Investment Strategy | Insights Blog
There are several broad subjects that an effective investment policy statement (IPS) should include in its contents and address clearly and specifically as they relate to an endowed institution. This...
Governance And Policy | Insights Blog
More and more endowments and foundations are entering outsourced chief investment officer (OCIO) relationships as long-term mission-aligned investing becomes mired in the complexity of rapidly...
Diversity | Articles
Affirmative action, a practice used since the 1960s to edge toward equity and address historical and ongoing injustice through higher education attainment, was struck down last month by the Supreme...
Governance And Policy | Insights Blog
It is essential that trustees of endowed portfolios hold themselves accountable to a set of standards in order to maintain sound governance practices. Fiduciary duty is an important part of the...
Investment Strategy | Articles
A deep dive into independent school endowment's trends FY2005-FY2022, including analysis of asset allocation, performance, spending and contributions, plus a perspective on future developments....
Investment Strategy | Insights Blog
Investment policy statements usually contain a section that purports to define the institution’s risk tolerance. But they frequently only gesture in the direction of risk, without actually examining...
Governance And Policy | Insights Blog
The structure of a board can help, or hamper, its effectiveness, and consideration of these matters is important to improving a board’s performance. Factors such as size, board chair, diversity and...
Governance And Policy | Insights Blog
Endowed institutions differ in their missions, capabilities and resources, and investment policy statements naturally mirror these differences. In that sense, there is no single ‘right’ investment...
Governance And Policy | Insights Blog
Boards that are exemplary for their 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...
Investment Strategy | Insights Blog
Commonfund is proud to contribute a chapter to NBOA’s new book “The Business of Independent Schools – A Leader’s Guide” – a new edition of “By the Numbers and Beyond.” This publication provides...
Governance And Policy | Articles
Given the disruption to “normalcy” brought on by the COVID-19 pandemic and the racial justice issues that erupted in the U.S. in 2020 and continue today, some may say it has been a time of reckoning...
Governance And Policy | Articles
Reflections from the Council on Foundations' webinar The 2020 Council on Foundations-Commonfund Study of Investment of Endowments for Private and Community Foundations (CCSF) is the field’s most...
Governance And Policy | Articles
The call for private and community foundation boards to embrace and demonstrate diversity at the senior leadership and board level has never been more urgent. Yet, with a growing base of research...
Governance And Policy | Insights Blog
Independent schools have been faced with fundamental shifts in their business model and have adapted to stay true to their educational missions. This year has been particularly difficult for many...
Private Equity | Private Equity Insights
In celebration of Black History Month, Commonfund Institute Executive Director, George Suttles, and Commonfund Director, Nicole Melwood, interview Ray Whiteman, Managing Partner and co-Founder of...
Governance And Policy | Insights Blog
This year has been incredibly difficult. One of the most contentious and turbulent presidential elections and transitions in American History. COVID-19 and the consequential social and economic...
Governance And Policy | Insights Blog
As the world continues to grapple with the social, economic, and public health implications of the current COVID-19 crisis, nonprofit organizations and their boards are working tirelessly to...
Responsible Investing | Articles
Intergenerational equity was defined by economist James Tobin in 1974. He wrote, “The trustees of endowed institutions are the guardians of the future against the claims of the present. Their task in...
Governance And Policy | Articles
Many institutions recognize the need for diversity and inclusion on their boards and investment committees. Diverse and inclusive boards can make more effective decisions, design and deliver...
Governance And Policy | Insights Blog
In the last few months, high profile nonprofit institutions have come under intense scrutiny for ethical dilemmas pertaining to the stewardship of resources meant to support mission. This is Part...
City of the Big Shoulders: Key Takeaways from our Chicago CIO/CFO Roundtable