Categories
Resources for Nonprofit Directors

Grand Rapids finance park teaches students real-world money strategies [Video]

GRAND RAPIDS, Mich. — A Grand Rapids nonprofit commemorated the opening of a handful of new spaces meant to support students Monday.

There was a ribbon-cutting ceremony for the Karl & Susan Hascall JA Finance Park along with six others. It’s all thanks to a program operated by the Junior Achievement of the Michigan Great Lakes (JAMGL).

Their goal is to give students their best shot at life after graduating, incorporating real-life scenarios they should know.

“We have this partnership with JA that allows us to offer exposure for young leaders and how they think about their careers and provide that important financial literacy at the same time,” says SpartanNash CEO Tony Sarsam.

The program is open to students in eighth through 12thgrade. Attendees will spend a full day at the finance park, where they will be instructed to establish a monthly budget paired with a randomly chosen career …

Watch/Read More
Categories
Resources for Nonprofit Directors

Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register