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Procedures required for grant award risk management

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At this point, you’re likely wondering why risk management is even necessary. To ensure organizational ethics are in place in the event of a funder’s audit or a lawsuit filed by a disgruntled client, participant, partner agency, staff member, or volunteer. It’s better to be safe than sorry!

 Liability insurance coverage for the board of directors

 Sexual molestation insurance rider if you are providing services to youth

 Drug and criminal background screening policies and practices

 Policy for check writing and the number of authorized signatures needed (who can sign and countersign)

 Board of directors composition reflects the population you serve with grant funding

Grant Writing For Dummies

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