Balancing the interests of beneficiaries while ensuring you spend donors’ money wisely is a perennial challenge for trustees. Add into the equation the fact that, if inflation averages 3% per annum, you need to double the value of your charity’s assets (cash & investment) every 25 years just to maintain the spending power. So the real challenge facing trustees is: how do you ensure effective financial management of your charities reserves?
Access all our articles and search the provider directory for free.