Using Surplus Budgeting to Advance and Sustain Your Mission

Written by Maria L. Murphy for the Journal of Accountancy in February 2017, this article approaches the issue of surplus budgeting through a case study of a waterfowl and wetlands conservation organization called Ducks Unlimited:

“The organization continues to use a surplus budget approach to strengthen its financial position and grow its unrestricted net assets to weather any short-term declines in philanthropy or liquidity issues and to be able to make strategic investments critical to its mission.”

It concludes with some surplus budgeting tips.

Read the case study.