Open Road Alliance Leads Task Force to Create Risk Management Toolkit for Funders.
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“We designed the tool kit very deliberately, so a foundation could take it in total or pick and choose tools à la carte,” said Maya Winkelstein, who served as chairwoman of the group, called the Commons. “Our hope is people will print off the tool kit and bring it to their staff meetings or their board meetings or to their C.F.O. of programming.”
Foundations take a variety of steps to assess potential projects and protect resources, but too often they either seek to avoid risk or, worse, fail to acknowledge it.
Reinventing Risk Management by Open Road’s Maya Winkelstein is included among Exponent Philanthropy’s Outsized Impact stories 2016! We invite you to read these stories, share them with others, and embrace the practices that will help you make the most of your dollars and time. Read Outsized Impact 2016.
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Grant makers should weigh their tolerance for risk and bring that mind-set into their day-to-day operations.
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An Interview with Open Road’s Executive Director, Maya Winkelstein, about Risk in Philanthropy at the Fall 2016 Global Health Practitioner Conference.
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