Reserve and Investment Policy

The Viviscent Wellness Foundation (“VWF”) is committed to responsible financial stewardship, long‑term sustainability, and transparent management of organizational resources. This Reserve and Investment Policy establishes guidelines for maintaining financial reserves and managing investments in a prudent and compliant manner.

1. Purpose

This Policy ensures that VWF:

• Maintains adequate financial reserves to support operations and mission continuity
• Manages investments responsibly and ethically
• Protects organizational assets from unnecessary risk
• Complies with legal, regulatory, and nonprofit financial standards

2. Scope

This Policy applies to all financial assets owned or managed by VWF, including operating reserves, restricted funds, endowment‑related assets, and investment accounts.

3. Reserve Fund Objectives

VWF maintains reserve funds to:

• Ensure financial stability during revenue fluctuations
• Support emergency or unforeseen expenses
• Provide operational continuity during economic uncertainty
• Strengthen long‑term organizational resilience

4. Reserve Targets

VWF aims to maintain reserves equivalent to:

• Three to six months of operating expenses (recommended range)
• Additional reserves for restricted or program‑specific obligations

Reserve targets may be adjusted based on financial conditions, program growth, or board recommendations.

5. Investment Principles

Investments must be managed in accordance with the following principles:

• Safety: Preservation of capital is the highest priority.
• Liquidity: Investments must remain accessible to meet operational needs.
• Yield: Returns should be reasonable and consistent with nonprofit standards.
• Ethics: Investments must align with VWF’s mission and values.

6. Permitted Investments

Acceptable investment vehicles may include:

• FDIC‑insured bank accounts
• Money market funds
• Certificates of deposit
• Low‑risk mutual funds or bond funds
• Treasury securities

High‑risk or speculative investments are prohibited unless explicitly approved by the Board of Directors.

7. Oversight and Authority

The Board of Directors is responsible for:

• Approving reserve targets and investment strategies
• Reviewing financial performance and compliance
• Delegating investment management responsibilities when appropriate

Staff may manage day‑to‑day financial operations but must adhere strictly to this Policy.

8. Reporting and Review

Financial reserves and investment performance will be reviewed at least annually. Reports will include:

• Reserve balances and trends
• Investment performance summaries
• Compliance with this Policy

9. Policy Review

This Policy will be reviewed periodically and updated as necessary to reflect financial conditions, regulatory changes, and organizational needs.

Contact Us

For questions regarding this Reserve and Investment Policy, please contact:

Email: compliance@viviscentwellnessfoundation.org
Phone: 205‑460‑5305