Many nonprofit organizations have or are interested in establishing a reserve fund. This fund is usually created to sustain the long-term future of the organization and/or provide the organization a source of capital for future development. When establishing a reserve fund and at least once a year thereafter, nonprofits should conduct a reserve assessment to confirm that the organization isn't holding too much or too little cash in reserves.
Download ANAFP's Guide to Conducting a Reserve Assessment to learn the six essential steps that every nonprofit should take to determine the ideal reserve fund amount.
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