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2024 Strategic Plan Activities

Decide what strategic plan 2024-26 activities we prioritize

Phase 4 of 5
Finalize goals & share results 11/27/2023 - 12/20/2023
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Grow a stronger reserve fund

Avatar: Official proposal Official proposal
29/09/2023 13:18  

Increase the size of the reserve fund, to ensure funding stability and earn interest on savings.

  • Filter results for category: Strategic Direction 3: Funding Strategic Direction 3: Funding
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Grow a stronger reserve fund Comments 1

Reference: ppl-PROP-2023-09-303
Version number 2 (of 2) see other versions
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Value: b9e4349cb8d4f4d7e5cff53da93b843fac61e8e8872bbbf4de5ddf65cfb730a0

Source: {"body":{"en":"<p>Increase the size of the reserve fund, to ensure funding stability and earn interest on savings.</p>","es":"<p>Aumentar el tamaño del fondo de reserva para garantizar la estabilidad de la financiación y ganar intereses sobre los ahorros.</p>","fr":"<p>Augmenter la taille du fonds de réserve pour assurer la stabilité du financement et gagner des intérêts sur l'épargne.</p>","pt":"<p>Aumentar o tamanho do fundo de reserva, para garantir a estabilidade do financiamento e ganhar juros sobre as poupanças.</p>"},"title":{"en":"Grow a stronger reserve fund","es":"Hacer crecer un fondo de reserva más fuerte","fr":"Développer un fonds de réserve plus solide","pt":"Desenvolver um fundo de reserva mais forte"}}

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Avatar: João L. Akihito Mitsuse João L. Akihito Mitsuse
17/10/2023 09:06
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Considering the annual seasonality of financing, I believe that the ideal for People Powered is to have at least 1 year of costs in the reserve fund. This is a practice we try to maintain at Politize! and it has worked well.

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