Explains what is required of individuals who oversee and administer charitable trusts, endowments, and other nonprofit assets.
Whether your organization is thinking about joining this select group of nonprofits, or whether it has only a few thousand dollars to invest, you will still need to consider how best to manage your assets. There is a common core of management issues that should be considered—legal fiduciary duties, socially responsible investing, and the costs of investing. This article attempts to guide investors through this thicket,
While a careful consideration of risk is at the heart of any investment strategy, nonprofits are required to invest in such a way that does not jeopardize their underlying functions — for example, by leaving them short of capital needed for annual spending on their charitable works, or even by tying up their assets so that cash isn’t accessible when it’s needed.