Reply To: Managing and using cash reserves

April 26, 2022 at 11:59 pm #358
Glyn
Participant
    @glyn

    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?

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