Endowments: Do You Need One & How To Manage Them Well

Endowments: Do You Need One & How To Manage Them Well

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DATE: March 26, 2020 2:00 – 3:00 EST

In the eyes of some nonprofit board and executive leaders, an endowment is a desirous component of a long-term organizational sustainability plan. What's more long-term than funds that will never be expired after all? Others challenge that notion, questioning the illiquidity of endowments and the soft interest-rate environment we have been in for some time. In fact, endowments are one of an array of approaches an organization can take to securing funds for the long term.

Do you have an endowment now? Are you considering one? Are you concerned with how to save funds for future years and perhaps, future leaders who will step into executive and board roles in turbulent times? In this session, veteran executive and CFO Paul Sussman will walk you through how to think about endowments relative to other savings and interest-earning options. And if you do have or want to purse an endowment, he'll provide insightful, real-world guidance on how to manage them effectively.

Among the topics Paul will cover:
  1. What is an endowment and how does it compare to other savings and earnings options?
  2. What are common misconceptions about holding an endowment?
  3. What organizations should probably stay clear of endowments; which would benefit?
  4. What are the regulatory and compliance issues associated with endowments?
  5. What are the keys to managing endowments well?
This session is ideal for executives, CFOs, development directors, board members, and anyone considering or actively managing an endowment at a nonprofit organization.

 


Faculty:

 Paul Sussman

Paul Sussman
Consultant, former CFO Tenderloin Neighborhood Housing Corporation, former CEO Norther California Community Loan Fund