Liquidity Important

The Chronicle of Philanthropy describes a survey conducted by the Nonprofit Management Research Panel at SEI, an asset-management firm.  The survey reveals that many nonprofits cite liquidity as a key focus this year, and many are keeping more assets in cash than in the past.  The survey also reports that most (88%) of those surveyed invested some of their assets in alternative investments and that 70% of the nonprofits use an outside investment consultant.  The report is available for free from seiresearch@seic.com.