Question
Assignment 12.3. Managing Endowment Funds - You are the new executive director of a bio-tech research nonprofit organization. Your nonprofit has a midsize true endowment
Assignment 12.3. Managing Endowment Funds - You are the new executive director of a bio-tech research nonprofit organization. Your nonprofit has a midsize true endowment fund that is managed in-house by a financial manager. The endowment has not been generating consistent returns to support your nonprofits programs. This was especially true during the Covid-19 pandemic in 2020, when your fund lost a substantial amount of its value initially. An investigation revealed that the endowment is primarily invested in a 60/40 split between stocks and bonds and the investment policy has not been reviewed for years. What will you do to improve the performance of the endowment fund?
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