OceanPoint Insurance hosts workshops to strengthen nonprofits

MIDDLETOWN – OceanPoint Insurance, a subsidiary of BankNewport and OceanPoint Financial Partners, will host a series of workshops to discuss issues affecting nonprofits, the company recently announced.

The first workshop in the 2019 Nonprofit Workshop Series, titled “Sensible Stewardship: Managing Governance Risk,” is scheduled for April 16 at two locations: the Rhode Island School of Design Museum, 20 North Main St., Providence, starting at 9 a.m., and at the BankNewport Corporate Training Center, 184 John Clarke Rd., Newport, starting at 2 p.m.

The two-part workshop will focus on helping nonprofits to anticipate and avoid board governance dangers. It will provide an overview of governance board best practices, and then pivot to risks that boards might have to face such as crisis management, recruitment red flags and legal compliance for boards, according to organizers.

Additional workshops on other topics will be held through 2019, focusing on active threat/shooter preparedness, unemployment trends and funding, and developing a culture of safety.

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David Madara, OceanPoint Insurance’s nonprofit practice leader and client relationship manager, is slated to lead the April 16 workshop that will feature remarks by Melanie Lockwood Herman, executive director at the Nonprofit Risk Management Center, and a panel discussion aimed at promoting effective governance policies.

“Nonprofits provide society with a wealth of services that strengthen our communities, but they face a variety of challenges that prevent them from fulfilling their mission,” Madara said. “Our workshop series can help nonprofit leaders anticipate issues and plan how to respond to those matters when the time comes.”

Panel members for the April 16 workshop include Lockwood Herman; Linnea Michel, founder and president of the Legal Center for Nonprofits Inc.; David Preston, founder and owner of New Harbor Group; and Ron Bouchard, vice president of cash management at BankNewport.

“Rhode Island has one of the highest number of nonprofits per capita in the country,” said OceanPoint Insurance President and CEO Douglas Mayhew, “and OceanPoint Insurance is proud to help empower local and regional nonprofits with knowledge that can help strengthen their causes.”

Scott Blake is a PBN staff writer. Email him at Blake@PBN.com.