Policy
Reserves and investment
How much we hold in reserve and how it is invested.
Draft for board adoption. This policy will be reviewed and adopted by the board at its first meeting, then reviewed every year. Questions? Use our contact form.
Reserves target
We aim to hold reserves equal to three to six months of operating costs, so programmes can finish safely if funding stops.
Use of reserves
Reserves can only be drawn on with board approval. The board must agree a plan to rebuild them.
Investment
Funds are held in Australian bank accounts or term deposits with authorised deposit taking institutions. We do not invest in speculative products, or in companies whose business conflicts with women's health.