PARTNER WITH A FIDUCIARY
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IMPLEMENT A SOUND STRATEGY
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CONFIDENTLY PURSUE YOUR MISSION
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We understand the challenges of nonprofit and foundation management.
A nonprofit cannot fulfill its mission if it doesn’t have adequate resources, both now and in the future. It can be a challenge to manage:
Operational costs
Capital growth expenditures
Increasing awareness among your target audience
Raising funds from donors
Capital growth expenditures
Increasing awareness among your target audience
Raising funds from donors
We understand the responsibility of stewardship as it applies to your organization’s endowment.
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Selecting the right investment advisor for your foundation or nonprofit is a great responsibility. We believe you should partner with a fiduciary advisor you can trust to nurture assets and donor gifts.
Carnegie is an SEC Registered Investment Advisor, dedicated to serving clients by the fiduciary standard, often considered the highest standard of care. As a financial advisory firm for nonprofits and foundations, we place your organization’s best interest at the heart of our work. We are prepared to partner with you to increase the likelihood of financial success, so you can focus on making a positive impact in your community. |
Take advantage of these Carnegie benefits:
Fiduciary duty Independently owned Ranked Top 300 RIA by Financial Times magazine for five consecutive years $3 billion assets under management as of 3/31/21 |
Download Our eBook: "Top Four Questions to Ask Before Hiring a Financial Advisor"
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Here's what you'll learn: The difference between fiduciary and suitability standards Learn how some advisors may not be required to work in your best interest Be aware of various types of hidden costs The importance of third party custodians The difference between fee-based and fee-only Download Now - It's Free |
We understand the responsibility of stewardship as it applies to your organization’s endowment.Carnegie has always served clients as a fiduciary, which has been called the highest standard for a financial advisor. By working with Carnegie, you may confidently follow the vision of your nonprofit, knowing you have a sound investment plan.
Using our proven research experience, we create asset allocations and customized portfolios to support your mission.At Carnegie, our firm’s stability and long-standing tenure serving foundations and nonprofit organizations allows us to build enduring relationships. We start with a thorough understanding of your organization's mission, values and resources. We then develop a financial plan to help strengthen your financial position and create strategies to weather the challenges and capture the opportunities ahead.
Our foundation and nonprofit investment process, much like our other areas, is based on transparency and an open dialogue with your specific advisor. With foundations and nonprofits, we also facilitate and simplify communications among trustees, board members and you, as portfolio manager or manager of the foundation. |
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One of the foundations of our relationship will be the nonprofit’s investment policy statement.Also, we will help your organization’s governing body meet its fiduciary duties with a well-documented policy statement to provide the structure and parameters of the investment process including:
Acceptable types of investments that fit with your organization’s mission
Investment objectives and acceptable risk tolerance Process outlines for selecting acceptable allocation ranges and asset classes Cash distribution requirements to meet your organization’s needs Timeline for ongoing investment performance reviews |
SCHEDULE A COMPLIMENTARY
CONSULTATION First, meet with an advisor to discuss your organization's financial objectives. |
DISCUSS YOUR GOALS
AND DEVELOP A CLEAR PLAN Second, we craft an Investment Policy Statement (IPS) (if applicable) that meets your needs and criteria. |
IMPLEMENT YOUR PLAN
WITH CONFIDENCE Third, implement an investment strategy that satisfies your cash flow, short and long-term goals. |