Second edition
Since the first edition of this handbook was published in 2015, the investing landscape for non-profit organizations has continued to evolve. Accordingly, we’ve updated this second edition to address the decisions facing non-profit fiduciaries, including:
- Whether to exist in perpetuity or not
- Spending rates, risk tolerance, liquidity needs, and strategic asset allocation
- Ways to enhance returns without taking on additional risk
- Outsource chief investment officer (CIO) providers to supplement the expertise within their organizations