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Endowment Funds
InterAct for Change Advisors are available to assist in the creation, administration, and management of endowment funds for non-profit organizations. Endowment funds are invested for long-term growth to provide a consistent source of annual income and a more stable, secure financial future for the nonprofit organization. Assets are not pooled with other funds, but instead, are held in separate accounts. Activity and investment performance are reported quarterly.
InterAct for Change Advisors are available to assist with developing an endowment policy, an investment policy, and in the selection of an investment strategy. Various investment options are available through InterAct, including:
- Money-market funds (suggested for partners who plan to recommend frequent grants).
- A diverse variety of high-quality mutual funds.
If the Philanthropic Fund exceeds $500,000, the partner or advisory group has the option of recommending a preferred investment partner (i.e., a wealth manager, consultant, or investment advisor) to individually manage the investment portfolio, using the investment guidelines established by InterAct for Change.
Endowment funds housed at InterAct for Change receive the superlative strategic and advisory services of our experienced Advisors. For more information on how we can put our team to work for your nonprofit organization, contact us.