1 in 5 projects encounter unexpected obstacles
83% of funders don't budget for contingencies
48% of non-profits are uncomfortable talking to their funders about risk

Risk & Philanthropy

The world is unpredictable. However, the philanthropic financial market is not structured to deal with the unexpected.

No industry standards currently exist for discussing, assessing, or planning for risk in philanthropy. Few grantmakers assess risk during the grant application process, and even fewer have processes in place to respond to anticipatable risks once a project is underway. The problem is not that philanthropists consciously seek to avoid risk; in fact research shows that funders often describe themselves as risk-taking. The problem is that, without the appropriate structures in place, philanthropy’s noble intention to take risks for the common good remains largely a noble intention. Without taking steps to accurately identify, understand, and manage risk, philanthropy’s ability to play the risk-taking role it has set itself is severely limited. By the same token, foundations have a significant opportunity to increase the impact of their grantmaking by taking concrete steps to proactively identify, measure, and mitigate risk. Through research, collaboration, and advocacy, Open Road Alliance hopes to solve this gap in practice by providing tools, templates, and best practices for risk management in philanthropy.

In addition to this work, we provide the necessary, fast, flexible capital to help organizations overcome the unexpected.

Open Road In The News

News / Aug. 22, 2019
Open Road Alliance
We're Hiring! Director of Communications
Open Road is hiring! Join out impact-focused team as the Director of Communications.
News / Jul. 30, 2019
Finding Impact
Podcast: Funding for when things go wrong, with Caroline Bressan of Open Road Alliance
by Caroline Bressan & Andy Narracott
Director of Social Investments, Caroline Bressan, interviewed on the Finding Impact podcast.
News / Apr. 8, 2019
Fast Company
2019 World Changing Ideas Awards
Open Road's loan fund, Open Road Ventures, was recognized in the category of General Excellence in Fast Company's 2019 World Changing Ideas Awards.
News / Mar. 13, 2019
ImpactAlpha
Broaden the talent pool and cultivate an “impact mindset” as a competitive advantage
by Caroline Bressan
Our Director of Social Investments, Caroline Bressan, was featured in ImpactAlpha where she shares three priorities for talent development in the impact investing space so that we collectively move towards a fairer market.