In this Ask the Expert episode, we sit down with Dr. Thomas Vansaghi from UMKC's Midwest Center for Nonprofit Leadership to unpack the critical need for rainy day funds in nonprofit operations. From weathering revenue disruptions to boosting donor trust, Dr. Vansaghi lays out practical steps to start, structure, and sustain a reserve fund. Whether you're a seasoned ED or a scrappy startup, this conversation offers must-hear insights on long-term nonprofit sustainability.

Do you have questions about nonprofit funds? These 5 key questions are answered:

1. What is a rainy day fund in a nonprofit?

2. How much should a nonprofit keep in a reserve fund?

3. Is a rainy day fund the same as an endowment?

4. Can donors fund a rainy day fund?

5. What are examples of earned income for nonprofits?