- This event has passed.
Safeguarding Cash Assets For Nonprofits
March 30 @ 1:00 pm - 1:30 pm
Silicon Valley Bank’s recent collapse has dominated headlines and raised a number of questions regarding the US banking system, FDIC insurance, the Federal Reserve, and more. What is now the second-largest bank failure in US history may have you wondering: are my organization’s cash assets safe, and am I making the most of them?
Keeping reserves for a “rainy day” is a good practice for all nonprofit institutions, but have you thought about how best to set aside excess operating cash for ultra-short term investing? With inflation and short-term interest rates on the rise, there is no better time to begin thinking about how to make best use of your cash assets. In this session, Raffa Investment Advisers will detail best practices for nonprofits to segment their reserves. From identifying how much to hold in reserve, to key policy decisions, and investment implementation options, this session will cover everything needed to put your cash assets to work.
Nonprofit senior executives will learn how this historic event can relate to their organization, and steps they can take to safeguard their cash assets and put their excess operating cash to best use – through policy development and investment reserve segmentation.
Presenters: Mark Murphy, Ryan Frydenlund – Raffa Investment Advisers