Ruthellen Rubin
& Associates

Consulting for Nonprofits and Philanthropies


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  • The Impact of an Infographic
    Prospective donors are bombarded with messages. To get through this deluge of information, we have to stand out in the crowd with . . . . .
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  • Tossing Your Cookies: Grassroots Fundraising at its Best
    When asked, "What is your earliest recollection of making a charitable donation?" most Americans respond: "Buying Girl Scout Cookies." . . . . .
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  • Gen Y or Generation Why They Give
    The members of Generation Y were born between 1977 and 1998. Three of them grew up in my house, so I have a fair sense of what makes . . . . .
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We offer the expertise, resources and personalized attention to help your nonprofit organization realize its full potential. Our team also works with philanthropies to help build strong partnerships.

FUNDRAISING STRATEGIES | BOARD DEVELOPMENT | COLLABORATION | TRANSITION

The Nonprofit Blog

Insurance Coverage for Nonprofits

All too often, Board Members' eyes glaze over when the topic of "insurance" is raised at meetings.  In actuality, not only are boards liable for the decisions they make, the actions of their staff and the accusations of disgruntled employees; but as a board member you could be held personally liable. 

Before joining a board, ask the question:  Do we have Directors and Officers ("D & O") Insurance and if so, how much coverage do we have? D & O Insurance protects an organization's board members and officers from liability in the event a lawsuit is brought against them relating to the organization.   You have probably heard about Princeton University and the litigation of the alleged misuse of Robertson Foundation endowment.   However, small nonprofits face this liability as well.  The D & O insurance covers the board for the decisions they make, employment practices liabilty and fiduciary liability.  

Take a look at this important article from the Nonprofit Risk Management Center.    

My good and trusted friend, Josh Bradford, Risk Management Consultant at Rue Insurance in Hamilton, NJ offers the following sage advice to nonprofits :

  • Remember that nonprofits' needs are unique; find an insurance company that specializes in nonprofits
  • When considering an insurance agent, ask for a number of references of nonprofit organizations similar to yours and CALL THE REFERENCES
  • Find an insurance agent that is pro-active in assessing your particular needs
  • Beware of:  coverage gaps, underinsured property, using a variety of insurance companies, and brokers who are distant and out of touch
  • No matter how trusting you are of your employees....be sure you have Crime Coverage.  Read this great blog posting on Nonprofit Embezzlement -- it's an eye opener! 

 

 

 

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The Nonprofit Board of Directors: Best Practices for Fundraising Success

Business has been booming this summer with many requests for me to facilitate Board Retreats.  The retreats are customized and designed to address the specific challenges facing each group.  However, there are many universal similarities. Is your board facing these challenges that often get in the way of fundraising success?

  • Lack of leadership rotation
  • Weak process of board member recruitment
  • No written Roles and Responsibilities for Board Members
  • Outdated By Laws
  • Confusion of governance vs. operations
  • Misunderstanding of fundraising responsibilities

Take a few minutes to read back to my blog postings of February, 2009 for some great reading and useful links to resources for your board.  Also, be sure to check out my recent article in Success in Fundraising Magazine:  Success in Fundraising Starts with the Board of Directors.   

Good luck!

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Insurance Coverage for Nonprofits

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The Nonprofit Board of Directors: Best Practices for Fundraising Success

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