Resources

Results for:   Topic: “Investments”  

Webinar Recording
Investing Like a Fiduciary

A fiduciary is anyone who has the legal responsibility of caring for someone else’s money. Foundation board members and investment committee members would generally be called fiduciaries, required by law to be well informed about the assets under their care and to follow a prudent process in caring for them. In this webinar, learn to... Read More

Advisors as Fiduciaries (or Not)

Foundations represent a pool of financial resources to be spent for social good. Whereas much has been penned about how to spend foundation resources wisely to maximize impact, less attention generally has been paid to how to care for those resources before they are spent. Stewarding philanthropic resources requires a series of complex economic, market,... Read More

Designing a Spending Policy That Works

Your organization’s spending policy should be carefully selected after the thorough evaluation of several key inputs. A qualitative review of the type of organization, time horizon, beneficiaries, purpose of the endowment, sources of funding, institutional resources, applicable donor restrictions, and the investment policy statement should lead to a quantitative analysis that addresses: Annual operating expenses... Read More

Developing an Investment Policy Statement

An investment policy statement (IPS) should be the starting point and bedrock of an institution’s investment strategy. It constitutes a road map of how the institution plans to achieve and support its stated mission through its investment strategy. Including applicable IPS components Here is a list of common IPS components. Include only those items that... Read More

Impact Investing: How One Foundation Is Extending Its Mission

The Needmor Fund believes that foundations express their values through more than just where they give their money. How they behave as organizations and use their assets also reflects those values. The fund first became aware of conflict between its mission and its investments in the 1980s. Here’s their story. As stockholders, we are the... Read More