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Course/Training/Event Details

In this 3 minute video you will learn the core concepts of cash reserves. Whether you call it the rainy day fund, a nest egg, or your safety net, reserves are an important and sound nonprofit management principle. There are three main reasons why you may want to have a reserve fund: for unforeseen expenses or cash shortfalls, replacement or repair of equipment or property, or unexpected opportunities. This video is ideal for new financial managers, board members, and anyone new to nonprofit finance.
Length:
3 minutes
Level:
All levels
Cost:
 Free
Class Language:
English
Instructor(s):
Propel Nonprofits (formerly Nonprofits Assistance Fund)

IMPORTANT: External link to NonProfitReady

When linking to access this class, a new window will open and you will be redirected to NonProfitReady, the official provider of the class you selected. You may need to log in, so if you are not yet registered with them you may be required to do so in order to access the content (free registration).GlobalSparks offers this listing free of charge, and this class/training was free at the time of our last database update; however, but we have no control on changes that may occur over time as the content supplier reserves the right to update their price structure. Please let us know if you encounter any difficulties – we’re here to help!