be_ixf;ym_202001 d_20; ct_200

Governance and Policy

Purpose: What is an Endowment?

Posted by Commonfund Institute on Nov 27, 2019

Topic: Governance and Policy | Industry Knowledge

What is an endowment? A critically important asset for many nonprofit organizations is their endowment, sometimes referred to by a different name such as long-term investment fund. So important is this pool of financial assets that for many institutions it is the difference between fulfilling their missions and being forced to lower their aspirations or even ceasing to operate.

Read now

Principles of Investment Stewardship for Nonprofit Organizations

Posted by Commonfund Institute on Nov 22, 2019

Topic: Governance and Policy | Industry Knowledge

Are you a fiduciary who oversees a long-term investment fund? If so, then your role differs fundamentally from those of other investment fiduciaries. With that in mind, we have published this brochure to examine the key issues and essential principles that you should consider in your decision making process. In it, we examine the 6 Ps of investment stewardship: purpose, policy, portfolio, process, people and perspective. Download your copy today to review these principles and how they relate to your non-profit institution, whether it be educational, a religious or charitable endowment, foundation, hospital asset pool or pension fund.

Download

Participate in the Independent School Survey

Posted by Commonfund Institute on Oct 31, 2019

Topic: Governance and Policy

A key resource for Independent School business officers and fiduciaries, it generates insight on investment and governance practices. Participants receive a free copy.

Learn more

Outsourcing: Writing Your RFP

Posted by Commonfund on Sep 23, 2019

Topic: Governance and Policy | Industry Knowledge | Outsourced Investing

Once an institution decides to pursue the outsourced CIO or investment office option, it usually leads to the creation of a request for proposal, or RFP...

Read Now

Traits of High-performing Boards … and Steps Toward Becoming One

Posted by Thomas L. Hyatt, Esq. on Aug 21, 2019

Topic: Governance and Policy

Boards that are exemplary for their development of and adherence to best governance practices have certain identifiable traits. But this is no accident—they have taken steps to elevate their practices and maintain them at the highest level.

Read now

Back to Basics: The ABCs of Governance

Posted by Thomas L. Hyatt, Esq. on Aug 12, 2019

Topic: Governance and Policy

Are you on the board of a nonprofit? If so, you have a unique responsibility in that you are a fiduciary. In an increasingly complex world of nonprofit governance, coupled with the range of legal compliance issues confronting boards today, it’s easy to lose sight of the fundamentals...

Read now

The 5 Top Stewardship Imperatives

Posted by Christopher K. Merker on Jul 17, 2019

Topic: Governance and Policy

Investment Stewardship Academy faculty member, Christopher K. Merker, a financial advisor and director of Private Asset Management at Robert W. Baird & Co., presents the five stewardship imperatives for trustees of nonprofit organizations.

Read now

Higher Education: Philanthropy is an Adjunct, Sensible Public Policy Deserves Tenure

Posted by George Suttles on Jul 8, 2019

Topic: Governance and Policy

Colleges and universities are straining to identify revenue streams apart from raising tuition to sustain their business model, but these strategies, including philanthropy, cannot substitute for public policy that adequately funds the higher education system. The ethical consideration here is that flawed policy continues to

Read now

Study of Independent Schools

Posted by Commonfund on Feb 27, 2019

Topic: Governance and Policy | Industry Knowledge

The Commonfund Benchmarks Study of independent Schools provides an analysis of the investment and governance policies and practices of U.S. independent day and boarding schools.

Learn more

What’s in the Data? HEPI 2018 Highlights

Posted by Commonfund Institute on Dec 26, 2018

Topic: Governance and Policy

Commonfund Higher Education Price Index (HEPI) 2018 shows that inflation for colleges and universities was 2.8 percent for fiscal year 2018, a decline from last year’s 3.3 percent but higher than the average for the preceding five fiscal years. Additionally, costs rose in all eight components tracked by HEPI. HEPI is an inflation index designed specifically for use by institutions of higher education. Compiled from data reported by government agencies and industry sources, HEPI measures the average relative level in the price of a fixed market basket of goods and services purchased by colleges and universities each year through current fund educational and general expenditures, excluding research. Highlights of the 2018 Study ....

Read now