How Much Should My Nonprofit Target for Reserves? – Presentation

Loading Events

« All Events

How Much Should My Nonprofit Target for Reserves? – Presentation

December 5 @ 12:00 pm - 2:00 pm

Free

​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, led by Mark Murphy CIO of Raffa Wealth Management, 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 reevaluating longstanding reserve levels, this session is for you.

Register Here

Details

Date:
December 5
Time:
12:00 pm - 2:00 pm
Cost:
Free

Venue

Raffa Office
1899 L Street NW
Washington, DC 20036 United States
+ Google Map
Phone:
202-955-6734