Investment Oversight Responsibilities | Plante Moran
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Investment oversight responsibilities: Is your not-for-profit board on board?

plantemoran webinarsIn the current economic environment, demand for services from not-for-profits is increasing at the same time investment returns may have been hit hard. The Uniform Prudent Management of Institutional Funds Act (UPMIFA) and increasing demands for accountability and transparency in general have put the fiscal policy of not-for-profits under scrutiny. It is more important than ever that board members exercise due diligence to oversee that their organizations are well-managed and that their financial situations remain sound.

While not every board member is a financial expert, each member needs to understand his/her financial oversight responsibilities in order to make informed, responsible investment management decisions. This session will help attendees understand the importance of having a sound investment policy statement (IPS) that will outline the objectives of the organization’s investment plan and guidelines for achieving them.

At the conclusion of this webinar, participants will be able to:

  • Understand the fiduciary and legal responsibilities of not-for-profit board members, collectively and individually
  • Identify the primary impact of the UPMIFA as it relates to investment policy and spending policy
  • Understand the importance of establishing an investment policy for their organization, including the prudent selection and monitoring of endowed or charitable investments
  • Understand effective strategies for managing investment risk and optimizing returns
  • Understand how to delegate responsibilities and manage fiduciaries

Presenters | John Bebes and Cliff Shapiro, leaders on the Plante Moran not-for-profit team, and Bill Stone and Todd McClain, on the Plante Moran Financial Advisors team specializing in investment consulting, fiduciary compliance, and trustee education for not-for-profit organizations.


Date: Oct 11, 2012

Time: 2:00PM EDT - 3:00PM EDT