Every nonprofit organization benefits from endowments. They can provide financial stability and serve as a nest egg of capital to generate income. It’s important to remember that not all endowments are built the same. Managing and spending these funds needs a responsible and strategic approach. A well-defined endowment spending policy dictates how the funds are utilized and should align with the organization’s Read More
Nonprofit Investing: 3 Things to Remember
During market volatility, nonprofit leaders and board members can begin to get nervous about the endowments investments. While most nonprofits can refer to their investment policy for guidance, it also helps to remember three important concepts when reviewing your nonprofit’s long-term investment. 1. Target allocations are an investor’s friend. We work with our clients to develop a target asset allocation after a Read More
Recession or Not? A Conversation with Bill Kan, Candent Capital
We recently spoke to Bill Kan, the founder of Candent Capital, a firm based in the Bay Area providing financial planning, investment and wealth management services, to ask him what he thinks about all of the buzz around whether we are going to suffer another recession, after having experienced one two years ago. So Bill are we going to have a recession or not and what should nonprofit endowment investors be prepared Read More
Nonprofit Endowment Investing During a War in 9 Charts
Nonprofit endowments with funds to deploy toward their philanthropic mission have been trying to make sense of Russia’s invasion of Ukraine. The conflict has created another setback for a global economy struggling to recover from the ravages of the pandemic. The West’s economic sanctions have spurred investors to dump Russian assets, causing the ruble to lose over two-thirds of its value vs. the dollar almost 10 days Read More
Nonprofit Endowment Investing and Geopolitical Risk
It has been less than a week since Russian military forces invaded Ukraine and already pundits are predicting dire global economic and investment consequence. Still, the outlook is very uncertain as no one can predict how sanctions will affect President Putin’s actions, as well as those of other actors in this crisis. Uncertainty is never a time to change one’s long-term nonprofit endowment investment strategy. Read More
