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Reply To: Reserves are great to have – how to invest and manage them
I work primarily with very small organizations (up to $2M budget) who are mostly taking baby steps toward building reserves – once we establish what…
Reply To: Reserves are great to have – how to invest and manage them
Hire professionals? This has at least got to be in the discussion. I like to manage investment of my own household money. I think I…
Reply To: Reserves are great to have – how to invest and manage them
Dick, How does that contract work with the community foundation? what are the parameters of such a contract?
Reply To: Reserves are great to have – how to invest and manage them
That seems like a good approach, Dick. Did you have a process for choosing the community foundation to manage the funds, or has that been…
Reply To: Reserves are great to have – how to invest and manage them
We also have invested our reserves in a short term investment pool that is 70% a low-duration bond fund and 30% in an S&P 500…
Reply To: Reserves are great to have – how to invest and manage them
I recently retired as CFO from a $20 million human services agency. We had approximately $1.5 million in reserves that came mostly from bequests and…
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…
Outstanding questions on nonprofit reserves
Now addressing how to invest reserves and sample policies.
Reply To: Nonprofit Profit Reserves: The Real Deal – Reflection
A major part of our mission is providing used building materials to the community at low cost and when everything shut down for COVID we…