Related resources for managing risk

Funding agreements will usually involve some implicit risk sharing. These Treasury contracting guidelines include advice on how to identify and manage risks.

The Ministry of Social Development's Risk Management Guidelines helps staff to better manage and minimise the risks associated with their work.

NZAID's Kaihono hei Oranga Hapori o te Ao – Partnerships for International Community Development is the primary mechanism for supporting the work of New Zealand NGOs who are working with local partners overseas. This funding handbook explains the process.

This report by the Auditor-General discusses poor decision-making practices involving significant expenditure, inadequate management of conflicts of interest and unacceptable practices concerning management expenses – practices damaging to the credibility of a public entity.

In 2008, the Auditor-General examined the effectiveness of NZAID’s management of overseas aid programmes, given the increases in budget since it was established in 2002. The review focused on how NZAID planned, implemented, monitored, and evaluated its overseas aid programmes.

This report by the Auditor-General is a performance audit of New Zealand Trade and Enterprise (NZTE) grants programmes following the merger, in July 2003, of Trade New Zealand and Industry New Zealand. It recommended NZTE apply sound administrative principles and standards to all aspects of its grants programmes.

This report by the Auditor-General discusses the managed visit programme for companies and individuals considering New Zealand as a location for establishing operations. It recommends establishing robust policies and processes for the administration of the programme to minimise the risk of inappropriate expenditure, ensure adequate record keeping, and to improve transparency.

This study examines trustee fees in the United States, looking at returns submitted to the IRS by 238 foundations. It documents the number of trustees receiving fees, the range of fees, the aggregate cost of fees and the number of grants distributed.

This discussion paper explores the nature of risk and how it applies to grant-making. It sets out the challenges for grantmakers and aims to promote debate. As well, it looks at the experience of foundations in handling risk and the dilemmas facing the Big Lottery Fund in the United Kingdom.