Risk management is the human activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. - Wikipedia at: http://en.wikipedia.org/wiki/Risk_management Amy Sample Ward

risk management: A general term describing the process of analyzing risk in all aspects of an organization’s management and operations and developing strategies to reduce the exposure to such risks. - GOSW and Forum of Regional Associations of Grantmakers  Amy Sample Ward

Bylaws: Rules governing the internal operation of a nonprofit corporation. Bylaws often provide the methods for the selection of directors, the creation of committees, and the conduct of meetings. - GOSW and Forum of Regional Associations of Grantmakers  Amy Sample Ward