The endowment fund is a crucial financial resource for many nonprofits, especially during these current times. Each endowment has a unique beginning and a unique style of management and oversight. Many executive directors, development directors, and trustees know the importance of endowments but are not closely engaged with the endowment process. Yet, many are being asked to support campaigns that seek to both start and expand the endowment, and donors and stakeholders often ask probing questions about the endowment to the nonprofit leadership team. This course will help enhance the knowledge of endowment concepts and practices for the leadership as well as key development staff and trustees. It will also provide the basics of the ongoing investment management process and inspire staff and leadership to have more knowledge and confidence when discussing the endowment process. This course is very helpful to those nonprofits that are planning to start their first endowment fund or planning to grow their endowment. Each student will research a specific nonprofit through-out the class and develop a customized Strategic Endowment Plan. The course will also focus on Donor Advised Funds and provide insights on how to market to them and use them to fund the endowment.
 
Full participation in this course is applicable for 10 points in Category 1.B - Education of the CFRE International application for initial certification and/or recertification.
Continuing Education Units (CEU) : 1

You'll walk away with

• Learn the basics of endowments
• Knowledge of the basics of the ongoing investment management process
• The ability to incorporate endowed gifts into a campaign
• An understanding of the importance of legacy programs and closing legacy gifts

Ideal for

• Development officers and nonprofit financial officers and staff members
• Volunteer board members and trustees