Reserves – What, Why, When and How (Much?)
Presenter: Propel Nonprofits
Cost: Free
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. In this webinar, we’ll dig into why reserves are valuable and for what purpose, the perennial question of how much, and some practical tools for managing and communications.
NDANO offers live in-person and online learning opportunities for nonprofits, often with partners. Members receive discounted rates on all NDANO events. All times are Central unless otherwise indicated.
Do you have a learning opportunity or event for North Dakota nonprofits to add to our calendar? Email NDANO with the details.
