The Ripple Effect of Government Aid Cuts on Charities—Why Reserves & Income Diversification Are More Critical Than Ever

The Nonprofit Bookkeeper by Aishat

Episode notes

Sign up for our 5-Day Nonprofit Finance Challenge & Giveaway: https://www.bancservices.co.uk/5-day-challenge/

Check out ExpensePlus and sign up for a month's free trial and 10% off your first year's subscription, using my referral link http://expenseplus.co.uk/r/AI-BANC

In this episode, Aishat discusses the importance of financial reserves for charities, especially in light of recent funding cuts from both the US and UK governments. She highlights the cascading effects of these cuts on various types of charities, including those that rely on government grants and sub- ... 

 ...  Read more
Keywords
NonProfit FinanceFinancial SustainabilityCharity FinanceIncome DiversificationFinancial resilience for nonproiftsNonprofit financial sustainability