Late last month, New York’s nonprofit community turned its attention to the Human Services Council’s examination of the pressing challenges facing nonprofits in the state…After just a few weeks, another report has come along to pick up where HSC left off. “Risk Management for Nonprofits” – the result of a partnership between SeaChange Capital Partners, a merchant bank that focuses on the nonprofit sector, and Oliver Wyman, a global management consulting firm – acknowledges the same environment that HSC highlighted, but focuses its recommendations on point-by-point steps that nonprofits and their trustees should take to stay afloat in a turbulent operating environment…
