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From:
The ENGAGE Blog by Blackbaud
(Uncensored)
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7 Step Policy Guide for Nonprofit Operating Reserves
https://blog.blackbaud.com/7-step-policy-guide-for-creating-operating-reserves/
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With an understandable and accessible operating reserves policy, your team, Board, and donors know the specific reasons you would use your operating reserves and the exact amount that needs to always be in the fund.
