Entries by Shay Larby

Liquidity Plus Program

It is a best practice for nonprofit organizations to keep liquid reserves on their balance sheets for unexpected emergencies and opportunities These reserves are typically held in cash at the bank, or invested in CDs, U.S. Treasurys or short-term bonds.

Types of Life Insurance

Life insurance comes in several different flavors, so learning the options and then selecting the right type of policy for your goals and budget is crucial. In general, life insurance is a contract between a policy owner and an insurer, whereby the insurer promises to pay a designated beneficiary a sum of money, called a “death benefit,” upon the passing of the insured person, in exchange for a premium, paid in a lump sum or over time.