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Reply To: Private: Inflation outside of salaries?

Salaries are the biggest for our org for sure! We went fully remote during the pandemic and will stay that way, so rent isn’t an…

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Reply To: Private: Managing and using cash reserves

Thank goodness for organizations like Human Services Council, (for nonprofits), LiveOn NY (for aging network services) and United Neighborhood Houses (for settlement houses.) They are…

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Reply To: Private: Managing and using cash reserves

I am struck by this paragraph of yours Nancy: “Three nonprofits in my sector went out of business in the past two years and left…

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Reply To: Private: Managing and using cash reserves

I think the article is absolutely helpful in considering the pros and cons of endowments and reserves. I have had the experiences described in the…

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Reply To: Private: One time windfall

I’m wondering how equitable practices and the voices of people an organization serves might be included in the process more? With so many boards not…

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Reply To: Private: Inflation outside of salaries?

That is a great question. Do salaries get the most attention because they are, as you said, the largest percentage of the budget and really…

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Reply To: Private: Inflation outside of salaries?

This is a nice question. I wonder if the lack of response means that salaries indeed are the one overriding issue here. What else might…

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Reply To: Private: Managing and using cash reserves

Thanks to Ruth for posting up that old summary of arguments about endowment building. It has had a lot of staying power since it was…

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Reply To: Private: Managing and using cash reserves

I thought I’d take the opportunity to link to an article by Mark Hager, one of the moderators on this site, entitled “should your nonprofit…

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Reply To: Private: Managing and using cash reserves

Having both reserves and endowment gives me as the Executive Director/CEO some comfort and freedman to be innovative and timely in responding to needs. For…

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