Non-profit organizations are responsible for ensuring that their mission is supported by prudent stewardship of the assets that are contributed by their donors. Considering non-profits typically run in perpetuity, there exists a unique investment challenge of supporting short-term, operational needs; while striving for the growth of principal over time, which is essential to sustain the organization’s long-term success. We are fully involved in assisting our non-profit clients with the following:
Investment Policy: Assist stakeholders in drafting an Investment Policy Statement to define governance, investment guidelines, asset allocation, restrictions, performance reporting, fees, and other portfolio management criteria.
Investment Portfolio Design: Construct a customized investment portfolio to comply with the Investment Policy guidelines. We objectively seek “best in class” managers and investment opportunities, utilize both active and passive management approaches, and custom design fixed income allocations to meet your needs.
UPMIFA: Guidance on Uniform Prudent Management of Institutional Funds Act (UPMIFA), which defines charitable organizations prudent investment management parameters and expenditure practices.
Mission Related Investing: Assist non-profit organizations interested in including mission related investing in their portfolios to complement their moral beliefs. Approaches include Environmental, Social and Governance (ESG), Socially Responsible Investing (SRI), Program Related Investments (PRI) and direct Impact Investing.
Concentrated Stock: Gifts made to private foundations often include low cost basis securities and concentrated stock, which may carry regulatory restrictions. Careful thought should be given in order to prudently maintain concentrated stock positions within the context of one’s overall investment objectives and planning.
Reporting: Provide fully customized reporting solutions, which allow you to easily monitor the value, structure and performance of your investment portfolio.