MemberOctober 27, 2022 at 12:49 pm
1) What is the recommended investment mix for holding cash reserves for a school? Our funds are invested at 60% equities/40% fixed income along with our other endowed funds.
2) Our reserve requirement is 6 months of expenses, but as expenses have gone up and reserve balances are down, we are now under that threshold but facing need to use those reserve funds for emergent building needs. Any advice? Use them or seek other sources?