{"product_id":"nonprofit-investment-policies-isbn-9780471178873","title":"Nonprofit Investment Policies","description":"An accessible and thorough guide to nonprofit investment policy fornonfinancial managers --essential information for maintainingfiscal health and the public trust\u003cbr\u003e \u003cbr\u003e The first book to discuss the development of investment policiesspecifically for nonprofit organizations, Nonprofit InvestmentPolicies helps directors, trustees, and development officers atnonprofits create sound, comprehensive policies for their financialadvisors. Covering every element of investment strategy fornonprofits, the book explains investing legal concerns, theinvestment environment, the internal organization of an efficientcharity, how to get started in investment, how to use investmentsuccesses as a fund-raising tool, and much more.\u003cbr\u003e \u003cbr\u003e Written in language that both financial and nonfinancial managerscan understand, Nonprofit Investment Policies includes:\u003cbr\u003e * An exploration of the unique characteristics of nonprofitresources, including endowment management, planned gifts, andsocially responsible investing\u003cbr\u003e * A full examination of the legal issues involved in nonprofitinvestment -- the tools officers and directors of charities need toprotect themselves from investment liability in an increasinglylitigious world\u003cbr\u003e * Case studies from the real world of nonprofit investment showingsuccessful policies in action --and failures that display policypitfalls to avoid\u003cbr\u003e * Advice on finding and hiring outside advisors, plus anexplanation of the essentials of investment accounting andperformance reporting\u003cbr\u003e * Tables and checklists to guide nonprofit managers in fiscaldecisionmaking.\u003cbr\u003e \u003cbr\u003e If a nonprofit organization has any money in the bank, theorganization already has an investment policy, however informal.For many nonprofits, managing extra money is such a novel conceptthat they don't take full advantage of their on-hand resources. Butas organizations grow and their financial conditions improve,decision-makers must consider how best to manage and invest theseadditional funds. The nonprofit organizations Robert P. Fry, Jr.works with understand investing and how to spot and avoid shadyinvestments, as well as how to safeguard assets. Written inlanguage that both financial and non-financial managers canunderstand, Nonprofit Investment Policies explains the basics ofinvesting, how investing for nonprofits is unique, and how to workwith an investment manager.\u003cbr\u003e \u003cbr\u003e This is not another get-rich-quick book about picking stocks andbonds. Rather, it is a book on how nonprofits can make gooddecisions. In the world of investments, good decisions areultimately more important than the occasional wizardry of anoutstanding portfolio manager, for unlike such wizardry, gooddecisions can be replicated in good times and bad by anyorganization that is committed to doing so --now, months from now,and years from now.\u003cbr\u003e \u003cbr\u003e Clearly written investment policies codify these good decisions,increasing returns on investments and protecting boards andexecutive directors from possible litigation over the handling ofthe nonprofit's assets. Fry's principal goal is to providesufficient information on the overall investment environment sothat any organization can comfortably implement investmentpolicies. Nonprofit Investment Policies includes sample investmentpolicies plus analysis and guidance on these policies to helporganizations develop the policies that most closely fit theirgoals and objectives, resources, time constraints, risk tolerance,and limitations. BACKGROUND AND THEORY.\u003cbr\u003e \u003cbr\u003e The Case for Investment Policies.\u003cbr\u003e \u003cbr\u003e The Legal Environment: Law, Tradition, and InvestmentPractices.\u003cbr\u003e \u003cbr\u003e The Investment Environment: Modern Portfolio Theory.\u003cbr\u003e \u003cbr\u003e OPERATIONS.\u003cbr\u003e \u003cbr\u003e Critical Internal Organizational Components of Investing.\u003cbr\u003e \u003cbr\u003e Getting Started.\u003cbr\u003e \u003cbr\u003e Hiring Help.\u003cbr\u003e \u003cbr\u003e Investment Accounting and Performance Reporting.\u003cbr\u003e \u003cbr\u003e UNIQUE NOT-FOR-PROFIT ISSUES.\u003cbr\u003e \u003cbr\u003e Investment Policy as a Fund-Raising Tool.\u003cbr\u003e \u003cbr\u003e Special Nonprofit Investment Problems.\u003cbr\u003e \u003cbr\u003e Putting It all Together.\u003cbr\u003e \u003cbr\u003e Appendices.\u003cbr\u003e \u003cbr\u003e Bibliography.\u003cbr\u003e \u003cbr\u003e Index. ROBERT P. FRY, Jr. is a senior philanthropic consultant with the philanthropic services group of an international financial firm in Los Angeles, California. If a nonprofit organization has any money in the bank, the organization already has an investment policy, however informal. For many nonprofits, managing extra money is such a novel concept that they don’t take full advantage of their on-hand resources. But as organizations grow and their financial conditions improve, decision-makers must consider how best to manage and invest these additional funds. The nonprofit organizations Robert P. Fry, Jr. works with understand investing and how to spot and avoid shady investments, as Well as how to safeguard assets. Written in language that both financial and nonfinancial managers can understand, Nonprofit Investment Policies explains the basics of investing, how investing for nonprofits is unique, and how to work with an investment manager. This is not another get-rich-quick book about picking stocks and bonds. Rather, it is a book on how nonprofits can make good decisions. In the world of investments, good decisions are ultimately more important than the occasional wizardry of an outstanding portfolio manager, for unlike such wizardry, good decisions can be replicated in good times and bad by any organization that is committed to doing so—now, months from now, and years from now. Clearly written investment policies codify these good decisions, increasing returns on investments and protecting boards and executive directors from possible litigation over the handling of the nonprofit’s assets. Fry’s principal goal is to provide sufficient information on the overall investment environment so that any organization can comfortably implement investment policies. Nonprofit Investment Policies includes sample investment policies plus analysis and guidance on these policies to help organizations develop the policies that most closely fit their goals and objectives, resources, time constraints, risk tolerance, and limitations.   An accessible and thorough guide to nonprofit investment policy for nonfinancial managers —essential information for maintaining fiscal health and the public trust  \u003cp\u003eThe first book to discuss the development of investment policies specifically for nonprofit organizations, Nonprofit Investment Policies helps directors, trustees, and development officers at nonprofits create sound, comprehensive policies for their financial advisors. Covering every element of investment strategy for nonprofits, the book explains investing legal concerns, the investment environment, the internal organization of an efficient charity, how to get started in investment, how to use investment successes as a fund-raising tool, and much more.\u003c\/p\u003e \u003cp\u003eWritten in language that both financial and nonfinancial managers can understand, Nonprofit Investment Policies includes:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAn exploration of the unique characteristics of nonprofit resources, including endowment management, planned gifts, and socially responsible investing\u003c\/li\u003e \u003cli\u003eA full examination of the legal issues involved in nonprofit investment — the tools officers and directors of charities need to protect themselves from investment liability in an increasingly litigious world\u003c\/li\u003e \u003cli\u003eCase studies from the real world of nonprofit investment showing successful policies in action —and failures that display policy pitfalls to avoid\u003c\/li\u003e \u003cli\u003eAdvice on finding and hiring outside advisors, plus an explanation of the essentials of investment accounting and performance reporting\u003c\/li\u003e \u003cli\u003eTables and checklists to guide nonprofit managers in fiscal decisionmaking.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIf a nonprofit organization has any money in the bank, the organization already has an investment policy, however informal. For many nonprofits, managing extra money is such a novel concept that they don't take full advantage of their on-hand resources. But as organizations grow and their financial conditions improve, decision-makers must consider how best to manage and invest these additional funds. The nonprofit organizations Robert P. Fry, Jr. works with understand investing and how to spot and avoid shady investments, as well as how to safeguard assets. Written in language that both financial and non-financial managers can understand, Nonprofit Investment Policies explains the basics of investing, how investing for nonprofits is unique, and how to work with an investment manager.\u003c\/p\u003e \u003cp\u003eThis is not another get-rich-quick book about picking stocks and bonds. Rather, it is a book on how nonprofits can make good decisions. In the world of investments, good decisions are ultimately more important than the occasional wizardry of an outstanding portfolio manager, for unlike such wizardry, good decisions can be replicated in good times and bad by any organization that is committed to doing so —now, months from now, and years from now.\u003c\/p\u003e \u003cp\u003eClearly written investment policies codify these good decisions, increasing returns on investments and protecting boards and executive directors from possible litigation over the handling of the nonprofit's assets. Fry's principal goal is to provide sufficient information on the overall investment environment so that any organization can comfortably implement investment policies. Nonprofit Investment Policies includes sample investment policies plus analysis and guidance on these policies to help organizations develop the policies that most closely fit their goals and objectives, resources, time constraints, risk tolerance, and limitations.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989697708261,"sku":"NP9780471178873","price":130.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471178873.jpg?v=1761785148","url":"https:\/\/k12savings.com\/products\/nonprofit-investment-policies-isbn-9780471178873","provider":"K12savings","version":"1.0","type":"link"}