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New Study on Nonprofit Investing to Provide Peer Benchmarking Data

Survey to Empower Senior Finance Execs at Nonprofits with Critical Peer to Peer Data on Investment Policy and Performance


For Immediate Release: December 18, 2012, Washington, D.C. – Raffa Wealth Management, LLC (RWM) and Raffa, PC today announced the launch of The Study on Nonprofit Investing (SONI), to provide senior finance executives at nonprofit organizations with peer benchmarking data on investment policies and investment performance. The survey, which launches on January 10 and is accessible via an online registration here, will interview finance executives at trade associations, public charities and private foundations. All survey respondents will receive a full copy of the results, which will be replicated annually. Amplitude Research has been commissioned to conduct the survey.

“Finance executives at nonprofits today are really operating in a vacuum with regard to solid peer data about investment policies and performance,” said Dennis Gogarty, president of Raffa Wealth Management. “We created SONI to respond to this void, and to provide nonprofits with the benchmarking data they need to strengthen their policies, reach their investment potential and ultimately better serve their communities.”

The survey results will identify best practices in nonprofit investment policies including:

  • How cash reserves are segmented
  • How long-term investments are allocated 
  • How to respond to temporary short falls in revenue
  • How to best manage earnings on long-term investments
  • Who has investment decision-making authority

The survey will also look at average annual ROI for each type of nonprofit surveyed including associations, charities and foundations.

It is anticipated that survey results will provide nonprofit administrators and their governing boards with a new set of tools to measure the success of nonprofit investment management strategies so they can more effectively fulfill oversight and fiduciary responsibilities, strengthen investment decision-making, and ultimately improve bottom line results.

Nonprofit organizations that would like to participate in the survey must register before January 9, 2013 at: SONI Registration Form

Participation is anonymous and responses will be analyzed collectively with the results of other survey participants.

Media Contacts:

Amanda Orr 202-248-6766

Jan Hyland 703-801-8474

About Raffa Wealth Management

About Raffa, PC

About Amplitude Research