Learning how to utilize and invest reserves to take advantage of the possibilities in the 21st century investment climate is imperative for nonprofit organizations.
Written for nonprofit executives, staff members, and board members, Minding the Money will introduce your organization to the current investment world of hard won dollars and will involve nonprofit board members in investment planning in a non-intimidating way. To increase your understanding of nonprofit investment management, this book addresses:
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Assessing an organization's tolerance for risk
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The role of the investment committee and board members in investing
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Reviewing financial performance
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Selecting investment advisors
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Alternative investments and portfolio theory
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Taking into account the legal environment
With action questions, helpful tips, and real-life case studies, readers will understand difficult financial concepts they can implement in their own board service. Don't miss the customizable CD-ROM with practical appendices, including sample policies, self-guided investment audits, and Web links to applicable state statues.