September 10, 2024
Despite the best of intentions, things don’t always go as planned. That’s why an organization’s reserves, or net assets without donor restrictions, serve as a hedge against economic fluctuations, unexpected expenses, and/or revenue shortfalls. With the financial cushion provided by reserves, your association can maintain operations and continue delivering services to members even during the most challenging of times. Reserves also offer the flexibility to invest in strategic initiatives, capitalize on opportunities for growth, and support long-term projects without compromising financial stability.
Join GRF’s association team for a webinar to learn how your organization can maximize its operating reserves. Attendees will come away with best practices for identifying reserve targets and managing their financial risk. Learn how robust financial reserves enhance the association’s credibility and trustworthiness among members and stakeholders, demonstrating prudent financial management and preparedness for future uncertainties.