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As with any other part of your financial plan, philanthropy can involve some risks. A recent survey of donors and nonprofits found that one in five projects are negatively affected by risk. [1] 1] So, its essential to integrate strong riskmanagement practices into your philanthropic activities. Governance risk.
Compared to other nonprofits, community foundations enjoy distinct flexibility in pursuing programmatic goals, thanks to the variance power granted to them by law and the multiple types of component funds they can operate. SOLUTION Brown Advisory helps clients approach decisions from a riskmanagement perspective.
Compared to other nonprofits, community foundations enjoy distinct flexibility in pursuing programmatic goals, thanks to the variance power granted to them by law and the multiple types of component funds they can operate. Brown Advisory helps clients approach decisions from a riskmanagement perspective.
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