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How Much Should Associations Hold In Reserve?

Calculating Your Target Reserve Level

Published by Colorado Society of Association Executives
and Wyoming Society of Association Executives
Learning Objectives
  • Gain valuable insights into how much the “typical” association holds in reserve through Raffa’s Study on Nonprofit Investing for Associations.
  • Understand how your organization can assess risks and opportunities to find the appropriate level of reserve.
  • Learn how to build out a reserve policy that documents your review and serves as valuable context for future stakeholders.



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$45 for Member
$75 for Non-member

Duration: 60 minutes

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Summary

Keeping reserves for a “rainy day” is a good practice for all associations, but how much should your organization set aside? A percentage of annual budget? Three-to-six months? The answer is: it depends. Each association is unique and can experience distinct unexpected circumstances that may affect its long-term financial health.

This session focuses on how to conduct a risk assessment that will assist your association in quantifying financial risks and opportunities. Once completed, this risk assessment aims to assist in finding the appropriate reserve level for your unique organization.

Whether you are in the initial phases of creating your nest egg or re-evaluating longstanding reserve levels, this session is for you.

SWOD-23221

Presenters
Ryan Frydenlund, CIMA, CIPM
Director of Operations - Raffa Investment Advisers

Ryan Frydenlund is the Director of Operations at Raffa and helps ensure the firm delivers a consistent, well-run client... Read More

Dennis P. Gogarty, CFP, AIF

Dennis launched his investment advisory career with Raffa Financial Services, Inc. in 2002 and co-founded Raffa Investment... Read More

Mark P. Murphy, CFA
Chief Investment Officer - Raffa Investment Advisers

Mark P. Murphy is Raffa Investment Adviser’s Chief Investment Officer. In this role, Mark supports all areas of the firm’s... Read More


Originally Published
November 19, 2024

Program Titles and Supporting Materials
This program contains the following components:

  • Media Files
  • How Much Should Associations Hold In Reserve? - Video

  • Downloadable Files
  • How Much Should Associations Hold In Reserve? - Slide Handout
  • Sample Reserve Policies - Handout
  • Target Reserve Worksheet Sample - Handout

How To Attend
Join the self-paced program from your office, home, or hotel room using a computer and high speed internet connection. You may start and stop the program at your convenience, continue where you left off, and review supporting materials as often as you like. Please note: Internet Explorer is no longer a supported browser. We recommend using Google Chrome, Mozilla Firefox or Safari for best results.

Technical Requirements
You may access this course on a computer or mobile device with high speed internet (iPhones require iOS 10 or higher). Recommended browsers are Google Chrome or Mozilla Firefox.

Credit
If applicable, you may obtain credit in multiple jurisdictions simultaneously for this program (see pending/approved list below). If electing credit for this program, registrants in jurisdictions not listed below will receive a Certificate of Completion that may or may not meet credit requirements in other jurisdictions. Where applicable, credit will be only awarded to a paid registrant completing all the requirements of the program as determined by the selected accreditation authority.

 Click on jurisdiction for specific details  
CAE


Refund Policy
SeminarWeb and Wyoming Society of Association Executives programs are non-refundable.

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