Our mission is to help you fulfill yours.
We understand how important foundation and endowment funds are to fulfilling your organization’s mission.
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. We’re here to help.
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.
Our support includes:
- A disciplined investment process
- High-touch service
- Customizable reporting
- Ongoing education to guide leadership and maximize resources
At JNBA, we take a three-pronged approach to endowment management.
The guiding force behind every endowment fund is its Investment Policy Statement (IPS). We 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.
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.
We believe a disciplined approach to rebalancing portfolios can help manage volatility and improve returns. We review your portfolio every 10 business days in order to take advantage of market volatility and manage your organization’s liquidity needs.
Endowments have unique needs, which is why it’s important to work with a team that has experience managing endowment assets. We understand the need to grow the portfolio over the long term in order to maintain your endowment’s purchasing power relative to inflation, and 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 Investing
Nonprofits 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.