• glyn

    Member
    April 26, 2022 at 11:59 pm

    There are at least 3 reserve funds for a nonprofit where I serve on the board: one reserved for the building, another a board reserve fund, and another reserved for artistic exploration. Do we need to have 3 separate reserve policies, or is there one policy with subsections based on who can release the reserve or what the reserved funds are for?

Join a space designed to foster support, inclusivity, and respect for every voice.

Ask questions, share experiences, and connect with peers and experts who value your insights. Your contribution is invaluable - forum members bring a wealth of knowledge and experience, crucial for mutual growth and learning. We cherish your expertise and would love to have you enrich our forum! Let's build together, learn together, and support one another.