WOSM's Reserves Policy
Reserves protect WOSM against emergencies, unforeseen expenses, or disruptions to income. They are limited resources that are difficult to replace once used and must never be used to substitute for sound budgeting and management. WOSM is entrusted with resources on behalf of its members. Transparent management of reserves strengthens confidence among National Scout Organizations, donors, and partners. A Reserve Policy is part of WOSM’s Financial Best Practices, its approach to risk management and governance framework.
