It's no secret that nonprofit leaders already have a lot on their plate. In addition to working towards the organization’s mission and managing day-to-day activities, these leaders must also be concerned with finances, investments and budgeting.
On top of all this, nonprofit leaders are constantly barraged with advice on investing. From getting involved in cryptocurrency to investing in CDs, the potential opportunities are enough to make any nonprofit leader’s head spin.
But does a nonprofit organization actually need to have an investment policy statement? The answer may be a surprise to many business owners and other professionals.