As a leading wealth management firm, we offer proactive expert advice and comprehensive capabilities including financial planning, investment management, private and business banking, trust and estate services, philanthropic advisory, online services and family office solutions.
Given the turbulent market environment, a nonprofit organization was experiencing declining donor contributions and having trouble sustaining the foundation.
Our team worked with the board to assess their current situation including an analysis of spending and donation inflows and their current investment program. The analysis showed the spending levels were not in alignment with their current investment policy.
As a result, our team worked with the investment committee to tailor a new investment program that reflected the nonprofit's goals and risk tolerance. The program reflected diversification across multiple managers, different styles and asset classes. A process was put into place for regular monitoring and rebalancing.
In addition, our team evaluated key reporting capabilities to ensure that current systems capabilities were meeting the needs of the organization and the most recent compliance and regulatory requirements.
A Unique Value to Nonprofits:
Foundation & Institutional Advisors is our dedicated practice at Northern Trust committed to serving nonprofit organizations. When you choose Northern Trust, you can expect:
- An organization grounded in a tradition of fiduciary excellence and integrity for more than 120 years.
- An experienced and collaborative partner who will work with your staff and investment committee to create tailored solutions to help you achieve your goals.
- A world-class diversified asset manager and custodian distinguished by award-winning service across a single global platform.
- An exceptional record of soundness and stability demonstrated by a variety of measures: credit quality, solid credit ratings and a highly liquid balance sheet.
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