Document

Financial Management in the Time of COVID-19

Posted 2020
Source
Land Trust Alliance
About This Document

Solid financial management is the cornerstone of successful land conservation. It takes money to acquire and care for land and easements, and it takes a solid understanding of budgets, reports and audits to ensure the money you raise is spent appropriately and reported accurately to donors, the community and the IRS. Financial management is challenging in the best of times. The unique circumstances of the COVID-19 pandemic require even more thought and care in financial management. Here are some related questions and answers, adapted from BoardSource, to help guide your land trust through this difficult time