1. The National Grants Partnership Webcast & Teleconference NGP 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.comqrlevis@aol.com or James Schmutz Email: James_Schmutz@ml.comJames_Schmutz@ml.com Phone: 202-659-6173

2.  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 Agenda 2

3. 3 Nonprofit Operating Reserves Initiative

4. 4  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 Financial Stability – How is it relevant to the National Grants Partnership?

5. 5 Request for NGP Sponsorship of Nonprofit Operating Reserves Toolkit

6. Tool Kit Sponsorship 6  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 7  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 Partnership Webcast & Teleconference Nonprofit Operating Reserves Initiative Toolkit Supporting Sponsor Request Thank You Comments, suggestions and questions are welcome: Jim Schmutz, Merrill Lynch, James_Schmutz@ml.com James_Schmutz@ml.com Bill Levis, The Urban Institute, qrelvis@aol.com 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 http://www.nccs2.org/wiki/images/5/50/What_are_Adequate_Nonprofit_Reserves.pdf