Creating Fiscal Policies for Your Nonprofit: Investment Policies and Reserve Funds
1 hour 30 minutes
Protect your constituents, stakeholders and yourself by understanding the rules and best practices associated with investment policies and reserves.
Nonprofits of all types and sizes are entrusted by donors, members and other organizational supporters with fiduciary oversight over reserves and endowments for use in achieving their missions. Ensuring the proper policies, management and governance oversight associated with these funds; typically the most significant and liquid asset of any nonprofit, is essential to stakeholders and public confidence as well as legal and regulatory compliance. It is therefore key for nonprofit financial management professionals and those charged with governance over these funds to understand the rules and best practices associated with investment policies and reserves to protect their constituents, stakeholders and themselves.
• You will be able to discuss the nature, purpose and accountabilities associated with nonprofit investments and reserves.
• You will be able to review the proper role of a nonprofit’s management officers, directors, finance and investment committees in setting and implementing sound investment and reserves policies.
• You will be able to recognize accepted industry benchmarks for budgeted reserve amounts and targets.
• You will be able to identify common pitfalls in the design and implementation of investment and reserve policies.