By Katie Bascuas for Associations Now
A new benchmarking survey indicates that many nonprofit organizations lack clear guidelines when it comes to their investment policies. Find out how having a clear set of protocol around your investment strategies can help reduce risk and increase returns.
What kind of guidelines does your association have around its investment policies?
This was a question posed by the recent “Study on Nonprofit Investing” (SONI) [ available to study participants only], conducted Raffa Wealth Management. In somewhat of a surprise, the survey of more than 150 finance executives from trade associations, public charities, and other nonprofit organizations found that, for a significant amount of nonprofits, the answer was “little to none.”