Building and Managing Operating Reserves
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About This Webinar
Operating reserves ensure that your land trust can honor its commitment to steward land in perpetuity. Land trusts need operating reserves just as much as they need stewardship and legal defense reserves. They provide the essential cushion needed to cope with disasters and dashed expectations. But beyond ensuring your ability to continue operations, strong operating reserves can allow your land trust to act quickly to seize opportunities and meet the challenges of inflation and rapid change. Without adequate reserves, opportunities slip by while funding applications are prepared, donors are persuaded, and great potential staff members move on to other opportunities.
Join us to explore practical strategies to:
Set your land trust’s operating reserves target
Build operating reserves amidst conflicting demands for resources
Manage investment of operating reserves
Use and replenish operating reserves
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Disclaimer
These resources are provided "as is" for informational purposes only, without warranty of any kind. They do not constitute legal or professional advice and do not create an attorney-client relationship. They may not reflect current legal developments and should be adapted for your organization with qualified professional help. The Alliance is not liable for any damages arising from use of or reliance on these resources. Views in individual posts and third-party links/logos are not Alliance endorsements. The Alliance is committed to equal opportunity and does not condone unlawful discrimination.
For accreditation-related materials, please also consult the Land Trust Accreditation Commission website.