Reserves – What, Why, When, and How (Much?)

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.

This webinar will have closed captioning available through the online service Otter.ai.

Propel webinars are recorded.

Topics
Types
Locations
Cost
Free

Trainer

Catherine Menick

Catherine is a former public educator and nonprofit operations professional who joined Propel’s Capital Access Team to use money and finance as tools for justice. She is passionate about supporting individuals and organizations that are working to build a better world. Catherine enjoys various crafts and music, as well as outdoor activities like biking, camping, and hiking. She loves spending time with her cat and the elders in her neighborhood.

Read Bio
Topics
Types
Locations
Cost
Free

Trainer

Catherine Menick

Catherine is a former public educator and nonprofit operations professional who joined Propel’s Capital Access Team to use money and finance as tools for justice. She is passionate about supporting individuals and organizations that are working to build a better world. Catherine enjoys various crafts and music, as well as outdoor activities like biking, camping, and hiking. She loves spending time with her cat and the elders in her neighborhood.

Read Bio