Foundation/Endowment Investment Direction

Situation:

A non-profit group established an investment committee to oversee the investments of the organization. The committee lacked investment guidelines, spending policies and ongoing investment review processes. They also were in need of better direction and focus around the competing objectives of the investments – current spending needs vs. long-term growth

Solution:

Partner Jim Gore has many years of experience working with large non-profit institutions including Indiana University and Fordham University. The time horizon for most non-profit institutions is extremely long, almost infinite. The first thing THOR did was create a close working relationship with the investment committee to establish a clearly defined investment policy. The policy was established not only to assist the current members of the committee, but more importantly, serve as a guideline for future members. As part of that policy, THOR helped the committee establish a spending policy, along with the investment objectives, that took into account the competing goals – current spending vs. the long-term nature of the assets. THOR was able to establish an investment direction and spending parameters that each of the diverse members of the committee could agree upon and would be in the best long-term interest of the non-profit organization.