Investment advisors aren’t just for large not-for-profits. Even smaller nonprofits with modest endowments can benefit from hiring an investment manager. Ask peer organizations and board members to suggest qualified individuals with nonprofit endowment experience. Candidates should submit detailed proposals about how they’d manage your nonprofit’s money and their preferred compensation form. Look for someone who closely follows market movements, has a thorough understanding of different types of investments and can create and manage a balanced portfolio. Contact us for recommendations.
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You must report certain assets and liabilities (such as derivatives and intangibles acquired in a business combination) at fair value, rather than historic cost....
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