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Executive Service Corps Strengthening the nonprofit community 10 Emery Dr, Atkinson, NH 03811 (603) 362-9300 (207) 641-2300 How Much in Reserve Funds Should your nonprofit Have? By Michael Daily, Executive Director of the Executive Service Corps Northern New England In an earlier article, I suggested that there are no limits on how big a Reserve or endowment fund might be as long as the amount is credible relative to the mission of the nonprofit . A more relevant question for most of us is what is the minimum cash Reserve fund we Should have set aside ? What We Have Learned From Our Clients In the mid 1990 s the large public accounting firms suggested that nonprofits have 3 to 6 months of budgeted expenses as reserves depending on the situation of an individual nonprofit .
Executive Service Corps Strengthening the nonprofit community 10 Emery Dr, Atkinson, NH 03811 (603) 362-9300 (207) 641-2300 www.nonprofit-consultants.org info@nonprofit-consultants.org
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