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The Events Calendar includes not just NATHPO events but also trainings, exhibits, shows, conferences, and consultations put on by our community partners and are listed solely to provide information and are not endorsed by NATHPO.
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TREC Webinar: Building an Operating Reserve Fund

Thursday, October 17, 2024 (11:00 AM - 12:00 PM) (EDT)

Description

Thursday, October 17th | 11:00am – 12:00pm Mountain Time

Presented By: Sheilani AlixTREC Financial Management Specialist


What do helmets, seatbelts, lifejackets, and operating reserves have in common? They exist to ensure safeguard (and sometimes peace of mind!) in the unlikely event that we need them. Operating reserves provide a financial cushion in response to unexpected market conditions so that we can continue to fulfill our organization’s mission, vision, and goals. It can also be one of the most personalized and difficult aspects of budget development. This webinar will walk through considerations for crafting an operating reserve strategy and process that fits your overall organization’s needs.  


This webinar is for individuals new to financial management, fiscal strategy, budget development and/or exploring the basic concepts of nonprofit operating reserves. 


Participants will walk away with:  

  • Reasons for building reserves 
  • Understanding potential unintended consequences to having reserves 
  • Planning ideas for reserves 
  • Strategies and resources for implementing and maintaining reserves 

REGISTER TODAY! 


(TREC webinars use GoToWebinar and ZOOM. Login/Join instructions will be sent to you automatically by email after you have completed registration.)


*This webinar is made possible by the generous support of Wilburforce Foundation and is offered free of charge.



TREC Event Page


Thursday, October 17, 2024 (11:00 AM - 12:00 PM) (EDT)

October 17th 11:00am – 12:00pm MT

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