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.
“This is the first-ever detailed and comprehensive look at New York City’s nonprofit sector,” said David Rivel, president of The Jewish Board, the largest social services nonprofit in New York. “The scope of the data is impressive and will provide nonprofits – and those that care about them – lots to chew over for years to come.”
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