Nonprofits need to address DEI -- diversity, equity, and inclusion. But that effort is not without peril. To help you brainstorm potential pitfalls, we asked the popular AI program ChatGPT to identify common DEI risks.  The Nonprofit Risk Management Prompt We seeded...

Nonprofit risk management often focuses on operational issues -- physical dangers and potential legal exposures. One hotbed of nonprofit risk, however, includes the development function. If your nonprofit does not bring in sufficient revenues, it will not thrive. If...

Compliance is one of the hardest nonprofit risk management tasks. As nonprofits grow, they are subject to local, state, and national laws, plus grant strictures and other compliance tasks. This week's post in this series asks the popular AI program ChatGPT to note...

Nonprofits know it is important to plan. But what risks can arise from planning (or lack of it) that should be accounted for as part of nonprofit risk management? This week's post in this series asks the popular AI program ChatGPT to answer that question.  The...

Governance is an important aspect of nonprofit risk management. So what risks can be presented within the governance function? This week's post in this series asks the popular AI program ChatGPT to answer that question.  The Nonprofit Risk Management Prompt We seeded...

    Warren Buffett is said to have noted that it takes 20 years to build a reputation and five minutes to lose it. For nonprofits, reputation is everything. With a good reputation, the money flows in. Lose your reputation, and the money dries up. As a...