Showing posts with label Organization. Show all posts
Showing posts with label Organization. Show all posts

Sunday, October 27, 2013

Comprehensive Information on D&O Liability for Small Nonprofit




2013

Providing Small Nonprofits with BIG Insurance and Employee Benefits 
     
There are several programs which can protect your organization, are easy to implement, and may even save your organization money.

As a member of NYCON, organizations are eligible to obtain the endorsed Directors' & Officers' (D&O) Insurance.
 To become a member of NYCON click here.

For over 45 years NYCON has sponsored great insurance programs for itself and its members.  The Directors' & Officers' Liability Insurance offers LIMITS OF LIABILITY at $1 Million or $2 Million.  The endorsed program underwriter is The Chubb Group of Insurance Companies.
  
Annual Premium Rates for NYCON Members Starting At: 

$675 for $1 Million Limit of Liability* 

$1,075 for $2 Million Limit of Liability* 

 *Pending total number of employees

  
The features of the NYCON endorsed D&O policy include*:

  • Separate limits for both D&O and EPL coverage
  • Loss only deductible
  • Coverage outside Directorship - This extension affords coverage for an Insured Person serving in the capacity of a director of an Outside Entity.
  • Coverage for claims allegin Wrongful Act; including Employment Practices and Personl Injury not covered under General Liability and Professional Liability insurance policies
  • Coverage for all Directors, Officers and employees; including staff, volunteers and committee members
  • Entity Coverage - Claims may be made against the organization itself
  • Any expenses incurred to defend you are paid for in addition to the limits stated in your policy


Additional Benefit:

Access to a toll-free Employment Practices Hotline.  Participants can call in and speak with a qualified employment practices professional from a nationally recognized law firm.

Rates for NYCON Members Starting At:


$675 for $1 Million Limit of Liability* 

$1,075 for $2 Million Limit of Liability* 

  

Eligibility Highlights**:  
  • Under $5,000,000 annual revenue
  • Total 500 employees/volunteers or fewer
  • Positive fund balance and operating income
  • Must be an eligible class of business
  • No prior and/or pending claims
  • Operational for at least 12 months
**Must be a New York organization incorporated as a nonprofit with a 501(c) tax status, a member of NYCON and located in NY.



~Note: D&O insurance, which indemnifies an organization and its officers for alleged wrongful acts resulting from the "management and governance of the organization", should not be confused with General Liability insurance, which protects the nonprofit against liability for property damage, bodily injury, and/or personal injury that it allegedly caused.
CSPlus Logo

For more information, please contact one of our Licensed Account Representatives at (877) 501-4277 or nycon@councilservicesplus.com 

NYCON
Council Services Plus is the Insurance Brokerage Subsidiary of the New York Council of Nonprofits, and provides its members with insurance and employee benefits.

Thursday, October 24, 2013

Update Your SEFA Profile



Is Your Nonprofit Raising Money through SEFA?
Update Your Profile Online Today.
As you know, SEFA is the State Employees Federated Appeal. SEFA is a charitable solicitation of New York state employees conducted under the authority of State Finance Law § 201-1.

State employees may give to any of the charitable organizations that participate in SEFA and may at any time revoke or modify a contribution made through payroll deduction by providing a written request to the employee's payroll office.  Many of you already participate and raise funds through this campaign.

IMPORTANT: If your organization has recertified with SEFA this year you should review the online directory of charities as well to make sure your listing is there and correct.

Important: If it is not, please email  Suzanne Maloney, SEFA Director(suzanne@sefanys.org).  

You may also choose to email Joanne Macklin at Community Works as they are attempting to track the extent to which any nonprofit is having trouble getting their information updated.

 
Thank You. 


Thursday, October 10, 2013

Comprehensive Information on D&O Liability for Small Nonprofits


2013

Providing Small Nonprofits with BIG Insurance and Employee Benefits 
     
There are several programs which can protect your organization, are easy to implement, and may even save your organization money.

As a member of NYCON, organizations are eligible to obtain the endorsed Directors' & Officers' (D&O) Insurance.
 To become a member of NYCON click here.

For over 45 years NYCON has sponsored great insurance programs for itself and its members.  The Directors' & Officers' Liability Insurance offers LIMITS OF LIABILITY at $1 Million or $2 Million.  The endorsed program underwriter is The Chubb Group of Insurance Companies.
  
Annual Premium Rates for NYCON Members Starting At: 

$675 for $1 Million Limit of Liability* 

$1,075 for $2 Million Limit of Liability* 

 *Pending total number of employees

  
The features of the NYCON endorsed D&O policy include*:

  • Separate limits for both D&O and EPL coverage
  • Loss only deductible
  • Coverage outside Directorship - This extension affords coverage for an Insured Person serving in the capacity of a director of an Outside Entity.
  • Coverage for claims allegin Wrongful Act; including Employment Practices and Personl Injury not covered under General Liability and Professional Liability insurance policies
  • Coverage for all Directors, Officers and employees; including staff, volunteers and committee members
  • Entity Coverage - Claims may be made against the organization itself
  • Any expenses incurred to defend you are paid for in addition to the limits stated in your policy


Additional Benefit:

Access to a toll-free Employment Practices Hotline.  Participants can call in and speak with a qualified employment practices professional from a nationally recognized law firm.

Rates for NYCON Members Starting At:


$675 for $1 Million Limit of Liability* 

$1,075 for $2 Million Limit of Liability* 

  

Eligibility Highlights**:  
  • Under $5,000,000 annual revenue
  • Total 500 employees/volunteers or fewer
  • Positive fund balance and operating income
  • Must be an eligible class of business
  • No prior and/or pending claims
  • Operational for at least 12 months
**Must be a New York organization incorporated as a nonprofit with a 501(c) tax status, a member of NYCON and located in NY.



~Note: D&O insurance, which indemnifies an organization and its officers for alleged wrongful acts resulting from the "management and governance of the organization", should not be confused with General Liability insurance, which protects the nonprofit against liability for property damage, bodily injury, and/or personal injury that it allegedly caused.
CSPlus Logo

For more information, please contact one of our Licensed Account Representatives at (877) 501-4277 or nycon@councilservicesplus.com 

NYCON
Council Services Plus is the Insurance Brokerage Subsidiary of the New York Council of Nonprofits, and provides its members with insurance and employee benefits.

Wednesday, September 18, 2013

NYCON's Upcoming Events & Trainings



[Tomorrow!] Organizational Capacity Assessment Clinics for 
Mid-Hudson Valley Nonprofits [Poughkeepsie]
NYCON Staff Experts - September 18th, 2013    

In this 45-minute session our staff experts will help to answer your "big picture" organizational questions. Session topics may range from day-to-day operations, program development, legal or human resource issues, to administrative and governance challenges among others.
A 45-minute session may not be enough to answer all of your questions of course - in fact it may just start a conversation. If, at the completion of the clinic session, you feel that you would like to continue working with NYCON there are options to help you do that.
Funding is available for additional technical assistance, consulting, training or meeting facilitation and more from The Dyson Foundation's Mini-Grant Program or perhaps even their Nonprofit Strategic Restructuring Initiative, if your organization is contemplating a serious collaboration or merger with another entity.
dyson fdn logo onlyMore information on available capacity building funding & resources. The Dyson Foundation Mini Grant Program enables nonprofit board, staff, and volunteer leaders to develop new skills by providing organizations with financial support to hire consultants to lead specific capacity building activities. Mini-grants may also be used to defray the cost of conferences, seminars, and other training opportunities for staff and board.
Our Expert Staff Include
 
Michael West, Esq. 
 
Meetings with Michael West, Esq. can cover topics areas related to nonprofit Legal, HR, Policy Development, Contracts or other topics that are compliance or accountability related. Please have your questions ready.


 
Audrey Grifel, Capacity Building Advisor Meetings with Audrey Grifel, Capacity Building Advisor, can cover topics related to general nonprofit governance, leadership, structural or operational issues including board recruitment and development, fund development and strategic planning issue.


[Thursday!] NYS Grants Gateway Webinar #2: Best Practices for Governance & Policies [Members Only]
September 19, 2013 from 10:30 AM to 12:00 PM
Register Here
Are you in the process of becoming 'prequalified' with New York State in order to receive funding for a contract currently in place or for future funding for which you'd like to be considered? Your prequalification status may be delayed for multiple reasons. If your application is being held (or if you haven't been able to complete it) due to questions about any of the following reasons this webinar will be a great resource for you.
  • Operational documents (charitable determination letter from the IRS, audit, IRS Form 990, Organizational chart, etc.)
  • Governance Policies & Practices (internal controls, separation of duties, nepotism and other clauses in your bylaws and personnel policies)
  • Other Documents or Governance Policies that you don't have and aren't sure how to create.
In this session we will be focusing on best practices for nonprofit governance and policy creation as they relate to the Grants Gateway portal, the prequalification questionnaire and the online Document Vault. We will also be discussing the options and process for NYCON assistance available to you as a member.  

Join us on Thursday, September 19th, 2013 from 10:30am to 12:00pm
 to learn what your organization needs to do by way of best Governance and Policy practices in order to become a prequalified nonprofit with New York State.Register Here



Fundraising on a Napkin: An Interactive Workshop for Bigger, Better Fundraising  [Utica]


Camp Finance: Rethink, Retool, & Reboot! Preparing for Better Days Ahead
October 10th & 11th, 2013    New Paltz, NY 
With Special Keynote Speaker Dan Pallotta
Workshop Descriptions Online, Register Now!  

Camp Finance is truly an experience you'll never forget! Our annual conference is almost here, and we have a few exciting announcements for you! Workshop Descriptions & Agenda Online Now. Click HERE 
Join us at the Mohonk Mountain House for Camp Finance 2013!
  
We are happy announce our current agenda and workshop descriptions for this year's Camp Finance.

Also new, we have available a printable paper-based registration form for your convenience.

Questions? Please contact our Membership & Marketing Associate, Amber Vanderwarker at (518) 434-9194 ext. 126 or email her atavanderwarker@nycon.org for further details or questions.
We do expect this event to sell out the capacity of the Mohonk Mountain House, so please register soon! 


What Funders Need to Know About the New York State Grants Gateway [Funders Only Webinar]
October 16th, 2013 10:00AM to 11:30AM
Presented by Doug Sauer, CEO, NYCON and
Michelle Jarvais, CFO, NYCON

This free session is exclusively for funders and provides insights gleaned from NYCON's unique knowledge and perspective of the Gateway from work with hundreds of nonprofit members statewide.NYCON has also worked in partnership with the State of New York in developing webinar training content and a FAQ tool on the topic, has conducted webinars serving over 400 participants to date, and has gone through the Gateway process ourselves. 

 
  
As a funder in New York you may be aware that many of your nonprofit grantees are in the process of becoming 'prequalified' with New York State.
All nonprofits must now go through the "Grants Gateway" and become "prequalified" by NYS in order to receive funding for a state contract currently in place or for future funding for which they would like to be considered. This initiative aims at raising the governance and operational standards for state grantees while down the road making the contracting process easier and more efficient.
There are bumps in the road however that may result in current contract renewals being delayed. As a philanthropic investor or local government grant source, you should know how this prequalification process affects your applicants, grantees and funding criteria strategies. 



Beyond Collaboration:
Exploring & Navigating Corporate Affiliations
[October - December] A Series of Free Workshops Provided to Mid-Hudson Valley Nonprofits by the New York Council of Nonprofits with Support from The Dyson Foundation 
Presented by Doug Sauer, CEO of NYCON, Dave Watson Senior VP of Legal Accountability and Compliance Services
Locations: Middletown   Kingston  Hudson


Perhaps now more than ever, community-based nonprofits are seeking ways to do business differently and are exploring whether affiliation may be a path to sustainability and growth.  Join NYCON's highly experienced staff experts in learning about the various forms, processes, potential benefits and risks associated with corporate affiliations,including merger, acquisitions, subsidiary relationships and shared service arrangements.
Who Should Attend:   
  • Board members
  • Executive Directors/CEOs
  • CFOs and other nonprofit leaders
The "Beyond Collaboration" Workshops are provided as a part ofThe Dyson Foundation Nonprofit Strategic Restructuring Initiative. This initiative is available to help nonprofit organizations, libaraies or units of government based in the Mid-Hudson Valley (Columbia, Dutchess, Greene, Orange, Putnam, and Ulster counties) move from the exploring the feasibility of strategic restructuring, to planning the restructuring and implementing the plan, to enhancing the restructured entity. Funding is available for additional technical assistance, consulting, training or meeting facilitation and more. If, after this session, your organization is contemplating a serious merger or restructuring, then we encourage you to take advantage of this valuable resource through The Dyson Foundation.

Workshop Dates & Locations:
OCTOBER 22nd 9AM-12:00PM - Middletown - Hampton Inn
OCTOBER 23rd 9AM -12:00PM- Kingston- Courtyard Kingston
DECEMBER 11TH 9AM- 12:00PM- Hudson - St. Charles Inn