Nonprofit Operating Reserves Initiative Workgroup Publishes Operating Reserves Policy Toolkit
(10-26-10) The Nonprofit Operating Reserves Initiative Workgroup (organizers are Bill Levis and Bess Hamilton Foley) has compiled the Operating Reserves Policy Toolkit: First Edition to serve as a technical reference for nonprofit board and staff policy committees, as well as their financial consultants and professionals, as they respond to the message of the whitepaper “Maintaining Nonprofit Operating Reserves” (below).
The workgroup urges our community to use the toolkit:
Use these tools. Please. Copy, paste, customize. Register with us so we can inform you of updates. Give us your feedback and share tools with us that you have developed so we can continue to improve the web-based Operating Reserves Policy Toolkit and other training and implementation materials. Our mission is to spread the word and share the tools that will facilitate better long-term financial sustainability among the vital nonprofit originations that save and enrich our lives.
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