Available in:

OnDemand Course

Creating Fiscal Policies for Your Nonprofit: Investment Policies and Reserve Funds

Understand the rules and best practices associated with investment policies and reserves.

Nonprofits of all types and sizes are entrusted by donors, members, and other organizational supporters with fiduciary oversight over reserves and endowments for use in achieving their missions. Ensuring the proper policies, management, and governance oversight associated with these funds is essential to stakeholder and public confidence as well as legal and regulatory compliance. It is key for nonprofit financial management professionals and those charged with governance over these funds to understand the rules and best practices associated with investment policies and reserves to protect their constituents, stakeholders, and themselves.

65 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Nature of Nonprofit Investments and Reserves

  • Define Reserves and Why They Are Needed
  • Describe the Current Environment

Managing for Sustainability

  • Reserves and Your Strategic Plan

Focus on Stewardship

  • Essential Investment Policies
  • Evaluating Performance

Common Pitfalls - Samples

Conclusion

  • Further Information
  • Sample Policies and Tools
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on April 20, 2022.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Mona M. Birchfield, CPA

Mona M. Birchfield, CPA

CliftonLarsonAllen LLP

  • Principal in the Nonprofit Outsourcing Practice of CliftonLarsonAllen LLP
  • Has comprehensive knowledge of all areas of not-for-profit accounting, including audit, regulation, accounting services, and consulting
  • A wealth of experience in developing accounting policies and procedures manuals and finance and accounting systems
  • Specializes in Intacct and Bill.com, and is certified in both; holds a Not-for-Profit I and II certificate from the American Institute of CPAs, for which she has been a member of since 2010
  • Technical experience includes cloud-based financial management systems and nonprofit entities
  • American Institue of Certified Public Accountants; board of directors, Northern Virginia Chamber of Commerce, July 2020
  • M.S. degree in interdisciplinary studies, University of Maryland, Adelphi, MD; B.S. degree in accounting, with a minor in business administration, University of Maryland, Adelphi, MD
  • Can be contacted at 571-227-9546 and [email protected]
James Mari, CFP®, CEPA®

James Mari, CFP®, CEPA®

CliftonLarsonAllen LLP

  • Senior Wealth Advisor at CliftonLarsonAllen Wealth Advisors, LLC
  • Assists clients of the firm in all areas of financial planning and investing; works with small business owners and individuals who are concerned about paying too much in taxes, transitioning their business to the next generation and/or turning the transition of their business into an income stream in retirement
  • Specializes in transferring wealth in the most tax-efficient manner
  • In his 27 years in the financial services industry, he has served in many different capacities, which allows him to address financial planning from several different angles; he is also an Owner Transition Advisor, which allows him to assist business owners in developing a plan to increase business value and plan for a smooth transition, both emotionally and financially
  • B.S. degree in marketing, West Chester University; holds FINRA series 6, 7, 63 and 65 licenses, and Life and Health and Property and Casualty insurance licenses; attained Certified Financial Planner and Certified Exit Planning Advisor designations
  • Can be contacted at 267-419-1649 or [email protected]
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 409664
Published 2022
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!