/ Non-Profits

The Non-Profit Investment Management Your Organization Deserves

Shouldn’t your investment strategy support your organization’s mission?

Stonecrop Serves Non-Profit Institutions

Do you work for, or are you on the board of, a non-profit organization? Do you have confidence that its long-term investments will support the organization’s goals? Because of our experience and expertise in non-profit investment management, we have a pretty good idea of the daily challenges you face on the investment front.

Many small to mid-sized entities feel they don’t get the attention they need and deserve. But we find working with non-profit organizations incredibly rewarding.

With decades of experience serving non-profits and understanding their goals, Stonecrop is ideally suited to ensure proper care of your institution’s endowment, long-term strategy, financial governance, planning, reporting, and more.

Stonecrop’s founder Douglas MacGray has served a variety of non-profit institutions, managing their endowments and other asset pools, as well as their governance and financial structure. He utilizes his legal and non-profit background to assist institutions in properly governing themselves as they manage their investment portfolios.

YOUR NON-PROFIT’S INVESTMENT MANAGEMENT CHALLENGE

A perception you are too small to get the attention you deserve

Many non-profit institutions in the so-called “small” market (from start-up to upwards of $100 million) struggle to adequately manage their portfolios, whether those portfolios are endowments or other pools of money.

*Mr. MacGray will not act in the capacity of an attorney. Any recommendation(s) should not be construed as legal or tax advice and are not intended to replace the advice of a qualified attorney or tax advisor.

Often these institutions have not yet created a fully effective investment committee on their board. And they typically get a confusing array of information that does not adequately allow them to fulfill their fiduciary duty to the institution to oversee and steward these funds.

In addition, these institutions are often served with less attention than they deserve because of their status as “small.” The board chair of an institution with over $100 million once asked us at a proposal meeting, “Is our account large enough to keep your attention? Our current provider keeps changing advisors on us, and we have a hard time getting a return call.” Although we were initially surprised, we have since found this issue a common one.

THE ANSWER FOR YOUR NON-PROFIT

Your institution should have a non-profit financial advisor who:

Experts guide an investment committee to create and/or follow appropriate procedures, implement and utilize a well-crafted investment policy statement, educate those on the committee who are not sophisticated about investments, and act as an overall resource for the committee and the larger boards they serve.

Simplifies and appropriately presents performance information to the investment committee to arm it with the information it needs to steward the portfolio properly.

Provides the appropriate level of service to the “small” portfolio, treating it with the importance and respect your organization’s hard-earned donations, mission, and goals deserve.

How We Work With—Or Develop—Your Investment Committee

If an institution does not have an investment committee, we consult with the organization’s leadership to help them create one.

If the institution has a well-functioning committee, we work to make sure its investment policy is up-to-date. Suppose it needs updating or does not exist. In that case, we work with the investment committee to draft an investment policy statement—for their review and ultimate approval—which will guide the committee as they fulfill their fiduciary duties to the institution.

If the board or investment committee needs other assistance in setting up or adjusting its governance or oversight procedures, we can consult and assist. A well-crafted investment policy statement is the foundation on which the successful fiduciary stewardship of a portfolio thrives. In addition, we believe the portfolio management of non-profit institutions needs to be connected to the fulfillment of the mission of the organization. Stonecrop Wealth Advisors assists the investment committee in this task.

How We Provide And Explain Investment Performance Reports

We consult with institutions to create a custom performance reporting system designed to meet the needs of the particular characteristics of each institution’s investment committee. We seek to provide all necessary information in a manner that quickly allows committee members to assess the condition and performance of the portfolio, as well as the non-profit’s investment strategy.

How We Are Committed To Serving You

We are absolutely committed to the non-profit market. We seek to help mission-driven organizations, and we have a passion for being a small part of helping organizations like yours fulfill your mission.

Our clients’ assets are as small as $100,000 and as large as approximately $100 million. Regardless of their size, all clients are equally important to us and get continuity of advisor and service team, quick response, and service to match the institution’s needs.

How Our Experience Benefits You

At Stonecrop, our portfolio management for non-profits uses a sophisticated asset allocation approach led by an investment committee consisting of highly expert, highly credentialed (3 members of the committee are CFA charterholders), and highly motivated individuals.

We use the most advanced tools available on the market today to support your organization. Add our passion for and experience helping non-profits grow and achieve their goals, and you can see how we can be the partner you’ve been missing.

Doug MacGray leads the institutional work at Stonecrop Wealth Advisors. Professionally and personally, Doug has always helped others. He started his career working overseas for a non-profit organization, teaching in a school in Micronesia. Thereafter, he went to law school, and practiced law for a dozen years. In addition to estate planning, Doug practiced in the area of corporate law, including non-profit law, forming and representing scores of non-profit organizations.

Doug has served on several boards, including his current role as a member of the board of trustees for an institution of higher learning.

Among its clients, Stonecrop Wealth Advisors serves universities, seminaries, foundations, senior living communities, community service organizations, churches, and many other non-profits.

Ready to find out how Stonecrop Wealth Advisors can help you?

We’d love to hear about your organization and discuss how our extensive experience advising institutional clients on non-profit investment strategy can help support your mission and objectives.

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