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About Those Nonprofit Reserves: How Much Do You Need, Again?

Much like a personal savings account, nonprofits are encouraged to keep a “rainy day” fund known as a reserve fund. Organizations can use this money as needed, without restriction. However, the reserve fund can actually get organizations into trouble if misunderstood or used incorrectly.

When discussing the reserve fund, many questions come to mind. How much reserved funds are truly necessary? At what point does a nonprofit go from being financially savvy to a poor steward of donor money?

The full article can be viewed here

 

 

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Nebraska Methodist Foundation

Methodist Hospital Foundation raises, protects and distributes funds that improve health care for you, your family and friends. Best of all, 100 percent of every gift benefits the program or project you choose – not one cent pays for administrative costs.

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Calendar more

6/20/2017 » 6/23/2017
“Scoop of Hope” ice cream pop-ups for Grief’s Journey

6/23/2017
Concord Mediation Center’s 5th Annual Pathways Award Luncheon

6/27/2017
SilverStone Group: Cyber Security Training

6/27/2017
FREE Tour of the GrantStation Website - NAM Members save $624

6/28/2017
HR Networking Group

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