Are you looking for proven strategies to help your foundation thrive?
In this episode, Bob DiMeo and Devon Francis speak with Jay Ruderman, president of the Ruderman Family Foundation. Jay reveals principles that have guided the Ruderman Family Foundation in making prudent management, investment, and strategic decisions, and explains how other foundations can emulate their success.
You will learn:
Why nonprofits should focus on both advocacy and funding to amplify their impact
An unconventional way to look at ESG investing that leads to “double impact”
How to identify unique charitable opportunities and avoid replication
Tune in to learn how you can lead your foundation to success!
Jay Ruderman is the President of the Ruderman Family Foundation, which focuses on the inclusion of people with disabilities worldwide and educating Israeli leaders on the American Jewish community. He also has served on the Board of Directors of the Jewish Funders Network and is a member of the American Jewish Joint Distribution Committee Executive Committee. In the fall of 2001, Jay became Deputy Director of the American Israel Public Affairs Committee (AIPAC) in New England. In 2005, Mr. Ruderman enlisted in the Israel Defense Forces (IDF), and became the liaison between the IDF and Diaspora Jewry. After his service in the IDF, he returned to AIPAC as the Leadership Director for AIPAC in Israel.
It’s been a year since Nonprofit Investment Stewards was launched!
A big thank you to all our wonderful listeners and guests who have been a part of this journey.
In this special episode, Bob DiMeo and Devon Francis take a trip down the memory lane, highlighting some of their most memorable episodes. Then, they move on to share five invaluable – and timely – tips for nonprofit investment committees and other stakeholders who oversee endowments and foundations.
You will learn:
Key takeaways from some of our most-downloaded episodes
Many investment, governance and cost saving strategies to advance your nonprofit’s mission
How investment committees can think about lower expected returns
Bob’s and Devon’s favorite moments from the podcasting journey
Tune in to revisit some of our best episodes, as well as gain fresh insights on how to make your nonprofit thrive!
With public equity markets reaching all-time highs in 2021, many investment committees are concerned about future returns.
Consequently, they are exploring or adding allocations to alternative investments, such as private equity.
In this episode, Bob DiMeo and Devon Francis speak with Matt Kaminski, partner and research director at Fiducient Advisors, who directs the firm’s Global Private Markets Group. Matt shares valuable insights to how nonprofit organizations can make private equity investments an integral part of their portfolio.
You will learn:
Key updates on private equity markets (past performance and future considerations)
Factors a nonprofit must consider when investing in PE
The potential benefits and pitfalls of private equity investments in today’s markets
Why private equity may not only be right for large endowments or foundations
Tune in to learn strategies for effectively investing in private equity markets!
As Partner and Research Director, Matt Kaminski directs Fiducient Advisors’ Global Private Markets Group, overseeing investment research and due diligence efforts. He is also a member of the firm’s Investment Committee, Research Forum, and Trustee-Direct Discretionary Committee. Matt joined Fiduciary Investment Advisors, LLC in 2009, which combined with Fiducient Advisors in 2020. Prior to joining the firm, he was an Investment Analyst and member of the Consultant Relations team at Fidelity Investments. Matt received a BSBA from Stonehill College, is a CFA® charterholder, and a member of the CFA Institute and the Hartford CFA Society. With his free time, Matt is on the Finance & Audit Committee for Foodshare, Inc. (a nonprofit anti-hunger organization in the greater Hartford area). His personal interests include fishing and biking.
Focusing on diversity, equity, and inclusion (DEI) is more than just the “right thing to do.” It can help your nonprofit make better decisions and achieve greater results.
In this episode, Bob DiMeo and Devon Francis speak with Cynthia Primo Martin, founder of the Trustees of Color initiative. They discuss actionable strategies to create diverse investment committees, overcome common DEI challenges, and leverage DEI initiatives to achieve your core organizational mission.
You will learn:
Top recruitment and selection practices for nonprofit boards and investment committees
Why nonprofit leaders should be intentional with their DEI efforts
How “board readiness” helps you overcome personal biases & become more accessible
How diverse committees are more likely to achieve better investment returns
Tune in to gain valuable insights into how DEI plays an important role in charitable organizations.
Cynthia Primo Martin is the founder of the Trustees of Color initiative, whose mission is to ensure that nonprofit boards are inclusive of people of color. Cynthia has served as a director and trustee of many nonprofit organizations, including the University of Delaware, Delaware Symphony Association, African-American Endowment Fund at DCF, and the Waterson Family Foundation. Earlier in her career, she served as human resources and equal employment opportunity director for a major insurance company. Cynthia is also the author of “Handbook for Nonprofit Leadership: Recruiting, Training and Engaging Trustees of Color.”
Nonprofits seek to attract, retain and reward great people – an attractive retirement plan is part of the solve.
In this episode, Bob DiMeo and Devon Francis speak with Vin Smith, partner and practice leader of the nonprofit defined contribution practice at Fiducient Advisors. They help nonprofit leaders better design their 403(b) plans, create efficient investment menus, and evaluate their existing fee structures to remain relevant.
You will learn:
How retirement plans for nonprofits have evolved, and how to optimize yours
How to create a fee structure that is fair for all plan participants, and helps avoid litigation
Best practices to optimize both governance and fund selection for 403(b) plans
Ways to incorporate ESG investing into your 403(b) plan
Tune in to learn how you can help your nonprofits remain relevant in the 403(b) landscape!
As a Partner and Senior Consultant in our Boston Office, Vin services institutional clients by providing advice and counsel on all areas of fund oversight including policy, asset allocation, manager research, portfolio structure, portfolio rebalancing, performance monitoring and overall investment policy. He serves on the firm’s Defined Contribution Business Council and the Defined Contribution Discretionary Committee. Vin joined Fiduciary Investment Advisors, LLC in 2011, which combined with Fiducient Advisors in 2020. Prior to joining the firm, he was a senior member of the consulting teams at Cammack LaRhette Consulting and Longfellow Advisors. He earned his BSBA from Stonehill College and is an Accredited Investment Fiduciary®. Vin serves on the Board of Directors for Mentor Rhode Island, an affiliate of a national organization focusing on creating quality youth mentorship programs. His personal interests include running and fishing.
If you’re looking for investment strategies that help your nonprofit stay relevant in today’s ever-changing markets, then this episode is for you.
In this show, Bob DiMeo and Devon Francis speak with Brad Long, CFA, partner and research director at Fiducient Advisors, who oversees the firm’s global public markets. They discuss crucial investment considerations for endowments, such as active versus passive investing, portfolio diversification, and mission-aligned investment.
You will learn:
How to construct an optimal portfolio using both active and passive asset management
The need to diversify, especially now – and how allocation strategies can evolve over time
How your nonprofit can achieve mission-aligned investment objectives
Tips for investment committees to overcome emotions and make rational decisions
Tune in to learn how you can help your nonprofits prosper by making prudent investment decisions!
As Partner and Research Director at Fiducient Advisors, Brad Long oversees the firm’s Global Public Markets research efforts with responsibility for global equity, global fixed income, and global real assets. He is also a voting member of the firm’s Investment Committee, member of the firm’s Discretionary Committee, Research Forum, Capital Markets Team, and Mission-Aligned Investing Committee. In 2019, Brad was named a “Rising Star” in City Wire’s annual Professional Buyer publication for his contributions in the investment manager research industry.
Oftentimes, the best way to communicate your nonprofit’s core values and mission to your audience is through storytelling.
In this episode, Bob DiMeo and Devon Francis are joined by Park Howell, founder of Business of Story, brand storytelling strategist, and international keynote speaker. As the world’s most industrious storyteller, Park discusses how charitable organizations can craft and leverage compelling stories to communicate their investment strategies, exceed their fundraising goals, optimize their mission-aligned message, and ultimately amplify their impact.
You will learn:
How storytelling can improve your message to your endowment stakeholders
The ABT (And, But, Therefore) narrative that adds meaningful context to financial data
How storytelling turns your nonprofit into a purpose-driven brand that resonates strongly
Why stories are a crucial component of ESG investing
Tune in to learn how you can help your nonprofit prosper using the art of storytelling!
Park Howell is the founder of Business of Story, through which he has helped thousands of purpose-driven leaders master business storytelling and grow through a crystal clear vision and mission. As the world’s most industrious storyteller and a 30+ year veteran of branding, marketing and sales, Park works internationally with brand leadership, their marketers and sales teams to help them craft and tell endearingly authentic stories that sell. In addition to being an expert storytelling coach, Park also hosts the popular Business of Story podcast ranked among the top 10% of downloaded shows in the world.
With limited resources and staff, it can be difficult for investment committees to focus on both endowment management and the advancement of the organization’s mission.
This circumstance has compelled many nonprofits to consider the Outsourced Chief Investment Officer (OCIO) model.
In this episode, Bob DiMeo and Devon Francis are joined by Matt Porter, managing partner and head of endowments and foundations at Fiducient Advisors. Matt explains how an OCIO might help your investment committee optimize decisions, reduce administrative burden, and more efficiently approach portfolio management to better focus on your nonprofit’s long-term goals.
You will learn:
The key differences between an OCIO model and traditional investment consulting
Specific duties that can be offloaded by nonprofits through an OCIO approach
Major advantages and pitfalls of OCIO endowment management
How to outsource various responsibilities while still maintaining decision-making authority within your organization
Tune in to learn how the OCIO model can help today’s nonprofits optimize their investment management!
As Head of Endowments and Foundations, Matt Porter challenges firm members to think about and embrace innovation and knowledge development. As a Senior Consultant, he advises institutional clients on a variety of topics, including asset allocation, investment manager relations and portfolio rebalances. Matt is the Chair of the Investment Committee, which sets all investment policies for the firm, establishes the framework for asset allocation and reviews and approves investment managers. Matt also leads the firm’s Endowment & Foundation Business Council and is a member of the firm’s Research Forum and Discretionary Committee.
Amidst financial planning and endowment management, it’s common for institutions to underestimate the impact that operations can have in sustaining a nonprofit.
In this episode, Bob DiMeo and Devon Francis are joined by Jeff Bethke, managing partner at Ingenuity Advising, to help your nonprofit optimize both financial and operational planning. Jeff draws from his experience as former executive vice president and CFO at DePaul University to explain how educational institutions can overcome common investment challenges while developing operational efficiencies.
You will learn:
How to tackle the looming demographic crisis facing higher education
Effective endowment management strategies for schools
Ways in which your nonprofit’s finances and operations directly influence each other
Proven best practices for institutional governance and investment committee structures
Tune in to learn how you can achieve both financial and operational competence within your nonprofit.
Jeffery Bethke has more than 20 years of higher education and not-for-profit finance and operations experience and a decade in consulting and corporate management roles. Before launching Ingenuity Advising in 2021, Jeff served as executive vice president and chief financial officer at DePaul University, one of the nation’s largest private universities, where he oversaw the institution’s finance and budgeting functions, facility operations, human resources, information technology, internal audit, public safety, student housing, dining operations, community and government relations and other operational areas.
For high-net-worth families who are charitably inclined, private foundations are a great way to make an impact while maintaining control over your investments.
In this episode, Bob DiMeo and Devon Francis speak with Adam Newell, partner at Fiducient Advisors and director of consulting at The Wealth Office®. Adam helps charitable foundations overcome common challenges, shares investment strategies used by successful families and discusses how foundations might avoid getting flagged by the IRS.
You will learn:
Portfolio management tips to help your foundation meet the 5% spending requirement
How private foundations differ from donor-advised funds
Tax considerations to keep in mind while making investment decisions
Ways to involve future generations in your nonprofit’s charitable mission
Tune in to learn how you can successfully manage your private foundation with Adam Newell.
As a partner at Fiducient Advisors and director of consulting for The Wealth Office®, Adam Newell, CFA®, CFP®, is responsible for the oversight of the firm’s Wealth Office® consultants and setting the strategic direction for the group’s consulting business. He also provides investment expertise to a number of high-net-worth families, private foundations, and nonprofit clients. Adam is a voting member of the Investment Committee that sets investment policy, establishes the framework for asset allocation and approves investment managers.