Non Profits

Advancing the causes that are important to you

Are you concerned with the legal responsibilities that lie with you as a board member or person-in-charge of a Non-profit organization? We can help make sure your organization has the proper policies and procedures in place.

As a board member, or person-in-charge of a non-profit organization, you might be asking if you are a fiduciary. You are if you exercise any discretionary authority over the management or disposition of assets for the organization. As such, you must comply with core fiduciary responsibilities:

Prudence – To act with care, prudence, and diligence in the management of the organization’s assets
Loyalty – To act solely in the best interest of the beneficiaries of the organization
Adherence – To act in accordance with all documents governing the organization

What does it mean to be a fiduciary? What responsibilities are involved and what kind of liability do fiduciaries have? As a fiduciary, it is necessary that you understand your role, responsibilities, and obligations. Without this knowledge, you will not only be ill-equipped to properly perform your job, but you may be putting yourself at risk for legal action.

Investment Policy Statement

We can help you create and implement an appropriate investment policy statement that aligns with the trust rules in your state such as UPMIFA.

Spending Policies

We can help you create spending policies that align with your organizations goals as well as the trust rules in your state such as UPMIFA. Creating distributing buckets to minimize market volatility affecting spending.

Fiduciary Coaching

There should be a process in place to periodically review the organization’s effectiveness in meeting its fiduciary responsibilities. We can help you define this process.

Management of assets

We can bring all the services together and manage your portfolio based on the organization’s needs today and into the future.