From the Charity Finance Yearbook, this 4 page article provides advice on managing reserves within a managed risk appetite. In addition, the Chief Executive of the Charity Finance Group (CFG) explains the circumstances which led to the CFG's own fall in reserves last year.
Framjee, P. & Bradshaw, C. 2015. Reserves, rainy days and umbrellas. Charity Finance Yearbook 2015. Charity Finance. p146-150.
To request a copy, click here and return form to library.