Investment & Spending Policies

The intricacies of spending policies, investing decisions, asset allocation can be overwhelming. As a philanthropic executive or board member, however, it is critical for you to remain engaged in the investment management process. The Council can help with these efforts by offering a wide range of investment and spending policy resources to help your foundation follow sound governance procedures.

In-Depth knowledge on Investment & Spending Policies

The Council on Foundations-Commonfund Study of Responsible Investing, believed to be the largest of its kind, provides foundations with invaluable insights into how the sector and individual portfolios are being shaped by responsible investing practices, potential hurdles to their adoption, and what the entry points are for those interested in fully engaging these practices in their endowment strategies.

Investors are facing one of the worst starts to a calendar year on record. Volatility in China, rising interest rates in the US, and falling oil prices have all contributed to the markets’ unease. The ongoing correction has seen stock prices tumble more than 10% from their most recent peak, and many are wondering if 2016 will have more drops in store. At the same time, many experts believe that the American economy remains fundamentally strong and that recent turbulence could pass.

“If I create a fund at the community foundation, can my investment manager still manage the funds?” You may have already come across a donor that asked this question. Such a donor is essentially requesting that the fund they create be invested outside of the foundation’s investment pool(s). While there are cases where the answer must be “no” (e.g., donor wants the investment firm she owns to manage the assets), there are also cases where the answer should be “no.” A strong policy will guide the community foundation in those cases where the answer may be “yes.”