The staff of the Boys & Girls Club of Bay County, Fla., was overjoyed when the organization received a donated trolley bus from the county transportation organization. The club, which picks up kids from 10 area schools, has two full-size buses and two vans, but it wanted to serve additional schools.
The trolley will get a full safety check-up from both the county and the club before it’s put on the road, said Executive Director Paul Mosca. It will, of course, also be insured under the club’s liability insurance policy.
Having the right insurance is key for nonprofit organizations, not only to manage risks but also because some business contracts, such as rental agreements or grants, insist on certain coverage. And the right coverage policies can be expensive.
The recent economic crisis has intensified challenges throughout the nonprofit sector. Nowhere is the strain felt more than in the field of out-of-school time (OST) where an “Accordion Effect” — the simultaneous top-down pressure for accountability and bottom-up pressure to meet the ever-growing demands of communities that have been hit the hardest, has metaphorically squeezed the quality out of programs.