakeholders as the
independent thought leader and definitive resource in the field
of risk management; as a constant innovator; and as a ready
source of practical and highly valued products
PERI’s objectives are to:
Raise our constituents’ awareness and
understanding that managing their organizations’ risk on an
enterprise-wide basis is a critical component of success;
Provide practical, affordable, and easily
accessible enterprise risk management education and training
resources to help PERI constituents effectively manage risk
on an enterprise-wide and community-wide basis;
Serve as a resource center and information
clearinghouse;
Below are a few questions you might want to answer when
thinking about your organization's security needs and risks:
Does your organization need a security alarm?
Is your building location and parking lot well lit?
What type of insurance coverage do you have and is it
enough?
What does insurance not cover?
How are monies handled in your organization?
What are your computer related risks?
As a general rule
nonprofit boards of directors should seriously consider purchasing
"Director and Officers Insurance" to protect the board of directors
from liability in case the nonprofit is sued. See:
Nonprofit Insurance
You may also want to look into bonding the executive director or the persons
handling any money, i.e., purchase a "Dishonesty Bond". Further,
it is important to have additional "Event Insurance" to cover
your fundraising events in case someone slips and falls and permanently injures
themselves. Contact your local insurance agent for their expert advice on the
coverage you might want to check out the Nonprofits' Insurance Alliance of
California (NIAC).
ANI-RRG is the affiliated company of NIAC that will write business outside of
California. ANI-RRG, is a tax exempt 501(c)(3), and is capitalized by grants
provided by the Bill & Melinda Gates and David and Lucile Packard
Foundations. ANI-RRG was licensed by the Vermont Insurance Department in
December 2000. ANI-RRG is currently writing coverage for 501(c)(3) nonprofits in
Colorado, Delaware, District of Columbia, Kansas, Maryland, Michigan, Nevada,
North Carolina, Ohio, Oregon, Pennslyvania, Utah, Virginia and Washington.
Starting September 1, 2003, ANI-RRG will expand into Iowa, Nebraska and
Missouri. Click here to be added to our
mailing list to be kept updated on the expansion efforts. To find out more go
to: http://www.niac.org/
Insurance Information Institute is a non-profit,
educational and communications organization sponsored by the auto, home and
business insurance industry. http://www.iii.org/
Consumer World has gathered over 1,500 of the most
useful consumer resources on the Internet, and categorized them here for easy
access. Loads of useful consumer information. http://www.consumerworld.org/
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