eCIO

Join us for our monthly market recap as we discuss market performance & highlights for October. #marketinaminute #marketupdate #investmentmanagement #nonprofit #investing #assetmanagement #market #commentary https://lnkd.in/ekn2QDAz

?? Has your organization reviewed its Investment Policy Statement recently? ???? A well-crafted Investment Policy Statement (IPS) is essential for meeting your fiduciary obligations and providing clear guidance for the oversight of your organization's assets. It serves as a roadmap for prudent investment decision-making. Here are 3 essential elements of an effective IPS: 1?? A Clear Definition of Duties and Responsibilities: Define the roles and responsibilities of those involved in the investment process, including the board, investment committee, and any external advisors. This promotes accountability and ensures everyone understands their obligations. 2?? A Structure to Identify Risk and Allocate Among Asset Classes: Establish a framework for assessing risk tolerance and determining asset allocation strategies. This helps align investments with your organization's goals, risk appetite, and time horizon. 3?? A Clearly Defined Spending Policy: Outline guidelines for spending from your organization's assets. This includes considerations such as spending rate, factors influencing spending decisions, and the intended purpose of funds. ?? Download eCIO's comprehensive resource to learn how to construct an efficient Investment Policy Statement. Gain valuable insights and practical guidance on crafting a robust IPS that aligns with your nonprofit's objectives, supports prudent investment practices, and enhances financial stewardship. Ensure your organization has a strong foundation for investment oversight by revisiting and refining your Investment Policy Statement today. #NonprofitFinance #InvestmentPolicyStatement #FiduciaryObligations #FinancialStewardship #InvestmentOversight https://hubs.la/Q033m_W90

We are excited to recognize AMERIPEN, a national advocacy organization based in Springfield, MA. AMERIPEN represents the North American packaging value chain by providing public policymakers with fact-based, material-inclusive, scientific information. AMERIPEN develops and advocates positions on issues related to packaging and the environment. Their members include leading brand owners, packaging converters, materials suppliers, and recyclers. Among their initiatives, AMERIPEN is leading on food waste by articulating the role of packaging in prevention, identifying best practices, and elevating case studies to understand that a little packaging can reduce a lot of waste. At eCIO, we are excited to collaborate with AMERIPEN to create a strong investment program to help support their important work. #Nonprofits #InvestmentManagement #SustainableInvesting #PackagingIndustry #EnvironmentalAdvocacy #FoodWasteReduction #CircularEconomy #ESG #NonprofitFinance #MissionDrivenInvesting #PublicPolicy #Sustainability #EndowmentManagement #eCIO #AMERIPEN #ImpactInvesting

?? Your board has a fiduciary responsibility to oversee your nonprofit's investment program. ???? ?To ensure you're fulfilling this duty effectively, it's crucial to regularly assess and evaluate your nonprofit's investment program. We have developed a comprehensive fiduciary checklist that can assist you in conducting a self-assessment and strengthening your organization's investment practices. Download the fiduciary checklist now to identify areas of strength and areas that may require improvement within your nonprofit's investment program. Strengthening your fiduciary oversight will help safeguard your organization's assets and ensure they are managed in the best interest of your mission. Take the proactive step towards effective fiduciary governance by downloading our fiduciary checklist today. #NonprofitFinance #FiduciaryResponsibility #InvestmentProgram #BoardGovernance #FinancialOversight https://hubs.la/Q033m_RD0

?? Planning a capital campaign can be a complex endeavor for nonprofit boards. To simplify the process, we've created a concise guide that walks you through the key stages of a successful capital campaign. ?? Empower your board with the knowledge they need to lead your organization to success and make a lasting impact. ?? Download the guide today and start planning your campaign with confidence! #NonprofitSuccess #CapitalCampaign #NonprofitBoards #FundraisingStrategy #CampaignPlanning #Philanthropy #BoardLeadership #NonprofitGrowth #NonprofitLeadership #eCIO https://hubs.la/Q033n4Jc0

Learn about the Uniform Prudent Management of Institutional Funds Act (UPMIFA), which provides guidelines for managing, investing, and spending funds held by charities, including endowments. https://hubs.la/Q033m_Ng0

Do you have questions about endowment or nonprofit investing? Take advantage of professionals with specialized experience in the nonprofit space. Privileged to work exclusively with tax-exempt organizations, we field questions every day from nonprofits across the country. We answer questions like: What should my organization be paying in investment fees? What policies and procedures should my investment oversight group have in place? Why is it important for a nonprofit to work with an advisor who is a fiduciary? Download eCIO's full report on investment questions to learn the answers. https://hubs.la/Q033n12p0

?? Are you considering whether a new investment advisor may be better for your organization? You're not alone! ???? If you're experiencing any of these concerns, it might be time to consider replacing your organization's investment advisor. Here are 5 top reasons we've heard from our nonprofit clients as to why they decided to make a change: 1?? Poor investment results: If your current advisor has consistently delivered subpar investment performance, it could be a sign to explore alternatives that can better align with your financial goals. 2?? Poor communication: Open and effective communication is essential. If your advisor is lacking in responsiveness, transparency, or fails to keep you informed, it may be time to find a partner who prioritizes clear and regular communication. 3?? Paying too much in advisor fees: Overpaying for advisory services can eat into your organization's financial resources. If you feel you're not receiving commensurate value for the fees you're paying, it's worth exploring other options. 4?? Desire nonprofit specialization: Nonprofit organizations have unique financial considerations. If your current advisor lacks expertise and understanding in serving the nonprofit sector, it may be beneficial to seek an advisor with specialized knowledge in nonprofit finance. 5?? Disappointing digital experience: In today's digital world, convenient and efficient digital platforms and tools are essential for managing investments. If your current advisor's digital experience falls short, it may be time to upgrade to a provider with a more user-friendly and technologically advanced platform. ?? Download eCIO's resource to gain further insights. Discover how finding the right investment advisor can address these issues and help propel your organization towards financial success. #NonprofitFinance #InvestmentAdvisor #FinancialSuccess #OrganizationGrowth #InvestmentManagement https://hubs.la/Q033m_W80

?? One of the key responsibilities of a nonprofit board is to ensure the responsible management of the organization's assets. ???? Selecting a qualified investment advisor is crucial in fulfilling this responsibility. The right advisor will serve as a trusted co-fiduciary, working hand-in-hand with your organization to optimize financial outcomes. Discover what factors to consider when selecting an asset manager for your nonprofit organization in our latest article, "How to Select an Investment Advisor for Your Nonprofit Organization." Gain valuable insights into the key qualities and considerations that can guide you towards making a well-informed decision. Read the article to empower your board with the knowledge and tools necessary to choose an investment advisor that aligns with your organization's goals and values. #NonprofitFinance #InvestmentAdvisor #FiduciaryDuty #FinancialManagement #NonprofitSuccess https://hubs.la/Q033m_Ks0

?? Navigating the complexities of a capital campaign can be challenging for nonprofits. To ensure your efforts are organized, efficient, and set up for success, explore these three essential tools designed specifically to help you manage every stage of your campaign effectively. ???? Discover how to streamline your strategy and maximize your impact. ?? #NonprofitSuccess #CapitalCampaign #FundraisingTools #NonprofitStrategy #NonprofitLeadership #NonprofitFundraising #CampaignPlanning #Philanthropy #NonprofitSupport #eCIO https://hubs.la/Q033mRDt0