board members

Corporations, including nonprofit corporations, face key decisions in supervising investment funds. The legal requirement to ensure the fiduciary management of a corporation’s investment funds rests solely with the corporation’s board of directors.      Regardless of the size of the corporation or its investments, every board of directors must, at a minimum, start with…

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Nonprofit and foundation board members owe the same fiduciary responsibilities to the management of assets as their for-profit counterparts. While outsourcing asset management to an independent, full-time fiduciary advisor can assist with the process, it is critical for nonprofit organizations to develop an appropriate Investment Policy Statement (IPS) to ensure that the limited resources of…

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You might not guess that in the United States alone, non-profit corporations and foundations manage more than $5 trillion in assets. If U.S. non-profits and foundations were a country, they’d represent the 20th largest economic power in the world, wedged somewhere in between Argentina and Saudi Arabia.      Large or small, the institutional…

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