We found a match
Your institution may have rights to this item. Sign in to continue.
- Title
Nonprofit Leader Perceptions of Operating Reserves and Their Substitutes.
- Authors
Sloan, Margaret F.; Charles, Cleopatra; Kim, Mirae
- Abstract
This exploratory study has three objectives: (1) to understand the various ways academics, consultants, and practitioners conceptualize operating reserves; (2) to explore differences among academic findings, consultant recommendations, and nonprofit leader perceptions of operating reserves; and (3) to identify how practitioners operationalize operating reserves within their organizations. Using intensive interviews with nonprofit executives, we find that the operating reserve ratio (ORR) commonly used in the nonprofit literature does not accurately indicate whether an organization holds an operating reserve according to nonprofit leaders. In addition, results indicate that experienced nonprofit leaders perceive a variety of other fund types including endowment and investment savings as well as ability to borrow, other assets, sister foundations, and donor networks as legitimate substitutes for a reserve.
- Subjects
NONPROFIT organization personnel; SENSORY perception; PSYCHOLOGY of executives; ENDOWMENTS; RESERVES (Accounting); ECONOMICS
- Publication
Nonprofit Management & Leadership, 2016, Vol 26, Issue 4, p417
- ISSN
1048-6682
- Publication type
Article
- DOI
10.1002/nml.21207