In the Directory of Social Changes latest post they explain why charity reserves are one of the most misunderstood financial terms in our sector by people from our sector with points to consider.
The issue of reserves is complex and morally ambiguous – to have them is considered both good and bad depending on your perspective. We should not expect such a nuanced issue to have simple answers. Similarly, we should not be so quick to judge.
To read the full post and points to consider click here.