The value of preventative measures is difficult to quantify. However, risk management is unquestionably linked to the failures and successes of an organization. Education institutions face an endless list of threats to their missions and objectives. The true extent of fraud remains unknown because the majority of fraud is never detected. The rise of information security risk is an irreversible trend becoming more pervasive every day. An individual’s power to impact reputations is increasing in this fast-paced age of social media. Risk management involves identifying, analyzing, responding to Financial, Compliance, Operational, Reputational, and Strategic risks and opportunities. We will discuss developing and improving policies and procedures to help Institutions manage these risks to be even stronger stewards of the public’s resources. This session will help officers and directors with ensuring the organizations they serve have systems in place to minimize threats and realize maximum potential.