This valuable resource will help you make a compelling case within your organization for the need to establish an operating reserve.
This toolkit was created to provide a resource to:
• help to make a compelling case within the organization for the need to establish an operating reserve
• provide factors to take into consideration in determining the size of the operating reserve for their organizations
• suggest practices for managing the reserve and reporting its balance
• offer some tools with which to go about drafting a policy to record decisions
Free to League members; available on-demand. Register here
Sponsored by the National Center for Charitable Statistics, Center on Nonprofits and Philanthropy at the Urban Institute, and United Way Worldwide
Posted October 4, 2011