How Fundraising Managers Can Protect Reserves as Assets

Many not-for-profit leaders ask whether temporarily and permanently restricted net assets should be included in determining an organization’s reserves. Operating reserves — funds that are available to support an organization’s day-to-day operations — are the appropriate measure to consider. This was one of the key findings of Grant Thornton LLP’s not-for-profit practice white paper titled Maintaining Sufficient Reserves to Protect Your Not-for-Profit Organization.