nonprofit
asset management
Effective Investment Strategies and Oversight
Whatever your nonprofit’s mission, there is undoubtedly more need than money. So far, the twenty-first century has been a difficult financial environment. The 2000 2002 bear market was just a warm-up for the financial meltdown of 2007 2009. Gifting is down. Appreciated securities are in short supply, and tax and financial uncertainty may make even the wealthy clutch their purse strings a little tighter.
No matter what the economic outlook, you can become a better steward of your nonprofit’s funds. Nonprofit Asset Management shows you how, with practical solutions for the wide-ranging challenges confronting nonprofit funds of all kinds. Here, authors Matthew Rice, Robert DiMeo, and Matthew Porter share proven guidance for enhancing your investment strategy and improving the oversight procedures for your nonprofit.
Filled with proactive advice and strategies, Nonprofit Asset Management reveals:
- The critical “three levers exercise” that should drive investment policy
- The role of various traditional and alternative investments in nonprofit portfolios
- How to improve asset allocation strategy, the single most important determinant of performance
- Prudent methods for selecting, evaluating, and terminating investment managers
- The best practices of effective investment committees
Your role in overseeing nonprofit investments is both noble and significant. Like most fiduciaries, you do what you do to make a difference. Presenting important considerations for nonprofits that wish to reflect their values through their investment decisions, Nonprofit Asset Management presents you with the tools and knowledge to give your organization every opportunity to succeed.
Praise for nonprofit asset management
“An essential resource for nonprofit fiduciaries. If they rely on you as an administrator, manager, or trustee to protect and grow the wealth of the institution, this comprehensive and pragmatic guide will be invaluable. The content is broad, deep, well-organized, and very useful.”
Jeffrey Bethke, Treasurer, DePaul University
“This is an excellent guide readable and practical on managing the investment of assets entrusted to us. It presents professional approaches that help counter otherwise ‘irrational human tendencies’ in investment management.”
Gerard T. Donnelly, PhD, President and CEO, The Morton Arboretum
“The work done by Matt Rice, Bob DiMeo, and Matt Porter in their revised edition of Nonprofit Asset Management is a must-read for anyone who cares about the health and future of our nonprofit world. The authors cover the basics in a way that is easily understandable and give an accurate portrayal of difficult financial topics. This book should be required reading for any thoughtful investment committee.”
Dick Kinney, Endowment Chair, Gallaudet University
About the Author
MATTHEW R. RICE, CFA, CAIA®, is Chief Investment Officer and a Principal at DiMeo Schneider & Associates, LLC, a Chicago-based investment consulting firm that oversees more than $35 billion in institutional and high-net-worth investment assets. He is a coauthor of The Practical Guide to Managing Nonprofit Assets (Wiley).
ROBERT A. DiMEO, CIMA®, CFP®, is the Managing Director and cofounder of DiMeo Schneider & Associates, LLC. He has been featured in prominent publications such as the Los Angeles Times, Crain’s Chicago Business, and Pensions & Investments and is coauthor of numerous books, including The Practical Guide to Managing Nonprofit Assets (Wiley).
MATTHEW P. PORTER, CIMA®, is Director of Research Analytics and a Principal at DiMeo Schneider & Associates, LLC. He has served as consultant to a number of nonprofit and corporate clients and is coauthor of The Practical Guide to Managing Nonprofit Assets (Wiley).
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