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How to Keep Endowments Above Water
Posted by Adam Nelson on Mon, Jan 30, 2017 @ 05:10 PM

Not-for-profit organizations cannot always control how their investments perform, but they can take steps to protect funds that are losing value.

Managing endowment investments will become even more important in the years ahead due to the changes coming to not-for-profit financial reporting. The changes will require organizations to disclose the fair value of the underwater endowed funds as well as the related original gift amount that must be maintained. The new requirements present an opportunity for organizations to reconsider their endowments and spending policies to preserve the value of such investments.

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Topics: accounting, Non-profits, Not-for-Profits, NFP, Adam Nelson, Underwater Endowments

Proposed Technical Correction Made to Not-For-Profit Endowment Reporting
Posted by Michelle Spriggs on Fri, Dec 2, 2016 @ 11:56 AM

Endowment reporting under the new not-for-profit financial statement reporting requirements could be changing again.

On October 27, 2016, the Financial Accounting Standards Board (FASB) issued an exposure draft of a technical correction to clarify the reconciliation disclosure not-for-profit organizations will have to make for their endowment funds.

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Topics: not-for-profit, FASB, Michelle Spriggs, NFP, endowment funds, Underwater Endowments

Managing Underwater Endowments for Not-for-Profit Organizations
Posted by Adam Nelson on Thu, Feb 25, 2016 @ 03:26 PM

A recent study published by the National Association of College and University Business Officers (NACUBO) indicated that participating institutions saw their endowment returns decrease by 13 percent for the fiscal year that ended June 30, 2015, compared to the fiscal year that ended June 30, 2014. Considering the market performances from July 1, 2015 through January 31, 2016, the fiscal year that will end June 30, 2016, is shaping up to be a disappointment for endowment portfolios everywhere. As the market declines continue, the issue of underwater endowments will again become center stage in the not-for-profit sector.

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Topics: accounting, Non-profits, Not-for-Profits, NFP, Adam Nelson, Underwater Endowments

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