New guide to managing charity reserves

CFG, Acevo, the Institute of Fundraising and Sayer Vincent have launched a new publication on how charities can better manage their reserves.

Entitled Beyond Reserves, the guide discusses whether reserves could be apportioned more effectively and creatively to better serve the charity and its beneficiaries. It also includes insights and case studies from chief executives, finance and fundraising directors from a range of organisations.

The guide advises that some organisations may need a fresh approach to their thinking about reserves, and that a good place to start would be to consider the business model under which the charity is operating, specifically, identifying where the risk is in the model and being clear on why the charity needs reserves.

To download Beyond Reserves visit www.cfg.org.uk/resources/Publications/cfg-publications.aspx?dm_i=5X9,UOQA,5JCTO0,2IUO8,1.