Nonprofits & foundations
Protect your mission’s reserves.
How nonprofits and foundations protect operating reserves, endowment cash and grant funds above the FDIC limit — while earning more and keeping their community bank.
Why cash is often under-protected
- Board-mandated reserves often exceed $250K at one bank
- Grant funds held before disbursement
- Fiduciary duty to protect donor dollars
The FDIC insures up to $250,000 per depositor, per bank, per ownership category. Everything above that at one bank is uninsured.
One account. 300+ insured institutions.
- Keep reserves within insured limits across 300+ institutions
- Earn rates that have averaged 5–9x the national average‡
- Board-ready reporting and one 1099-INT
- Keep your community bank for everyday banking
Ampersand, Inc. is not a bank. Ampersand acts as administrator in placing deposits at FDIC- or NCUA-insured institutions; deposit insurance is provided by those institutions, subject to standard limits, aggregation rules and pass-through requirements. Eligibility of specific fund types depends on applicable law, governing documents and program terms. ‡ Program rates have averaged 5–9x the FDIC national average savings rate, as of 10/15/2026; averages are not a guarantee of any client’s rate. Rates vary and are not guaranteed. Not legal, tax or fiduciary advice.