In recent weeks, President Trump signed a flurry of Executive Orders implementing a wide array of administration policies related to diversity, equity, and inclusion (DEI) initiatives designed to ban both public- and private-sector programs encouraging DEI and targeting federal contractors and grant recipients that advance DEI and environmental justice. New requirements for federal award recipients to certify – under the threat of criminal penalties – that they do not operate any “illegal” DEI programs is causing palpable consternation in segments of the nonprofit community.

Keeping reserves for a “rainy day” is a good practice for all nonprofits, but how much should your organization set aside? A percentage of annual budget? Three-to-six months? The answer is: it depends. Every nonprofit is unique and can experience distinct unexpected circumstances that may affect its long-term financial health. This engaging session focuses 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 organization.

Key Takeaways:

Gain valuable insights into how much the “typical” nonprofit holds in reserve through Raffa’s Study on Nonprofit Investing.
Understand how your organization can assess risks and opportunities to find the appropriate level of reserve.
Learn how to build out a reserve policy that documents your review and serves as valuable context for future stakeholders.