The most common questions we hear from our non-profit clients when they first connect with RTD are: how do I know what our investment policy should be for our long-term reserves, and, is our current investment policy still appropriate for the long-term reserves of the organization?
In the current near-zero interest rate environment, most banking institutions aren’t providing any interest on their corporate banking accounts. Worse still, if an organization is willing to lock up reserves into short-term CDs at these same banks, they are only able to earn 0.25% at most. With interest rates being so low and the uncertainty […]