June 24, 2010; Source: CFO | This article by David Katz of CFO.com is a good short review about why the issue of financial liquidity needs to be on every nonprofit board’s agenda and looked at specific to each organization rather than by using broad “rules of thumb”—Ruth McCambridge
About The Author
Ruth is the founder and Editor Emerita of the Nonprofit Quarterly. Her background includes forty-five years of experience in nonprofits, primarily in organizations that mix grassroots community work with policy change. Beginning in the mid-1980s, Ruth spent a decade at the Boston Foundation, developing and implementing capacity building programs and advocating for grantmaking attention to constituent involvement.
