Accessing Credit, Underwater Endowments, Post-Recession Prosperity
Accessing credit in a tight-lending world
Regardless of how they have been impacted by the economy, nearly all companies are experiencing difficulty accessing credit. Sometime over the last nine months the banks seemed to have changed the rules, but forgot to inform their business clients...
Nonprofits may now tap “underwater” endowments, but they must do so carefully
Recent enactment of the Uniform Prudent Management of Institutional Funds Act in Massachusetts and Rhode Island now allows nonprofits in those states to spend from an “underwater” endowment, but it also means they likely need to revise a number of...
Preparing for post-recession prosperity
Amid signs that the recession may be ending, many AMS clients expect to continue to operate leanly – to keep costs down and increase their ability to refocus resources where needed. Here are some of the actions they are taking:
Controlling expenses...
Nonprofit risk management best practices
Nonprofits under the strain of reduced revenues, frequently coupled today with greater demand for their services, should regularly assess their exposure to a variety of risks, which, if left unchecked, could diminish their ability to function....
Summer reading recommended by AMS - 2009
Summer is here, which means you may have more opportunity to read some of those books you haven’t had time for recently. AMS recommends the following.
Leadership in the Era of Economic Uncertainty by Ram Charan — Offers tips on how to respond to...
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