The very recent risk of a federal funding freeze and the recent stock market selloff have shown us that financial stability for nonprofits is fragile. Even with good nonprofit financial planning, organizations survive on the thinnest of margins, focusing all resources on the philanthropic mission, often with very little wiggle room to maneuver out of an emergency. An untimely mistake or an unanticipated loss can Read More
What’s on the Fixed Income Menu: An Array of Solutions for Nonprofit Reserves
Imagine a toolbox with only one tool: a hammer. The hammer is versatile for projects big and small, but if you’re building a house, as we all know, a toolbox with a lonely hammer won’t get the job done. In the same way, building a financially resilient nonprofit needs a variety of financial planning tools to fund the philanthropic mission. Yet several small to midsized nonprofits park all their funds—whether for Read More
5 Questions for the Expert: Cash and Cash Management
In previous posts, we’ve discussed how nonprofits should strive to hold enough cash to take advantage of unexpected opportunities or unplanned losses. To hammer home the point, we asked Aron Chazen, CEO of Treasury Curve, for his perspective about cash reserves. Among Treasury Curve's clients are public sector institutions, looking to manage pools of taxpayer money and other public funds to ensure cash is deployed Read More
