Risk

Insurance for the nonprofit sector: Is the glass half full or half empty?

Written By: Louise Chatterton Luchuk
October 24, 2005

Understanding the nonprofit insurance situation is a bit like trying to decide if the glass is half full or half empty.

Risk management: You need a risk management strategy and plan

Written By: Paulette Vinette
September 26, 2005

This article is the third in a four-part series offering risk management approaches to not-for-profit organization leaders and volunteers. This article examines risks that involve technology and intellectual property and we provide advice on developing a risk management strategy and plan.

Risk management: A people issue

Written By: Paulette Vinette
August 22, 2005

This is the second in a series of four articles on risk management ideas for not-for-profit organization leaders and volunteers. In this article, we focus on risk management prevention strategies to avert human resource-related risks.

Nonprofit fraud: Focus on segregation of duties and good reporting procedure

Written By: Gary Moulton and Kevin Wilson
September 20, 2000

Opportunity generally arises through an organization's non-existent or ineffective internal controls. The more checks and balances an organization has the fewer the opportunities for the fraudster to take advantage.

Christian Brothers decision marks fundamental shift in liability concerns

Written By: Don Bourgeois
August 16, 2000

A new decision from the Ontario Court of Appeal has ruled that all of the assets of a charity are available to pay for damages. How will this affect you?

Nonprofit fraud: What are the key indicators?

Written By: Stuart Douglas & Kim Mills
August 16, 2000

We probably hear or read about fraudulent activity, on average, at least weekly. The headlines confirm that fraud does occur in NPOs and, in some instances, may have a significant impact on their continued viability.

Delegation of investment decision-making still an uncertain business

Written By: Terry Carter
May 10, 2000

Most Ontario charities are aware - or should be - that they should address the potential for liability arising when their board of directors continues to delegate investment decision making to a discretionary investment fund manager.

Vicarious liability for wrongful acts of employees of charitable and nonprofit organizations

Written By: Don Bourgeois
May 10, 2000

Looking at tort law and how that affects charities and wrongful acts committed by employees.

Rebuilding after the storm

Written By: Jim Campbell
September 27, 1999

It is a rare organization that has never gone through a period of turmoil, which may have even threatened its continued existence. Crisis can have a disheartening impact on all concerned. It can be the death knell for an organization or a time for renewal and revitalization.

Potential for director's liability substantial

Written By: Don Bourgeois
August 25, 1999

Charitable and nonprofit organizations in Canada are facing a wide variety of legal issues, including those made through inadvertence, negligence or misunderstanding, and may be involved in legal proceedings they could have avoided.

Directors and officers liability insurance: An overview

Written By: Maureen Fitzgerald
July 16, 1997

An article descibing how to find the most appropriate form of liability insurance.

Charities should protect their trademark asset

Written By: Terrance S. Carter
June 18, 1997

An essential part of every charity, trade-marks can be lost if they are not properly protected. If your organization wants to avoid the possibility of losing its trade-marks or trade-mark rights by default, it must be proactive.

Volunteer board members have legal liabilities

Written By: Brian Lechem
July 17, 1996

This article details volunteer board members' legal responsibilities.

Excessive caution can cost you money

Written By: Winsor Pepall
November 27, 1995

This article explains how and why risk avoidance with nonprofit organization's funds can be costly.

Charities have a major responsibility under the criminal code

Written By: Joe deKort
July 4, 1995

Article describing how charities and board members can be held responsible for gaming infractions.