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The Importance of Establishing Operating Reserves for Nonprofits

Stanford Social Innovation Review

A minority of nonprofits have more than six months of cash in reserve, according to reports like the Nonprofit Finance Fund’s State of the Sector ; many have less than three months of operating reserves on hand. percent of annual operating expenses. The benefits here were two-fold.

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Opportunity! Nonprofit Communications Jobs

Getting Attention

Associate Product Manager Wikimedia Foundation (San Francisco, CA). Business Development Manager Nonprofit Finance Fund (New York, NY). Communications Manager—PT Lemur Conservation Foundation (Myakka City, FL). Communications Manager—PT Melville Charitable Trust (Boston, MA). Twin Cities, MN).

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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Separately, the same ally had reached out to Chordata Capital , an anticapitalist wealth management firm that had already mobilized funds for community-based projects in Puerto Rico via its network, connected through the same person. The value of relationships In nonprofit financing, relationships play a pivotal, often understated, role.

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What’s Next for Community Development Finance?

NonProfit Quarterly

Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 community development loan funds with a combined $27 million in assets under management. Between 2014 and 2022 alone, assets under management in the CDFI sector expanded more than sevenfold. billion in assets by 2022.