Non-Profit Organization Investment Policies
Revising Policies and Practices to Recognize and Control New Market Risks
Recording of a 100-minute CPE webinar with Q&A
This seminar will outline steps for non-profit advisors to craft a general strategy for working with investment committees and trustees to scrutinize and revise investment policies.
- The state of investment markets for non-profit organizations and foundations
- Severely declining returns and liquidity
- Pressures to find acceptable returns to sustain the NPO’s mission and staffing levels
- The process of updating a non-profit investment policy
- Permissible asset categories
- Asset allocation and diversification
- Risk tolerance
- Evaluating, hiring and setting expectations for outside investment advisors and money managers
- Permissible asset categories
- Ongoing oversight of outside advisors
- Staying current on the NPO’s financial position and portfolio value
- Nature and frequency of money managers’ performance reports
- Reviewing trust and brokerage agreements and related documents
- Special challenges for non-profits’ investments
- Foreign investments and the “jeopardizing investment” issue
- Complying with FASB Staff Position 117-1 on non-profits relying on endowments
- Revamping donor-restricted asset classifications for the UPMIFA states
The panel will address these and other critical topics:
- Fundamentals for investment policy and financial position reviews: First priorities, striking a proper balance between prohibited investments and flexibility, getting actionable performance reports from money managers.
- Donor-restricted endowment funds: Changing investment policies for states that adopt UPMIFA laws.
- Policing and reporting foreign investments: "Jeopardizing investments" after the Madoff scandal, exotic investments like hedge funds, the IRS emphasis on disclosure rules.
Founder and Chief Investment Officer
Key Investment Team
He has worked in investment management for non-profit and individual clients, as well as investment advisory and asset... | Read More
He has worked in investment management for non-profit and individual clients, as well as investment advisory and asset management work with for-profit clients, since 1982. He recently conducted a seminar on creating a non-profit investment policy statement.Close
Senior Manager, Non-Profit Organizations Practice
Ireland San Filippo
She has 20 years of experience and has been with the firm since May 2008 after spending 11 years with the Caporicci... | Read More
She has 20 years of experience and has been with the firm since May 2008 after spending 11 years with the Caporicci & Larson accounting firm, where she was a partner. She also served as Finance Manager for the city of Sunnyvale, Calif. from 2002 to 2004.Close
Shareholder and Non-Profit Industry Group Practice Leader
Elko & Associates
He has 27 years of experience in the accounting profession and has worked with his firm since 1993. He previously... | Read More
He has 27 years of experience in the accounting profession and has worked with his firm since 1993. He previously worked in the Audit Group of Deloitte & Touche and has specialized in non-profits since joining Elko & Associates.Close
Access Anytime, Anywhere
CPE credit is not available on downloads.
On-Demand Seminar Audio