The National Grants Partnership Webcast & Teleconference NGP Sponsorship of Nonprofit Operating Reserves Tool Kit Pr

1. The National Grants PartnershipWebcast & TeleconferenceNGP Sponsorship of Nonprofit Operating Reserves Tool Kit Project Prepared by: James C. Schmutz, Merrill Lynch Financial Advisor And Bill Levis The Urban Institute Contact: Bill Levis E-mail: qrlevis@aol.com or James Schmutz Email: James_Schmutz@ml.com Phone: 202-659-6173

2. Agenda • Brief review of Nonprofit Operating Reserves Initiative presentation from November • Reserves Ratio • It Depends! • NGP sponsorship of the nonprofit operating reserve policy tool kit project • Highlight key points in letter

3. Nonprofit Operating Reserves Initiative

4. Financial Stability – How is it relevant to the National Grants Partnership? • There are a range of stakeholders that can influence establishing and maintaining adequate Operating Reserves for financial stability: • CEOs, CFOs and boards of nonprofit organizations • Grant making community such as: • program officers of foundations • regional associations of grant makers • GOVERNMENT AGENCIES • Associations of nonprofits and umbrella groups – geographic and subsector. • Accountants such as individual CFOs and CPAs, CFO groups and CPA societies • Financial institutions serving the nonprofit sector

5. Request for NGP Sponsorship of Nonprofit Operating Reserves Toolkit

6. Tool Kit Sponsorship • Lead Sponsors of the Reserve Policy Tool Kit: • NCCS, a program of the Center on Nonprofits and Philanthropy at The Urban Institute • Membership & Financial Accountability Department at the United Way of America • Supporting Sponsors of the Reserve Policy Tool Kit: • BoardSource • Greater Washington Society of CPAs • National Council of Nonprofits • National Human Services Assembly • National Grants Partnership

7. Supporting Sponsor Role • Formally Endorse the initiative and mission • Agree to be listed as a supporting sponsor • Recruit a representative to serve as part of the Reserve Policy Technical • Group • Refer members, affiliates and constituents to the tool kit • Be an information resource by keeping constituents informed of the • initiative

8. The National Grants PartnershipWebcast & TeleconferenceNonprofit Operating Reserves Initiative Toolkit Supporting Sponsor RequestThank You Comments, suggestions and questions are welcome: Jim Schmutz, Merrill Lynch, James_Schmutz@ml.com Bill Levis, The Urban Institute, qrelvis@aol.com See Supporting Sponsor Invitation letter at NGP Blog: http://blog.thengp.org/2009/01/ngp-invited-to-sponsor-effort-to-complete-nonprofit-reserve-policy-tool-kit.html See November Presentation at NGP website: http://www.thengp.org/Meetings/20081118.htm See also Nonprofit Operating Reserves Initiative White Paper at: http://www.nccs2.org/wiki/images/5/50/What_are_Adequate_Nonprofit_Reserves.pdf