Charities and risk management (CC26)

Charities can face a wide variety of risks which could affect their beneficiaries if not dealt with properly.

A risk is any event that could prevent a charity achieving its aims or carrying out its strategies. Some risks charities can face include:

• damage to the charity’s reputation
• receiving less funding or fewer public donations
• losing money through inappropriate investments
• change in the government’s policy on a particular issue, affecting grants or contracts