Description
Book SynopsisAn accessible and thorough guide to nonprofit investment policy fornonfinancial managers --essential information for maintainingfiscal health and the public trust
The first book to discuss the development of investment policiesspecifically for nonprofit organizations, Nonprofit InvestmentPolicies helps directors, trustees, and development officers atnonprofits create sound, comprehensive policies for their financialadvisors. Covering every element of investment strategy fornonprofits, the book explains investing legal concerns, theinvestment environment, the internal organization of an efficientcharity, how to get started in investment, how to use investmentsuccesses as a fund-raising tool, and much more.
Written in language that both financial and nonfinancial managerscan understand, Nonprofit Investment Policies includes:
* An exploration of the unique characteristics of nonprofitresources, including endowment management, planned gifts, andsocially responsible i
Table of ContentsBACKGROUND AND THEORY.
The Case for Investment Policies.
The Legal Environment: Law, Tradition, and InvestmentPractices.
The Investment Environment: Modern Portfolio Theory.
OPERATIONS.
Critical Internal Organizational Components of Investing.
Getting Started.
Hiring Help.
Investment Accounting and Performance Reporting.
UNIQUE NOT-FOR-PROFIT ISSUES.
Investment Policy as a Fund-Raising Tool.
Special Nonprofit Investment Problems.
Putting It all Together.
Appendices.
Bibliography.
Index.
