Reserves – What, Why, When, and How (Much?)
Having a cash reserve fund is a goal for every nonprofit organization as a buffer for unexpected disruptions, emergencies, or delays in revenue. But there’s much more to consider, especially at a time when nonprofits need more flexibility than ever before. Whether you find yourself with more funds in the bank than expected, or holding your breath until the next payroll, understanding and planning reserve funds is timely. This webinar will dig into why reserves are valuable and for what purpose, the perennial question of how much, and some practical tools for managing and communications.
This webinar will have closed captioning available through the online service Rev.com.