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July 13, 2022 4:51 am at 4:51 am
#2105673
soosim
Participant
the large number by itself is not an issue – the real issue is how they spend it, and what do they keep in the bank. there are so many large non-profits with tens of millions of dollars in cash reserves. and when i ask what is it for, the usual reply i get is “it’s for a rainy day.” so, all during covid they are raising funds and i say to them it is raining, use your cash that you have, and well, they don’t agree, etc. sad.