Nonprofit Financial Advisor
Our mission is to help you fulfill yours.
Running a nonprofit is challenging. If your organization is like many, you provide services that are vital to the community, yet sometimes you are underfunded and short-staffed. Our financial advisors are here to help.
Investment Management Services for Nonprofit Organizations
We understand how important foundation and endowment funds are to fulfilling your organization’s mission. With nearly 100 years of combined experience advising private foundations and charities, our team serves as an extension of your staff to manage the funds responsibly with a focus on maintaining them for the long term.
Endowments have unique needs, which is why it’s important to work with a team that has experience managing endowment assets. As a nonprofit financial advisor, we understand the need to grow the portfolio over the long term in order to maintain your endowment’s purchasing power relative to inflation. We manage assets specifically to meet this need. We also partner closely with your investment committee to manage the endowment’s ongoing liquidity needs.
- A disciplined approach to investment management: We follow a structured and research-driven process to design an investment strategy that aligns with your organization’s financial goals, needs, risk tolerance, and long-term objectives.
High-touch service: Our team is dedicated to delivering personalized, proactive service that prioritizes your needs. You’ll work directly with experienced financial advisors who take the time to understand your priorities, anticipate challenges, and provide timely guidance.
- Customizable reporting: We provide detailed and customizable financial reporting tailored to your preferences and requirements. Our tools make it easy to track progress, monitor allocations, and gain insights into your portfolio’s performance at any time.
- Ongoing education to guide leadership and maximize resources: Our goal is to enable your leadership to confidently maximize the value of your nonprofit organization’s assets. Your dedicated team is committed to providing education and insights to help your board and leadership team make informed decisions. We also offer financial planning education to your staff and board with topics like stock gifting, charitable trusts, and advanced planned giving strategies.
Investment Process for Nonprofit Organizations
At JNBA, we take a three-pronged approach to endowment management.
Portfolio optimization
The guiding force behind every endowment fund is its Investment Policy Statement (IPS). Our registered investment advisors work with your nonprofit board and investment committee to develop an IPS that meets the specific needs of your organization. Using this IPS as a guide, we develop an asset allocation that seeks to optimize returns, provide long-term growth, manage volatility, and provide liquidity to meet the ongoing needs of the organization. We include a diverse mix of equity, fixed income, and inflation-hedging assets as appropriate.
Portfolio management
With the asset allocation in place, we utilize tactical shifts and manager selection criteria to implement an investment strategy. The JNBA Investment Committee consistently monitors the portfolio, making tactical asset allocation shifts when necessary. As an independent fiduciary advisor, we take an objective approach to manager selection, as we receive no commissions or revenue sharing from any of the funds used in client portfolios.
Active Portfolio Review
We believe a disciplined approach to rebalancing portfolios can help manage volatility and improve returns. Our investment advisors review your portfolio every 10 business days in order to take advantage of market volatility and manage your organization’s liquidity needs.
Endowment-Specific Investing
Endowments have unique needs, which is why it’s important to work with a team that has experience managing endowment assets. As a nonprofit financial advisor, we understand the need to grow the portfolio over the long term in order to maintain your endowment’s purchasing power relative to inflation. We manage assets specifically to meet this need. We also partner closely with your investment committee to manage the endowment’s ongoing liquidity needs.
Socially Responsible Investment Management
Nonprofit organizations are increasingly recognizing the importance of aligning their investments with their values. To meet this need, we offer a robust and customizable (ESG) (environmental, social, and corporate governance) platform. We work to ensure your endowment funds are invested in a manner that furthers your organization’s mission and makes a lasting impact.
Nonprofit Financial Advisor FAQs
What does a nonprofit financial advisor do?
A nonprofit financial advisor partners with your organization to manage your financial resources in a way that supports your mission. From portfolio management to cash management strategies, we align with your goals and values, providing guidance that helps you plan for the organization’s future with confidence.
When should a nonprofit consider hiring a financial advisor?
It’s a good time to bring in a financial advisor when your organization has savings, investments, or an endowment and your organization has limited resources and expertise. If your nonprofit is growing, planning for the long term, or simply looking for guidance on how to handle funds more effectively, an advisor can provide the expertise and support to help you make informed financial decisions.
What is the benefit of working with a fiduciary advisor vs. a non-fiduciary advisor?
A fiduciary advisor is legally and ethically required to putting your nonprofit organization’s best interests first. As a fee-only investment advisor, we offer advice that’s objective and free from sales and commissions. Other advisors may operate under different standards, where recommendations can be influenced by compensation. At JNBA, our fee-only fiduciary approach helps ensure your mission remains at the center of every financial decision.
