The latest thoughts on investment strategy and the markets, plus tools and templates from Raffa’s portfolio management team to empower nonprofits and associations to make better informed investment decisions.
For a donor weighing a significant gift, understanding how the organization plans to manage their gift is often something they consider before making their decision. This helps provide confidence that their gift will be stewarded responsibly and contribute to their desired impact. Learn about the role governance policies, reporting, and documentation play in instilling donor confidence.
A strong Investment Policy Statement (IPS) is central to effective board governance and fiduciary responsibility. It sets the guidelines your board governs against and keeps your investment program aligned with objectives. Learn about best practices to consider and components to include when creating or updating your IPS.
A strong Investment Policy Statement (IPS) is central to effective board governance and fiduciary responsibility. It sets the guidelines your board governs against and keeps your investment program aligned with objectives. Learn about best practices to consider and components to include when creating or updating your IPS.
Many nonprofits and associations that invest their reserves hold them in one blended portfolio or organize them by time horizon alone. While time horizon is important, organizations may also want to factor in the purpose each reserve is meant to serve. This article explains the role purpose plays in reserve segmentation, and how to turn your segmentation and strategy into a reserve policy your board can adopt and maintain.
Deciding when to move reserves from cash into a managed investment portfolio is a decision made by the board after careful deliberation. Boards should consider several factors, including time horizon, purpose, capacity for risk, and governance responsibilities. Learn more.
When you think about your nonprofit or association’s reserves, do you know how much is intended for long-term stability versus how much is allocated for strategic initiatives? Many nonprofits and associations either hold their reserves in a single pool or group them by time horizon without considering their intended purpose.
Choosing investment benchmarks, and reviewing performance against them consistently, is central to how a finance committee exercises fiduciary oversight of its reserves. This article covers what a benchmark is, how to identify one that fits your portfolio, examples of commonly used benchmarks, and how to monitor performance over time.
The biggest challenge for charitable nonprofits in the current volatile economy is not just that funding may decline, but that it is becoming harder to predict. Read more.
The impact of the Middle East conflict is already showing up in association budgets, board conversations, and finance committee agendas. Read more.
Key Takeaways: Finance committees at nonprofits and associations regularly ask whether their reserves are where they should be. Peer benchmarking provides a credible frame of
