Mickey talks with Sean Hale of Sean Hale Consulting to dissect the issue of inflation, and talk about things nonprofits can do to protect the buying power of their reserved funds. This conversation stems from Sean’s recent blog post:
Does your nonprofit have more money in the bank than you need to cover day-to-day operations?
If so, rising prices across the economy, AKA inflation, could significantly reduce the value of your nest egg. Please don’t allow your nonprofit’s hard-earned savings to go up in smoke.