Reporting and Operations


Size of Organization: 
  • Establish an investment policy; consult with an investment advisor if necessary.
  • Require that all proceeds from investment activity go directly to a specific bank account of the organization.
  • Update authorized individuals on the accounts to remove individuals as soon as they leave the organization.
  • Investment statements and other investment correspondence are reviewed by an individual or a board committee that is separate from the processing of the activity reported on the investment statements during the year.
  • Investment accounts are reconciled each month.
  • Review investment arrangements annually with the board of directors or the committee responsible for investment oversight of the organization.