Endowment Concepts and Practices in Changing Times

The endowment fund is a crucial financial resource for many nonprofits, especially during the pandemic. Many nonprofits now are looking to start or grow endowment funds to help support their missions for the future. Each endowment has a unique beginning and style of management and oversight. Many executive directors, development directors, and trustees know the importance of endowments but are not closely engaged with the process. Yet, many now are being asked to support campaigns that seek to start or expand an 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 also will 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 also is very helpful to nonprofits that are planning to start their first endowment fund. Each participant will research a specific nonprofit throughout the course and develop a customized strategic endowment plan for it. The course also will cover the importance of starting a legacy program and closing legacy gifts.

  • The Mission of an Endowment
  • Different Types of Endowments
  • The Impact on Budgets
  • Endowment Governance: UPMIFA/NYPMIFA
  • Sustainable Spending Rates
  • Endowment & Foundation Trends
  • Bequest Programs
  • Named Endowment Funds
  • Growing Endowment through a Capital Campaign
  • Different Models of Management
  • Asset Allocation Discussion: Risk and Return
  • Long Term Market Expectations

Note: Effective spring 2021, full participation in Endowment Concepts and Practices in Changing Times is applicable for 8 points in Category 1.B – Education of the CFRE International application for initial certification and/or recertification.

More details

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
NO open sections available for this course at the moment. Please check back next semester.