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Investment Management for Foundations and Nonprofits

Partnering with you to provide financial guidance at every step of your organization’s growth.

Contact Our Nonprofit Team
PARTNER WITH A FIDUCIARY

Partner with an​
​investment fiduciary

IMPLEMENT A SOUND STRATEGY

Implement a custom
​investment plan

CONFIDENTLY PURSUE YOUR MISSION

Build long-term
​financial sustainability

Contact our nonprofit team

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. 

To address this, Carnegie formed a dedicated team to better serve nonprofits. Our approach extends beyond investment management; we partner with your team to provide comprehensive, ongoing financial guidance and development support.

Operational costs

Capital growth expenditures

Increasing awareness among your target audience

Raising funds from donors

Contact Our Nonprofit Team

A dedicated nonprofit team for comprehensive support

Carnegie has a long history of serving nonprofits. Many organizations have turned to us for investment guidance after feeling overlooked and underserved, resulting in frustration and subpar outcomes.

To address this, Carnegie formed a dedicated team to better serve nonprofits. Our approach extends beyond investment management; we partner with your team to provide comprehensive, ongoing financial guidance and development support.
Contact our Nonprofit Team

​We partner with a wide range of nonprofit organizations

Serving both emerging and long-standing nonprofits with $500,000 or more of investable assets.
  • Churches and Religious Entities
  • Schools and Educational Organizations
  • Human Services
  • Health and Wellness
  • Arts and Culture
  • Family and Private Foundations
  • Public and Government Funds
  • Membership Associations
  • Community Development
  • Historical Societies
  • International Development
  • ​Animal and Environmental Conservation

With a Carnegie Advisor,
​your nonprofit can expect:

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Investment Policy Statement (IPS) Development

At Carnegie, your Investment Policy Statement (IPS) is the cornerstone of our partnership and a guide for your custom portfolio. We collaborate with key individuals to develop or update your IPS with these steps:
  • Understand the nonprofit's mission and objectives
  • Assess cashflow needs, risk tolerance, and investment constraints
  • Define clear investment objectives and an asset allocation strategy
  • Document policies, procedures, and benchmarks
  • Gain approval from the board or committee
  • Implement and monitor the IPS regularly
  • Schedule annual reviews and updates
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On-demand, on-going
​performance reporting.

We understand the importance of knowing you’re on track to meeting your nonprofit’s financial goals. Our nonprofit team is committed to delivering timely and accurate updates tailored to your specific needs so you can have greater confidence and peace of mind.
  • Daily online account access
  • Monthly reporting from the custodian
  • Quarterly statements sent by your portfolio manager
  • Annual portfolio reviews or by request
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Simple fee structure.

It is essential to have a clear understanding of the fees associated with investment management services. At Carnegie, our compensation is solely based on a pre-agreed percentage of assets managed. This transparent compensation model fosters trust and ensures that both your and our interests are aligned.
  • We don’t sell commission products
  • No one-time setup charges
  • No administrative fees from Carnegie
  • No reporting fees
  • No third-party management fees
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Value-added services
​for nonprofit clients

We recognize that your investment plan is just one component of your comprehensive fundraising strategy. Therefore, we offer complementary services designed to enhance your giving and encourage contributions beyond traditional cash donations.
  • In-house Nonprofit Development Specialist available to review and discuss fundraising activities to provide ideas and suggestions
  • Custom stock donation landing page built to integrate seamlessly into your website to facilitate the acceptance of stock donations
  • Stock donation facilitation, documentation, and follow up
  • Board, trustee, and donor education around investing for your nonprofit
Contact our Nonprofit Team
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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 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.
Contact our Nonprofit Team

Carnegie Nonprofit Investment Strategy FAQ​

Our guiding investment philosophy is to help clients meet their cash flow and portfolio growth needs while taking the least amount of risk possible to meet those objectives. We only invest client funds in publicly traded stocks or ETFs or bonds which allows us to control risk and keep costs low. We do not invest client funds in hedge funds, private equity or high-cost mutual funds. The stocks we invest in tend to be very high quality, profitable leaders in their respective industries. We prefer to use individual bonds for the fixed income portion of the portfolio so we can control quality, maturity length and cost.
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Seeking an Investment Advisor for Your Nonprofit Organization and Don’t Know Where to Start?

Download Our Guide: A Nonprofit’s Guide to Finding an Investment Advisor
Choosing an investment advisor to become a partner with your organization shouldn't be confusing. In this easy guide, we walk you through the essential questions you should ask when evaluating investment advisors.

Here’s what you’ll uncover:  

• Key questions to ask potential advisors 
• How to compare different investment advisors 
• The importance of a personalized investment strategy 
• What additional, value-added services your advisor should offer your nonprofit

Talk to an Investment Professional about Your Nonprofit

Schedule a time to learn more about how we serve nonprofits. We will learn about your organization and provide recommendations for moving forward. We look forward to speaking with you! 

Nonprofit Investment Topics by Carnegie Advisors

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How Our ‘Counsel’ and Team Approach Helps Us Make Investment Decisions

The word “counsel” in our name speaks to the expertise we bring to investment management. But how does the Carnegie approach work in practice? How do we synthesize information as a team to help portfolio managers make decisions. Read More.
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How to Craft an Investment Policy Statement for Your Nonprofit, Corporation or Yourself

As a portfolio manager at Carnegie Investment Counsel, I am involved with creating portfolios designed to help clients meet their goals. For individuals, corporations or nonprofits, investment policy statements (IPS) are a way to outline goals and objectives. Read more. 
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Hiring a Financial Advisor For Your Nonprofit Can Help Make a Greater Impact

Your work is important and valuable. You might even say you are “doing good in the neighborhood!” When you combine your nonprofit mission with strong financial management you can make an even greater impact for those you serve. Read more.
Nonprofit Fundraising with Appreciated Stock Donations


​Skyrocket Your Fundraising With Appreciated Stock Donations


​Is your nonprofit ready to accept donations of appreciated stock? Are you leveraging this option to the fullest? In this guide, we explain the benefits of stock donations and six tips to greatly increase your fundraising! Don’t miss out. 
Download Our Guide

How to Start Investing with Intention

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Schedule a complimentary consultation

First, meet with an advisor to discuss your organization's financial objectives.
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Discuss your goals ​and develop a clear plan

Second, we craft an Investment Policy Statement (IPS) (if applicable) that meets your needs and criteria.
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Implement your  plan ​with confidence

Third, implement an investment strategy that satisfies your cash flow, short and long-term goals.
Contact Our Nonprofit Team
Carnegie Investment Counsel is a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Neither the information nor any opinion expressed is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. ​For more information please visit our full disclosures page. ​

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  • Personal
    • Investment Management
    • Wealth Management
  • Corporate
    • Corporate Retirement Plan Services
  • Nonprofit
    • Foundations and Nonprofits
    • Associations
  • About
    • About Carnegie
    • Team
    • Disclosures
  • News & Insights
    • Media Wall
    • Carnegie Investment Counsel Blog
    • Nonprofit Investment Blog
  • Contact
    • Talk to An Advisor
    • Request for Proposal
    • Offices
    • Careers
  • Client Login
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