摘要：The kind of realized mission inflows the sensitivity to risk. Among other factors, the risk results from decisionabout liquid assets investment level and liquid assets financing. The higher the risk exposure, the higher thelevel of liquid assets. If the specific risk exposure is smaller, the more aggressive could be the net liquid assetsstrategy. The organization choosing between various solutions in liquid assets needs to decide what level ofrisk is acceptable for her owners (or donors) and / or capital suppliers. The paper shows how, in authors opinion,decisions, about liquid assets management strategy inflow the risk of the organizations and its economicalresults during realization of main mission. Comparison of theoretical model with empirical data for over450 Silesian nonprofit organization results suggests that nonprofit organization managing teams choose morerisky aggressive liquid assets solutions than for-profit firms.
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