Reserves are great to have – how to invest and manage them
The webinar and discussion on Nonprofit Reserves: The Real Deal broadened my understanding of reserves beyond the simple image of a “Rainy day fund” to view reserves as a foundation for the capital available to a nonprofit for short, medium, and long term financial health. . One question came up over and over during the session – once you HAVE reserves, how do you invest them? There were questions about risks with investment, staying liquid, and the operational decisions about banks, brokers, and investment choices.
What are your strategies and policies for your reserve funds?