Risk Management Toolkit

This Toolkit is the first practical, comprehensive framework providing guidance to funders on how to implement best practices in risk management. The Toolkit includes ten adoptable and adaptable tools that cover a spectrum of practice including how to determine your organizational risk profile and how to integrate specific financial, governance, and other procedural risk management activities into daily philanthropic practice. The tools are designed to be used in total or a la carte. Ultimately, the Toolkit is meant to facilitate and mainstream comprehensive risk management in philanthropy in order to preserve and maximize impact.

 

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More Tools Resources

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Open Road Resource
Risk in Philanthropy: A Framework for Evaluation
This brief framework is designed to provide grantmakers and NGOs with tools to conceptualize and describe risk and its implications within the scope of their philanthropic work.
Open Road Resource
Foundations Don’t Know What They’re Risking
Critical gaps exist in philanthropy’s definitions of and approach to risk management. This article describes the scope of the problem and a framework for philanthropists to adopt risk-management practices that better equip the sector to address the challenges of our time.
Open Road Resource
Contingency Strategies, Mitigation Strategies
How to Build Effective Funder-Grantee Relationships
One of the most fundamental aspects of risk management lies within the funder-grantee relationship itself. Use this tool to build transparency and trust between funders and nonprofits.
Open Road Resource
Group of business people having a business meeting
How to Implement Non-Financial Risk Mitigation Strategies
Financial support is not the only way to mitigate risk, and it is not necessarily the most effective measure in every circumstance. This document outlines non- nancial strategies that funders could consider pursuing to partner with grantees in addressing and mitigating risks.

 

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Foundations Don’t Know What They’re Risking

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