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 ...
Safeguard Your Impact
In an uncertain world.
How Much Impact Is the Social Sector Willing to Lose?
Nonprofit leaders and social entrepreneurs are tackling some of the most pressing issues of our time. Yet the journey towards impact is filled with uncertainty. One in five projects encounter unexpected obstacles along the way—and nearly half of these are funder-created. To safeguard impact, the social sector needs a plan for managing risk.
It's Time to Talk About Risk
Risk management means taking steps to maximize the likelihood of achieving impact. We offer funders tools and guidance on how to assess, monitor, and budget for risk; how to talk about risk with grantees; and how to manage risks to impact when they arise.
Roadblocks Faced By Category
Acts of God / Economics
We Support the Adoption of Four Key Practices
Build a Risk Profile
Risk tolerance varies by organization and even by project. Explore the subjective side of risk and how it lines up with your goals and values.Learn More
Budget for Contingencies
As you develop your grantmaking strategy, ensure that your budget accounts for contingencies and aligns with your risk profile.Learn More
Evaluate and Mitigate Risk
Work with grantees to evaluate the likelihood and severity of risks to impact, and craft a plan for mitigating these risks should they occur.Learn More
Track and Learn from Risk Data
Explore tools to monitor and evaluate risk data by integrating risk tracking capabilities into your existing systems and use them to inform future investment decisions.Learn More
Partner With Us
Get in touch to learn more about how we can help.
Open Road partners with organizations and funders across the social sector to accelerate the adoption of risk management practices from application to impact.
The social sector continues to adapt to our ever-changing world. Learn how our partners are working to safeguard impact.
The Open Road Alliance exemplifies how philanthropy can meet a crucial need in the sector by providing responsive and flexible risk capital to mid-implementation projects.
However, in the world of philanthropy, organizations such as the Open Road Alliance are working to educate foundations and nonprofits about the concept of impact risk management.