Investing for Non-Profits: An Effective Investment Policy Statement

13 Nov 2016

Investing reserves on behalf of a foundation, charity or non-profit organisation is a tremendous privilege, and one that comes with significant responsibility. It requires a fiduciary mindset, a willingness to thoroughly address all aspects of stewardship, and a robust investment governance framework. It also requires the organisation to understand how its reserve assets serve its mission, and requires sound processes and a carefully considered investment plan. An effective investment policy statement fortifies these requirements by drawing them together into a single cohesive document.

This paper is an extract from Koda’s ‘The Investment Policy Statement Handbook’ and explores the key issues and benefits for non-profit organisations in preparing, implementing, maintaining and complying with an effective investment policy statement.

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