Is it time to review your spending policy?
$225.00
Description
Abstract: Well-managed investments play a critical role in the sustainability of many organizations, including nonprofits. A key element is a nonprofit’s spending policy, essentially the formula used to determine how much of the value of investments will be tapped each year for such expenses as operating costs and capital projects. This article points out that with the past two years of unprecedented events, both operationally and financially, it might be time for organizations to reconsider their spending approaches.
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