Non-Profit Boards
Advisory and investment services for nonprofit
TFC's strategic planning techniques can help fiduciaries who are responsible for endowment and foundation portfolios. We begin each engagement with the careful definition of the organization's purpose, vision, and stated goals. Once embraced by the full board, these objectives are translated into a detailed Investment Policy Statement that becomes the blueprint for the board's oversight and investment portfolio structure. The Investment Policy Statement also details monitoring functions (such as account segment benchmark comparisons and risk-adjusted return measures) and feedback procedures, as well as the portfolio rebalancing process.
Non-profit board members are fiduciaries who are liable not only for the results achieved during their stewardship, but also for the integrity of the decision-making process followed to achieve the results. In today's litigious world, where style often trumps substance, boards entrusted with portfolios valued between $5 million and $20 million often need professional assistance to both develop and implement management policies. The need is for a plan that will achieve enhanced practical results while shielding the fiduciary from personal financial exposure. Our firm fully understands these risks. As a part of our service, we offer our large conference room at 30 Federal Street to non-profit board clients wishing to hold meetings in Boston's Financial District.