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Nonprofit & Association Reserves: Calculating Your Target Level of Investment Reserves
December 1, 2021 @ 1:00 pm - 2:00 pm
Keeping reserves for a “rainy day” is a good practice for all nonprofit institutions, but how much should your organization set aside? A percentage of annual budget? Three-to-six months? Our answer is: it depends. Each nonprofit is unique and can experience distinct unexpected circumstances that may affect its long-term financial health.
This session will focus on how to conduct a risk assessment that will assist your nonprofit in quantifying financial risks and opportunities. Once completed, this risk assessment aims to assist in finding the appropriate reserve level for your unique organization.
Whether you are in the initial phases of creating your nest egg or revaluating longstanding reserve levels, this session is for you.
Nonprofit senior executives will learn a process and best practices for identifying and quantifying their unique business risk and opportunities, the aggregate sum of which can serve as an optimal target level of reserves.
Presenters: Mark Murphy – Raffa Investment Advisers
Recommended CPE: 1 Credit
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based
Program Level: Basic
Advanced Preparation: None