Creating Fiscal Policies for Your Nonprofit: Investment Policies and Reserve Funds
Investment policies that fall in line with the needs, risk tolerance and portfolio management capacity of your organization are critical to its success. Nonprofits of all types and sizes are entrusted by donors, members and other organizational supporters with fiduciary oversight over reserves and endowments for use in achieving their missions. Ensuring the proper policies, management and governance oversight associated with these funds; typically the most significant and liquid asset of any nonprofit, is essential to stakeholder and public confidence as well as legal and regulatory compliance. It is therefore key for nonprofit financial management professionals and those charged with governance over these funds to understand the rules and best practices associated with investment policies and reserves to protect their constituents, stakeholders and themselves.
Who should attend?
- The Nature of Nonprofit Investments and ReservesRoles and Responsibilities
- Management: Executive, Finance, Development
- Board, Officers, and Committees
- Investment Managers
- Investment AdvisorsEssential Investment and Reserve Policies
- Operational Needs/Transfers
- Spending Policy
- Reserves Funding Policy
- Risk Tolerance
- Asset Allocation
- Acceptable/Prohibited Investments
- Performance Targets and Benchmarks
- Roles and Responsibilities
- Acting With/Without Discretion
- Report Frequency and FormatEvaluating Performance
- AdvisorsCommon Pitfalls-SamplesConclusion
- Further Information
- Sample Policies and Tools
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Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...