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.
In this episode, Bob DiMeo and Devon Francis talk to Jeffrey Shields, president and CEO at National Business Officers Association (NBOA). Jeff shares insights into the challenges independent schools face including enrollment and optimizing their endowment funds.
You will learn:
Ways to contend with major financial challenges faced by independent schools
The impact of tuition pricing on enrollment demand
The important role an endowment plays for private schools
Best practices for private school investment committees
Tune in to learn how independent schools can thrive in the post-pandemic world.
Jeff Shields, FASAE, CAE, has been the president and CEO of the National Business Officers Association (NBOA) for over 10 years. NBOA is the premier national association serving the needs of business officers and business operations staff at independent schools. Shields also serves as a member of the board of directors at the American Society of Association Executives (ASAE) and a trustee for the Enrollment Management Association (EMA). Previously, he served as a trustee for One Schoolhouse, an innovative online school offering supplemental education to independent schools, and Georgetown Day School in Washington, DC. He holds a B.A. from Shippensburg University and an M.A. from The Ohio State University.
Regularly assessing the impact of your nonprofit’s initiatives and even its mission is more important than ever to all stakeholders including your donors.
In this episode, Bob DiMeo and Devon Francis speak with Annie Duflo, executive director at Innovations for Poverty Action. Together, they explore the steps involved in using effective data that fits your organizational needs, analyzing it to identify the core issues and investment opportunities, and making more informed decisions that help you achieve your nonprofit’s mission.
How data-driven decisions can help your nonprofit achieve significantly higher returns on investment
Ways to ensure that your data is not under-utilized
How IPA conducted extensive research on microcredit to study the impact on poverty
Tips to help you adapt your initiatives and programs to a larger scale
Annie Duflo is responsible for leading the strategic directions of Innovations for Poverty Action (IPA), the implementation of its strategic plan, and the day to day operations. Prior to joining IPA, Annie was the Executive Director of the Centre for Microfinance (CMF) in Chennai, India. Annie holds a Master of Public Administration and International Development degree from Harvard University’s John F. Kennedy School of Government and Master in Social Sciences from EHESS (École des Hautes Études en Sciences Sociales)/ ENS (École Normale Supérieure) in Paris
It is projected that by the year 2025, more than 50% of the population will be aged 65 and older.
Leadership at senior living communities must keep up and adapt to changes in the industry to be financially prepared for the future of senior living.
In this episode, Bob DiMeo and Devon Francis sit down with David Bordonaro, president of McLean Senior Living Community, as they talk about the senior living industry, its opportunities and its financial challenges. David shares how McLean has updated their business model to reflect changes within the sector, and how they manage their investments.
In this episode, you will learn:
The changes McLean has implemented to better serve their community
The various investment pools that fall under the McLean umbrella
Which services offered by McLean have had the greatest growth
How inflation could impact the senior living industry as a whole
Tune in now to discover how McLean evolved their business model and how their investments could impact the next generation of seniors!
Managing liquidity, identifying suitable governance policies, and building the right investment committee are just a few of the challenges that nonprofits face on a regular basis.
How can you navigate these challenges with greater ease?
Find out in this episode, as Bob DiMeo and Devon Francis talk with Dennis Morrone, managing partner of Grant Thornton LLP’s not-for-profit and higher education practices. Together, they provide proactive solutions to common challenges that nonprofits face in every sector.
You will learn:
How to evolve your nonprofit’s governance structure and adapt to the changing environment
Scenario planning for endowment and enterprise risk management
How to align your audit, finance, and investment committees
The impact of COIVD-19 on various nonprofit sub-sectors
Tune in now to learn how you can overcome challenges faced by nonprofit leaders!
An investment committee member might be doing everything right. But just one wrong move could derail an endowment or foundation from your path to success.
To help prevent this, Bob DiMeo and Devon Francis share their list of the 10 Best Investment Committee Practices in this episode. These tactics are extremely powerful and can have a significant impact on the success of your portfolio and your mission.
You will learn:
Qualities that define an ideal investment committee member
How to maintain an unwavering focus on your nonprofit’s long-term mission
Tips for making your committee meetings more efficient and productive
Why you should always remain curious and learn new things
Tune in now to learn effective strategies to improve your investment committees!