The Long and Short of Endowment Management
Wednesday March 7, 2012 2:00-6:00 PM
Wednesday Evening, Dinner as a Group
Thursday, March 8, 2012 9:00 AM-12:00 Noon
Ken Quigley, Program Director for Endowment Management Solution, Episcopal Church Foundation
Effective endowments organize around three principles: purpose, people, and policies. This session will compare and contrast the uses of endowments and how they impact annual budgets, spending rules, and investment choices. It will explore who is on the endowment board, how they get there, and the difference that makes as well as the relationship between vestries and endowment trustees. Finally, the group will discuss how core principles of endowment management apply to their own situations.
David Ely, CFA & VP, State Street Global Advisor; Senior Portfolio Manager/Investment Team
Leader in SSGA's Investment Solutions Group dedicated to Charitable Asset Management Endowment management is becoming increasingly complex. This session will explore the investment options available and recent trends in endowment management. The session will also explore the different risks facing endowments as well as some of the nuts and bolts of endowment management such as asset allocation, performance measurement, and the fees associated with various strategies. Learn from a professional fund manager about the many challenges and opportunities that await those who invest in today's markets.
David Leibell, partner, Wiggin and Dana, New Haven, CT (trusts and estate planning)
Church endowments operate under their own by-laws and policies, state and federal laws as well as IRS rules and accounting principles. You are well-advised to know the legal lay of the land. This session is led by one of the nation's leading trust attorneys who will cover all the key elements of the legal side of endowment management.
James Murphy, CFRE, Senior Program Director of Stewardship Services, Episcopal Church Foundation
How you interpret your endowment to the congregation, and how you account for its impact, will make a world of difference in receiving additional gifts. After you establish the structure of your endowment and invest it wisely, what's left to do? Grow it through new gifts. Jim will explore creative ways to communicate your message and carefully and consistently educate your congregation in the many ways of planned giving that benefit both the donor and your church.