Keeping It in Reserve: Grantmaking for a Rainy Day
Many nonprofits know that they should be building reserves over time, but find it hard to do so without hobbling their work. Perhaps with a better un…
Article Topic: Nonprofit Reserves
The Looking-Glass World of Nonprofit Money: Managing in For-Profits’ Shadow Universe
Take this true/false test—but be careful; it is more difficult than it seems. Then, read for yourself how our shadow universe compares to the “r…
How to Think Differently about Your Money: Capital Explored
When you use the word “capital” in the nonprofit sector, you must take the time to define your terms, because so far there is no thorough unders…
Why Funding Overhead Is Not the Real Issue: The Case to Cover Full Costs
Big strides have been made recently in the acknowledgment that overhead ratios are poor indicators of an organization’s impact or financial efficien…
Operating Reserves with Nonprofit Policy Examples
Operating reserves should not be used to cover a long-term or permanent income shortfall. Reserves can allow an organization to weather serious bumps …