How Much Should my Nonprofit Target for Reserves? – Presentation

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How Much Should my Nonprofit Target for Reserves? – Presentation

April 17 @ 9:00 am - 11:00 am

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 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 re-evaluating longstanding reserve levels, this session is for you.

Register here.

Details

Date:
April 17
Time:
9:00 am - 11:00 am
Cost:
Free

Venue

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