The Nonprofit Sector’s Most Pressing Issues: The C-Level Exec’s Point of View, Part 2

Tandon said that he goes to the board and tells it he needs venture capital money to put aside for new ventures in the best of times and the worst of times … and emphasizes that the board doesn’t hold him accountable for that money in the budget. It is strictly to invest in the future and to try new things so the organization can survive down the road.