Using operating reserves as a rainy day fund | SE4N Clips

SE4N's A. Michael Gellman and Benjamin Takis discuss one of the key purposes of operating reserves: serving as a #nonprofit organization’s “rainy day funds” to bridge short-term emergencies and disruptions.
To see the full version of this video and lots of other nonprofit content and resources, become an SE4N subscriber: www.se4nonprof...
For further reading about about operating reserves, check out our article “Remembering the Long-Term Purpose of Operating Reserves”: www.se4nonprof...
And download our free Nonprofit Financial and Legal Compliance Basics Checklist, covering Conflicts of Interest, Internal Controls and Risk Assessment, Employment and Human Resources, Financial Reporting and Audits, Government Grants, Governance and Corporate Records, and more: www.se4nonprof...

[@waynecmontgomery]

Great video !!! I truly like your content. My wife and I are former attorneys who handled export cases and we started our nonprofit several years ago

[@se4nonprofits]

Oh great, I hope that's going well. And thanks for your support, I'm planning on doing more with this CZcams channel in the coming months.