Checklist for Creating Your Nonprofit Operating Reserve Fund
Creating a Financial Safety Net for Your Nonprofit Organization
Your community counts on you. Whether it’s for support when they are going through a rough patch or because you provide a service that brightens their world, your nonprofit organization serves an important purpose. But the need for your services isn’t always easy to forecast.
By establishing an operating reserve fund, you can provide a financial safety net for your nonprofit so you can be there for your community long-term. Here are seven steps that will help you:
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Understand what you need from your operating reserve fund
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When (and how) to get buy-in from your stakeholders
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How to document the process of funding and managing your operating reserve
Download this checklist today and get one step closer to financial sustainability for your nonprofit organization.